Strathcona, Edmonton · MLS® E4507899
22
925 sq ft · Condo · Single Family · built 1981 · 45 days on market
listed by Kunal Sachdeva, RE/MAX Excellence
FRESHLY PAINTED | 2 BEDROOMS + 2 FULL BATHS | PRIME STRATHCONA LOCATION! Welcome to Water’s Edge, offering convenient urban living in one of Edmonton’s most sought-after communities. This bright, functional condo features two spacious bedrooms, each with access to its own 4-PIECE BATHROOM—an ideal setup for students, professionals, roommates, or investors. Water’s Edge offers impressive amenities including a FITNESS CENTRE, RACQUETBALL, BASKETBALL & TENNIS COURTS, plus more. Steps from Edmonton’s RIVER VALLEY and minutes to Whyte Avenue, the University of Alberta, Downtown, and Kinsmen Sports Centre. An excellent opportunity for LOW-MAINTENANCE LIVING in a prime central location!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $719 · strata $723 · 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
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: Muttart LRT station, 1.7 km (about 27 min walk); Government Centre LRT station, 1.8 km (about 28 min walk).
$159,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $159,500 |
| 2025 | $153,000 |
| 2024 | $159,000 |
| 2023 | $153,500 |
| 2022 | $158,000 |
| 2021 | $170,500 |
| 2020 | $177,500 |
| 2019 | $162,000 |
From City of Edmonton open data (property assessments), matched to #608 10149 SASKATCHEWAN DRIVE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,653 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: Muttart LRT station, 1.7 km (about 27 min walk); Government Centre LRT station, 1.8 km (about 28 min walk).
Walkability 87/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 39 places to eat or drink, 11 cafes, 15 parks and playgrounds, 3 schools, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.