Strathcona, Edmonton · MLS® E4482920
11
653 sq ft · Condo · Single Family · built 1972 · 191 days on market
listed by Sarah Lizee, REMAX River City
This one-bedroom condo offers a fantastic opportunity for investors, students, or buyers looking for an affordable property in a prime location. Situated close to the University of Alberta, Whyte Avenue, and the river valley, you’ll enjoy easy access to some of the city’s best amenities, dining, shopping, and walking trails. Inside, the spacious layout provides a functional floor plan with a large kitchen that opens to the living room, creating a comfortable space for everyday living. Patio doors lead to a nicely sized deck, perfect for enjoying some fresh air. The bedroom is conveniently located near the 4-piece bathroom, and the oversized storage room offers excellent flexibility for additional storage or organization. The unit also includes one assigned parking stall. Whether you’re looking to invest or purchase an affordable home in a highly desirable area, this property is a great opportunity.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $479 · strata $475 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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
Catchment schools, Edmonton Public Schools
24569.1 km away · 8530 - 101 Street NW, Edmonton · (780) 439-2491 · website
24568.6 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · website
From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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Rapid transit: University LRT station, 1.8 km (about 27 min walk); Government Centre LRT station, 1.8 km (about 28 min walk).
$126,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $126,000 |
| 2025 | $120,500 |
| 2024 | $116,500 |
| 2023 | $119,500 |
| 2022 | $123,500 |
| 2021 | $125,500 |
| 2020 | $130,500 |
| 2019 | $141,500 |
From City of Edmonton open data (property assessments), matched to #320 8604 GATEWAY BOULEVARD NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,306 a year
The 2026 assessment times Edmonton's 2026 residential rate of 10.36 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.
Rapid transit: University LRT station, 1.8 km (about 27 min walk); Government Centre LRT station, 1.8 km (about 28 min walk).
Walkability 93/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 71 places to eat or drink, 17 cafes, 14 parks and playgrounds, 4 schools, 2 pharmacies, 24 transit stops.
mihom score from OpenStreetMap places, by straight line distance.