#104 7805 159 ST NW

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$125,000

#104 7805 159 ST NW

Patricia Heights, Edmonton · MLS® E4502919

221

1,119 sq ft · Condo · Single Family · built 1971 · 77 days on market

listed by Jason Thomas, Royal Lepage Summit Realty

realtor's description

A two story apartment with a fenced yard, just like a townhome! You will not find a better priced home in the upscale Patricia Heights area of Edmonton. Offering a great location in the complex this 2-story apartment is south facing with loads of natural light & comes with a spacious yard. Bring your decorating and upgrading ideas to this over 1100 sqft home that is spacious enough for a family. Parquet floors gleam throughout this unit. The kitchen was updated in the past and there is also a half bathroom on this level. Upstairs there are 2 bedrooms along with 4pc main bathroom plus a storage room. 1 parking stall is included and is perfectly located right outside the main door to the building. Prime location in the desireable neighborhood of Patricia Heights with many conveniences including public transit out front, shopping close by, river and ravine trails, Whitemud Freeway and schools in the area. Excellent unit to update or rent out at a very affordable price with a quick possession available.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,119 sq ft
parking: 1
year built: 1971
strata fee: $577 / mo ($0.52 / sq ft)
days on market: 77
MLS®: E4502919

features

Flat site
Refrigerator
Dishwasher
Stove

monthly cost

$1,122/mo

Mortgage $545 · Strata $577

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 25, 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: $1,600/mo
after all costs: $315/mo
cap rate: 8.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $545 · strata $577 · 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

Patricia Heights, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Patricia Heightshomes in this catchment
24576.6 km away · 16216 - 78 Avenue NW, Edmonton · (780) 487-0550 · website
Middle Gr 7-9 Hillcresthomes in this catchment
24576.8 km away · 16400 - 80 Avenue NW, Edmonton · (780) 489-2516 · website
Secondary Gr 10-12 Jasper Placehomes in this catchment
24577.5 km away · 8950 - 163 Street NW, Edmonton · (780) 408-9000 · 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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