Cromdale, Edmonton · MLS® E4505556
111
703 sq ft · Condo · Single Family · built 1980 · 60 days on market
listed by Nathan Lorenz, Real Broker
Welcome to this renovated 1 bedroom condo in Virginia Park just mins from Concordia University, walking trails, and many amenities! Stepping inside this unit you open up to the living room and dining room which brings in plenty of natural light. Plus access to your private south-facing balcony! The kitchen has been completely renovated including newer S/S appliances and a DISHWASHER! Down the hall is one large bedroom, a renovated 4 pc bathroom, and complete with a dedicated laundry room with a washer and dryer! Lots of improvements made from new flooring, new paint, appliances and both new kitchen and bathroom. With low condo fees of $427/mo that includes water & heat, this is perfect for a first-time home buyer, investor, or a student!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $435 · strata $427 · 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
Catchment schools, Edmonton Public Schools
24573.5 km away · 7324 - 109 AVENUE, Edmonton · (780) 477-8152 · website
24573.6 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
24573.8 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · website
From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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Rapid transit: Stadium LRT station, 500 m (about 8 min walk); Coliseum LRT station, 1.1 km (about 18 min walk).
$105,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $105,500 |
| 2025 | $103,500 |
| 2024 | $94,000 |
| 2023 | $93,500 |
| 2022 | $94,500 |
| 2021 | $89,000 |
| 2020 | $94,000 |
| 2019 | $103,000 |
From City of Edmonton open data (property assessments), matched to #101 7915 112 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,093 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.
Rapid transit: Stadium LRT station, 500 m (about 8 min walk); Coliseum LRT station, 1.1 km (about 18 min walk).
Walkability 85/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 6 places to eat or drink, 1 cafe, 13 parks and playgrounds, 1 pharmacy, 29 transit stops.
mihom score from OpenStreetMap places, by straight line distance.