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St Albert Mortgages

St. Albert is located northwest of Edmonton and is considered an affluent suburb, in fact it has been rated in the top 5 "Most Wealthy Cities in Canada" for the past 8 years. For those who don't want the feel of living right in the Capital, St. Albert is the perfect option for those wanting the small town lifestyle with the big city amenities.

According to Statistics Canada 2001 Census, St. Albert had a population of 53,081, making it Alberta's fifth largest city. The growth rate from 1998 to 2003 was 10.8%. There were a total of 19,037 private dwellings in the city, with a total land area of 34.61 kmē (13.36 square miles). This was followed up in the 2006 census, with a population of 57,719 living in 20,938 dwellings, an 8.7% increase from 2001. St. Albert continues to be a very popular location for those moving to the Edmonton area.

Statistics

Schools

St. Albert has both a Catholic school district (the public system), and a Protestant school district (which is separate), this is the opposite of all other areas of Alberta.

  • Greater St. Albert Catholic Schools: 17 schools and over 7500 students
  • St. Albert Protestant Schools: over 6000 students

NAIT (Northern Alberta Institute of Technology) also has a St. Albert campus for post secondary education.

Climate

St. Albert enjoys four distinct seasons. Winter is characterized by clear skies, low humidity and mild winds. On a typical January day the average daytime temperature is -11 degrees, with approximately 27 cm of snow. Summers are usually warm, with daytime temperatures averaging 22 degrees.

Incomes

St. Albert's median family income of $87,300 is second highest of all Alberta cities behind only Fort McMurray. It is over 50% higher than the national average and almost 40% above the provincial average.

What our St. Albert mortgage brokers are saying:

St. Albert is another one of those pricey suburbs that seem to out pace the main center. It has been a great city for those tied to the housing market like our mortgage brokers, and it looks to continue to be a great market. Our clients make good money and the ones who owned previously have done very well in the market. Its tougher for first time buyers but this recent drop may bring more clients back into the market who weren't able to get in last time.

Mortgage Brokers

Call one of our St Albert Mortgage Brokers today, or apply online for a Free Pre-Approval today.

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Current
Mortgage Rates
Term   BEST RATES
Variable   2.05
1 Year   2.60
2 Year   3.10
3 Year   3.49
4 Year   3.89
Hybrid   2.87
5 Year   3.99
10 Year   5.49
Zero Down   5.79

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