South Business Park, Stony Plain · MLS® E4507769
22
752 sq ft · Condo · Single Family · built 2005 · 45 days on market
listed by Travis Hawryluk, RE/MAX PREFERRED CHOICE
Rarely available and perfectly positioned, this top-floor home is all about the view. From your living room or balcony, take in the gorgeous east-facing light that makes every morning feel like a fresh start. With over 750 sq ft, this thoughtfully designed unit is the perfect fit for downsizers, first-time buyers, or investors looking for a smart, low-maintenance option. The two bedrooms and two full bathrooms are separated by an open living area and kitchen, giving everyone privacy and comfort. In-suite laundry and generous storage add everyday convenience. Start your day with coffee and sunrise, end it with calm and quiet above it all. This well-managed complex offers assigned underground parking plus plenty of guest parking, and the location couldn’t be better with amenities right in the building and groceries, gas, medical care, and more just steps away. When location, low-maintenance living, and an incredible view come together, opportunities like this don’t last long.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $740 · strata $506 · 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 $1,603 a year
The asking price times Stony Plain's 2026 residential rate of 9.43 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 91/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 14 places to eat or drink, 3 cafes, 3 parks and playgrounds, 1 school, 2 pharmacies, 6 transit stops.
mihom score from OpenStreetMap places, by straight line distance.