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$153,000

#911 10883 Saskatchewan Dr NW

Garneau, Edmonton · MLS® E4477679

111

661 sq ft · Condo · Single Family · built 1968 · 223 days on market

listed by Richard Li, MaxWell Devonshire Realty

realtor's description

Excellent & best buy hi-rise condo on prestigious Saskatchewan Drive. This fabulous one bedroom corner unit features a stunning open floor plan with a spectacular & unobstructed panoramic view of city skyline, river valley and the beautiful night view of Downtown. Bright and spacious layout with nice sized rooms, open kitchen w/painted maple cabinetry, island w/raised eating bar & stainless steel appliances. Upgraded laminated & tiled floorings, an oversized balcony perfect for outdoor enjoyments. Walk to the U of A, Kinsman Sport & Rec Centre, River valley’s bike/walking trails just steps from the front doors. Exceptional university and river front location, well maintained building has fitness/social rooms, private garden court yard w/ gazebo and BBQ facilities, visitor parking, in-site mail delivery. Condo fee includes heat, water, power, private parking stall & more. Fabulous condo style living for starter/revenue home (great tenant in place), much affordable & priced for great upside value.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 661 sq ft
parking: 1
year built: 1968
strata fee: $53 / mo ($0.08 / sq ft)
days on market: 223
MLS®: E4477679

features

See remarks
Park/reserve
Public Swimming Pool
Refrigerator
Stove
Microwave Range Hood Combo

monthly cost

$720/mo

Mortgage $667 · Strata $53

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

estimated payment

$667/ monthly

loan $122,400

25-year amortization

down payment20% · $30,60020%+ 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: $77,582
land title fees: $380; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $30,980; down + land title fees
total paid: $199,982

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: $1,300/mo
after all costs: $441/mo
cap rate: 8.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $667 · strata $53 · 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

location

Garneau, EdmontonGoogle Maps ↗

Rapid transit: University LRT station, 800 m (about 12 min walk); Health Sciences/Jubilee LRT station, 1.1 km (about 17 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Garneauhomes in this catchment
24570.9 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
Middle Allendale / McKernanhomes in this catchment
Secondary Gr 10-12 Strathconahomes in this catchment
24569.6 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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