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River Walk Villas

38 Riedel Street, Fort McMurray, AB T9H 3E1

River Walk Villas, at 38 Riedel Street, is a condo building in the Downtown area of Fort McMurray, Alberta. It was built in 2001 and stands 4 storeys tall.

Downtown
Year Built
2001
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$112,036.947
Median Sold
$108,000
Price Range
$85,302 – $135,000
Avg $/SqFt
$127.619
Sales (2yr)
19
Avg Days on Market
38.36842105263158

Last sale: Sep 9, 2026

Condo Fees

Avg Monthly Fee
$594.041
Median Fee
$578.295
Avg $/SqFt
$0.675
Units w/ Fee Data
18
Fee IncludesHeat, Water

Building Features

ExteriorVinyl Siding
AmenitiesElevator, underground parking, secured parking, visitor parking
Building TypeLow-rise apartment
Floors4 storeys
Year Built2001

Policies

Pet PolicyRestrictions apply

Known Issues & Notes

Known Issues (news/court)

[lawsuit_or_court - developer / warranty] A condominium corporation sued the builder and others over alleged structural construction defects at Riverwalk Villas, and a private new home warranty provider (ANHWP) applied to be added as a defendant and to stay a related arbitration; the Court dismissed both requests, finding ANHWP's subrogation and contribution/indemnity claims had not yet arisen since it had made no payment or admitted liability, and that the arbitration and the negligence action could reasonably proceed separately. (2009-11-12)

Source

Repairs/Projects

Building has undergone recent renovations; owners satisfied with results.

About This Building

River Walk Villas at 38 Riedel Street in Downtown Fort McMurray is a 4-storey low-rise apartment building constructed in 2001. The complex features 18 units, predominantly 2-bedroom, 2-bathroom layouts with modern open-concept design. Recent sales have averaged around $112,000, with monthly condo fees averaging roughly $594. Most units include in-suite laundry, heated underground parking, and river views. The building offers elevator access, secured underground parking, and visitor parking facilities. The building has recently undergone renovations to the satisfaction of owners. Before purchasing, prospective buyers should have reserve fund studies, financial statements, board minutes, bylaws, and insurance documents professionally reviewed to understand the building's financial health and governance.

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