Erin Ridge North, St. Albert · MLS® E4514020
21
690 sq ft · Condo · Single Family · built 2016 · 1 day on market
listed by Matthew Barry, Exp Realty
Discover this amazing 2 bedroom unit in Erin Ridge Gate! Perfect for first time homebuyers, investors or anyone looking to downsize! Just off the entrance is the main four piece bathroom. The kitchen has tile backsplash, stainless steel appliances, GRANITE countertops and an eating bar. The kitchen seamlessly flows into the living and dining areas-perfect for entertaining guests. The cozy living room has access to the covered deck to enjoy your morning cup of coffee. 2 bedrooms, INSUITE LAUNDRY and a HEATED TITLED underground parking stall completes this great unit! Close to public transportation, shopping and schools, this property is in the heart of everything you need. Don't miss out on this opportunity to own a piece of Erin Ridge Gate!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $871 · strata $446 · 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 $2,238 a year
The asking price times St. Albert's 2026 residential rate of 11.20 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 89/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 14 places to eat or drink, 2 cafes, 4 parks and playgrounds, 1 school, 1 pharmacy, 7 transit stops.
mihom score from OpenStreetMap places, by straight line distance.