Condo
$299,000
#406 5 Perron St
Downtown (St. Albert), St. Albert22 days on market
listed by RE/MAX Elite
MLS® E4511406
#407 5 Perron St
$309,900
#407 5 Perron St
Downtown (St. Albert), St. Albert · MLS® E4499197
22
1,249 sq ft · Condo · Single Family · built 2010 · 100 days on market
listed by Marc Blais, RE/MAX Excellence
realtor's description
Welcome to 407, 5 Perron St! Experience vibrant downtown living in this stunning 2-bed, 2-bath condo with approx. 1,276 sq ft of stylish comfort! Built in 2009, this top floor unit showcases a sun-filled layout with 9-ft ceilings, durable vinyl plank flooring and tile throughout. The chef-inspired kitchen shines with granite countertops, stainless steel appliances, and a spacious island—flowing seamlessly into a warm living room with a corner gas fireplace. The primary suite features a private 4-piece ensuite, while the second bedroom is thoughtfully set apart for privacy. Enjoy year-round ease with in-suite laundry and A/C. Unwind on your balcony with downtown views, plus benefit from heated underground parking and added storage. Condo fees cover heat and water. Just steps to the river, parks, cafés, boutiques, Arden Theatre & farmers’ market—refined urban living awaits. Some photos are virtually staged.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,249 sq ft
- parking
- 0
- year built
- 2010
- strata fee
- $679 / mo ($0.54 / sq ft)
- days on market
- 100
- MLS®
- E4499197
features
- See remarks
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
monthly cost
$2,029/mo
Mortgage $1,350 · Strata $679
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- −$592/mo
- cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $1,350 · strata $679 · 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
location
Downtown (St. Albert), St. AlbertGoogle Maps ↗
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.