South Fort, Fort Saskatchewan · MLS® E4504109
211
768 sq ft · Condo · Single Family · built 2008 · 70 days on market
listed by Jennifer Lucas, Royal LePage Noralta Real Estate
Welcome to the Manor at Southfort! This bright 2-bedroom, 1-bathroom condo is an excellent opportunity for investors or first-time buyers, with long-term tenants already in place who would like to stay. Enjoy the added comfort of central A/C, a partially furnished interior, and one assigned surface parking stall. Located in a quiet, low-rise building with access to the amenities at the Gardens, this home offers convenient living close to shopping, banking, groceries, restaurants and easy commuter highway access. Whether you're looking to add a solid rental property to your portfolio or make your first step into home ownership, this well-located Southfort condo offers comfort, convenience and investment potential.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $839 · strata $585 · 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 $1,522 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 46/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 6 parks and playgrounds, 8 transit stops.
mihom score from OpenStreetMap places, by straight line distance.