#102 11325 109 AV NW

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$84,000

#102 11325 109 AV NW

Queen Mary Park, Edmonton · MLS® E4512054

543 sq ft · Condo · Single Family · built 1980 · 18 days on market

listed by Sheryl Stephens, RE/MAX Real Estate

realtor's description

Ditch the clutter and embrace the ultimate minimalist lifestyle! This stylish, sun-drenched Queen Mary Park condo is the perfect urban launchpad. Say goodbye to wasted square footage—the smart open layout features a sleek, built-in Murphy bed that maximizes your living space by day and offers cozy comfort by night. Whip up quick meals in the modern kitchen featuring glossy white cabinets, tile floors, and a ceramic-top stove. (All appliances on a few years old.) Start your day in the beautifully renovated 3-piece bath with its gorgeous tiled shower. Low condo fees are just $341/mo, and with a recently updated roof, windows, and patios, you get total peace of mind. Bonus perks: in-suite laundry, fresh paint, trendy laminate flooring, and a dedicated parking stall. Best of all? You’re steps away from MacEwan University, NorQuest, Rogers Place, and the absolute best of downtown’s dining and nightlife. Clean, chic, and completely move-in ready.

property details

type: Condo, Single Family
bathrooms: 1
living area: 543 sq ft
parking: 1
year built: 1980
strata fee: $341 / mo ($0.63 / sq ft)
days on market: 18
MLS®: E4512054

features

Flat site
Lane
No Smoking Home
Refrigerator
Dishwasher
Stove

city assessment

$79,000

2026 assessment · market value as of July 1, 2025

Up 3.9% from $76,000 in 2025
$105,500 in 2016 (-25% over ten years)
Asking price is 6% above the assessment
Built 1980
Lot 67 m² (720 sq ft)
Floor area on the roll 592 sq ft

roll year	assessed
2026	$79,000
2025	$76,000
2024	$67,500
2023	$73,500
2022	$75,500
2021	$82,500
2020	$79,500
2019	$86,000

From City of Edmonton open data (property assessments), matched to #102 11325 109 AVENUE 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 $819 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

$707/mo

Mortgage $366 · Strata $341

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

estimated payment

$366/ monthly

loan $67,200

25-year amortization

down payment20% · $16,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $42,594
land title fees: $255; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $17,055; down + land title fees
total paid: $109,794

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: $1,110/mo
after all costs: $279/mo
cap rate: 9.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $366 · strata $341 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a studio in Edmonton: CMHC's average there ($1,108) lowered 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