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Avenue at Hermitage

1196 Hyndman Road Nw, Edmonton, AB T5A 0P8

Avenue at Hermitage, at 1196 Hyndman Road Nw, is a condo building in the Canon Ridge area of Edmonton, Alberta. It was built in 2009, has 265 residential units and stands 4 storeys tall.

Canon Ridge
Year Built
2009
Units
265
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$151,326.02
Median Sold
$155,000
Price Range
$104,700 – $191,200
Avg $/SqFt
$184.652
Sales (2yr)
49
Active Listings
6
Avg List Price
$149,709.167
Avg Days on Market
62.645833333333336

Last sale: Oct 16, 2026

Condo Fees

Avg Monthly Fee
$560.324
Median Fee
$569.86
Avg $/SqFt
$0.683
Units w/ Fee Data
52
Fee IncludesHeat, Water

2026 Assessment

Avg Assessed
$151,400
Min Assessed
$105,500
Max Assessed
$191,500

Building Features

ExteriorWood, Vinyl
AmenitiesIn-suite laundry, computerized security entrance system, parking stalls, proximity to River Valley trails, Rundle Park.
Parking/Storage Titles359
Building TypeLow-rise apartment
Floors4 storeys
Year Built2009

Policies

Pet PolicyPet restrictions apply.
Rental PolicyRentals allowed; units listed as tenant-occupied investment opportunities.

Known Issues & Notes

Known Issues (news/court)

[lawsuit_or_court - developer / warranty] Condominium Corporation No. 0828219 obtained a $112,000 default judgment against the dissolved developer Carrington Hermitage Ltd. for construction defects and sought to bar the developer's former sole shareholder, Carrington Holdings Ltd., from defending a subsequent s.227 Business Corporations Act claim via res judicata, merger, or abuse of process; the court, on July 27, 2022, held these doctrines did not apply because the shareholder was a distinct, non-privy party, found no abuse of process, and dismissed the application with costs. (2022-07-27); [lawsuit_or_court - developer / warranty] Condominium Corporation No. 0828219 had obtained a $112,000 summary judgment plus costs against the dissolved developer corporation Carrington Hermitage Ltd. for construction deficiencies, and then sought to have that judgment bind the developer's parent company, Carrington Holdings Ltd., on the theory it was also a 'developer'; the Court of Appeal dismissed the application, holding the parent and dissolved subsidiary are separate legal entities and not privies, so res judicata and abuse of process do not prevent the parent from defending the second action against it on the merits. (2023-07-26)

Source

Repairs/Projects

Recent upgrades noted: new carpet and paint (2025), new flooring and paint, upgraded computerized security entrance system.

Management

Management CompanyKDM Management Inc.
Phone780-460-0444
Visit Website

About This Building

Avenue at Hermitage is a four-storey low-rise apartment building in Canon Ridge, Edmonton, built in 2009 and comprising 265 units. Recent sales average around $151,000, with monthly fees roughly $560. The building's location near the North Saskatchewan River and Hermitage River Valley trail system offers excellent access to outdoor recreation. Units typically feature open-concept layouts, in-suite laundry, and private patios or balconies. Heat, water, and sewer are included in condo fees. Before committing to purchase, prospective buyers should obtain and review the reserve fund study, financial statements, board minutes, and bylaws to understand the building's financial health and governance.

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