South Fort, Fort Saskatchewan · MLS® E4512067
11
509 sq ft · Condo · Single Family · built 2006 · 17 days on market
listed by Josh Binnington, RE/MAX Excellence
More than a condo... housekeeping, laundry and 24 hour on site staff are included! Condo fees also cover heat, water and cable TV. Located in a unique adult living community in Fort Saskatchewan, this 1 bedroom, 1 bath condo offers over 500 sq. ft. of comfortable living space plus a balcony overlooking a peaceful pond and fountain. The building is packed with amenities, including a dining area, fitness room, games room, library, shuffleboard and welcoming spaces to socialize. Conveniently located near shopping and everyday essentials, enjoy your own private space with added services, amenities and support close at hand.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $305 · strata $1,106 · 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
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about $553 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.