#104 11445 41 AV NW

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$115,000

#104 11445 41 AV NW

Royal Gardens (Edmonton), Edmonton · MLS® E4501935

671 sq ft · Condo · Single Family · built 1970 · 82 days on market

listed by Kuljeet Dhaliwal, Royal Lepage Arteam Realty

realtor's description

Welcome to this charming one-bedroom condo in the highly sought-after community of Royal Gardens, one of Southwest Edmonton's most desirable neighborhoods. This location offers everything you need for comfortable, convenient living, including excellent schools from elementary through high school, French Immersion programs, shopping, restaurants, coffee shops, golf courses, major transportation routes, Snow Valley Ski Club for winter recreation, scenic walking trails, and a wide range of sports and recreation facilities. Lovingly maintained and well-kept condo is move-in ready and includes one assigned parking stall. Pets are welcome with board approval. Enjoy the added convenience of a fitness room and a spacious storage room located just steps from the unit. Whether you're a first-time homebuyer looking to build equity or an investor seeking a great opportunity in a prime location, this condo offers exceptional value and lifestyle.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 671 sq ft
parking: 0
year built: 1970
strata fee: $413 / mo ($0.62 / sq ft)
days on market: 82
MLS®: E4501935

features

Ravine
No Animal Home
No Smoking Home
Washer
Refrigerator
Stove

city assessment

$101,000

2026 assessment · market value as of July 1, 2025

Up 6.3% from $95,000 in 2025
$133,000 in 2016 (-24% over ten years)
Asking price is 14% above the assessment
Built 1970
Lot 40 m² (427 sq ft)
Floor area on the roll 624 sq ft

roll year	assessed
2026	$101,000
2025	$95,000
2024	$89,500
2023	$93,500
2022	$95,500
2021	$101,500
2020	$103,500
2019	$110,500

From City of Edmonton open data (property assessments), matched to #104 11445 41 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 $1,047 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

$914/mo

Mortgage $501 · Strata $413

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

estimated payment

$501/ monthly

loan $92,000

25-year amortization

down payment20% · $23,00020%+ 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: $58,313
land title fees: $310; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $23,310; down + land title fees
total paid: $150,313

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: $247/mo
cap rate: 7.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $501 · strata $413 · 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