#421 1180 Hyndman Rd NW

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$160,000

#421 1180 Hyndman Rd NW

Canon Ridge, Edmonton · MLS® E4502199

221

823 sq ft · Condo · Single Family · built 2009 · 81 days on market

listed by Derek Keet, One Percent Realty

realtor's description

Welcome to Avenue at Hermitage, where comfort, convenience, and nature come together! This top-floor, west-facing condo is just steps from Edmonton's breathtaking River Valley, offering endless trails and outdoor recreation. The bright open-concept layout features large windows that fill the home with natural light while mature trees provide added privacy. The thoughtful split-bedroom design is perfect for families, guests, roommates, or a home office. The spacious primary suite includes a walk-in closet and a private 4-piece ensuite. Recent updates include brand-new carpet (2025) and fresh paint throughout, making this home truly move-in ready. Enjoy the convenience of in-suite laundry, a newly upgraded computerized security entrance system, and condo fees that include heat, water, and sewer. With quick access to Yellowhead Trail, Anthony Henday Drive, shopping, transit, and the River Valley, this is an exceptional opportunity for homeowners and investors alike!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 823 sq ft
parking: 1
year built: 2009
strata fee: $486 / mo ($0.59 / sq ft)
days on market: 81
MLS®: E4502199

features

See remarks
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$150,500

2026 assessment · market value as of July 1, 2025

Down 1.0% from $152,000 in 2025
$190,500 in 2016 (-21% over ten years)
Asking price is 6% above the assessment
Built 2009
Lot 97 m² (1,039 sq ft)
Floor area on the roll 829 sq ft

roll year	assessed
2026	$150,500
2025	$152,000
2024	$137,000
2023	$139,500
2022	$140,000
2021	$145,500
2020	$149,500
2019	$164,000

From City of Edmonton open data (property assessments), matched to #421 1180 HYNDMAN ROAD NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,560 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.

monthly cost

$1,184/mo

Mortgage $697 · Strata $486

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$697/ monthly

loan $128,000

25-year amortization

down payment20% · $32,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $81,131
land title fees: $390; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $32,390; down + land title fees
total paid: $209,131

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,600/mo
after all costs: $253/mo
cap rate: 7.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $697 · strata $486 · 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