Sherridon Heights, Fort Saskatchewan · MLS® E4482060
211
1,020 sq ft · Condo · Single Family · built 1994 · 194 days on market
listed by Jeff Lorenz, MaxWell Devonshire Realty
Enjoy the perfect combination of location, layout & views in this spacious (50+) condo just steps from the river valley and everyday amenities. Offering a wonderful floor plan, this 2-bedroom, 1-bath unit features expansive windows in every room, capturing beautiful river valley views & filling the home with natural light. The interior has been freshly painted & features laminate flooring throughout w/ carpet in the bedrooms. While largely original, the unit has been very well maintained and offers a fantastic opportunity to personalize over time. The open-concept living & dining area flows seamlessly to a massive private balcony, providing a peaceful outdoor space to take in the surrounding views. Additional highlights include in-suite laundry, ample storage, an underground parking with separate storage locker and car wash bay. A rare opportunity to secure a well-located unit with incredible fundamentals—ideal for buyers looking to enjoy retirement w/ a view!!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,089 · strata $690 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) raised by what new tenants pay against everyone in the Edmonton area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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about $1,976 a year
The asking price times Fort Saskatchewan's 2026 residential rate of 7.91 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 76/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 3 places to eat or drink, 8 parks and playgrounds, 4 schools, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.