Oakmont, St. Albert · MLS® E4471976
11
933 sq ft · Condo · Single Family · built 2026 · 264 days on market
listed by Dan Lepine, MaxWell Devonshire Realty
Spacious & new 1 Bedroom plus Den suite at Riverbank Landing in St Albert! Beautifully located on the banks of the Sturgeon River Valley. Concrete and steel construction offers superior privacy and fire safety. Premium features throughout include; 9ft ceilings, oversized windows, quartz countertops, porcelain tile, modern linear style fireplace, forced-air heating & A/C and much more. Underground parking and storage space included! Large 158sf balcony with water and natural gas hookup. Riverbank Landing's well designed amenities include; an impressive 2 story lobby & event centre, residents lounge, fitness room, roof-top patio, guest suite, car wash, etc. Only steps to the 65kms of the Red Willow Trail system, boutique shopping, restaurants, professional services and the Mercato Italian Market. Low condo fees and quick possession is available.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $2,095 · strata $460 · 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
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about $5,384 a year
The asking price times St. Albert's 2026 residential rate of 11.20 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 82/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 4 places to eat or drink, 2 cafes, 10 parks and playgrounds, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.