#1006 9816 112 ST NW

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$125,000

#1006 9816 112 ST NW

Wîhkwêntôwin, Edmonton · MLS® E4513312

111

689 sq ft · Condo · Single Family · built 1963 · 8 days on market

listed by Kelly Grant, Exp Realty

realtor's description

Downtown living without the downtown price tag! This bright CORNER UNIT in Crestview Tower offers exceptional value at just $125,000! Set in a quiet concrete-and-steel building, this spacious one-bedroom features large windows, hardwood flooring and a functional layout. Best of all, condo fees include ALL UTILITIES, making monthly costs simple and predictable. Walk to the LRT, river valley trails, downtown, government offices, cafés, shopping and nightlife, with quick access across the river to the University of Alberta. Residents enjoy a rooftop patio with spectacular panoramic views of the river valley, Victoria Golf Course and Edmonton skyline. Previously rented for $1,600/month, this is an affordable option for a first-time buyer, student, professional or investor. Exceptional value for downtown living at only $125,000!

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 689 sq ft
parking: 1
year built: 1963
strata fee: $523 / mo ($0.76 / sq ft)
days on market: 8
MLS®: E4513312

features

Ravine
Rolling
Park/reserve
No Animal Home
No Smoking Home
Refrigerator

city assessment

$151,000

2026 assessment · market value as of July 1, 2025

Down 9.6% from $167,000 in 2025
$202,500 in 2016 (-25% over ten years)
Asking price is 17% below the assessment
Built 1963
Lot 32 m² (346 sq ft)
Floor area on the roll 721 sq ft

roll year	assessed
2026	$151,000
2025	$167,000
2024	$177,500
2023	$162,500
2022	$174,000
2021	$185,000
2020	$190,500
2019	$183,000

From City of Edmonton open data (property assessments), matched to #1006 9816 112 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,565 a year

The 2026 assessment times Edmonton's 2026 residential rate of 10.36 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.

monthly cost

$1,068/mo

Mortgage $545 · Strata $523

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

estimated payment

$545/ monthly

loan $100,000

25-year amortization

down payment20% · $25,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $63,384
land title fees: $325; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $25,325; down + land title fees
total paid: $163,384

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: $93/mo
cap rate: 6.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $545 · strata $523 · 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