Condo
$320,000
#106 160 Magrath Rd NW
Magrath Heights, Edmonton7 days on market
listed by Mozaic Realty Group
MLS® E4513438
#102 7459 May Common NW
$403,300
#102 7459 May Common NW
Magrath Heights, Edmonton · MLS® E4513144
221
995 sq ft · Condo · Single Family · built 2025 · 10 days on market
listed by Karim Keshavjee, REMAX River City
realtor's description
Beautiful condo featuring high-end finishes, thoughtful design and quality workmanship. Vinyl plank flooring complements the modern island kitchen with quartz countertops, premium stainless steel appliances, breakfast counter, pull-out waste/recycling drawer and under-cabinet lighting. The spacious living area offers a fireplace and built-in shelving. The large primary bedroom features a walk-through closet with organizer and luxurious ensuite with double sinks, black fixtures and oversized shower. A second bedroom, full bathroom with tub, in-suite laundry and patio completes the space. Enjoy secure underground parking and direct access to MacTaggart Ravine’s walking and cycling trails. Amenities include an owner’s lounge, chef’s kitchen, impressive gym, meeting rooms, craft rooms and guest suite. A social committee organizes fun resident events.Downsizing doesn’t get better than this!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 995 sq ft
- parking
- 1
- year built
- 2025
- strata fee
- $391 / mo ($0.39 / sq ft)
- days on market
- 10
- MLS®
- E4513144
features
- Park/reserve
- Closet Organizers
- No Animal Home
- No Smoking Home
- Environmental reserve
- Washer
monthly cost
$2,148/mo
Mortgage $1,757 · Strata $391
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- −$711/mo
- cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $1,757 · strata $391 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) 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
location
Magrath Heights, EdmontonGoogle Maps ↗
schools
Catchment schools, Edmonton Public Schools
- Elementary K to Gr 9 Nellie Carlsonhomes in this catchment
24559.2 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
- Middle K to Gr 9 Nellie Carlsonhomes in this catchment
24559.2 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
- Secondary Gr 10-12 Lillian Osbornehomes in this catchment
24560.9 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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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