#106 10735 81 AV NW

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$159,900

#106 10735 81 AV NW

Queen Alexandra, Edmonton · MLS® E4507344

960 sq ft · Condo · Single Family · built 1970 · 49 days on market

listed by Mina Gayed, Real Broker

realtor's description

Immaculate, renovated ground-floor unit in Queen Alexandra! This spacious 960 sq.ft. home features 2 large bedrooms, 1 bathroom and 1 assigned parking stall. Recently updated with fresh paint, new luxury vinyl plank flooring, new baseboards, new fridge and a beautifully renovated bathroom with new tile, vanity & toilet. The bright, open kitchen offers ample cabinetry and counter space, complemented by a spacious living room and the two well-sized bedrooms positioned on opposite side of the unit for added privacy. Excellent storage includes a full-size pantry, linen closet & broom closet. Ideally located just off Whyte Ave, within walking distance to shopping, restaurants, transit and everyday amenities, with quick access to the U of A and downtown. An excellent opportunity for homeowners or investors - highly desirable for renters and students! Fees include heat, water, disposal, management and exterior maintenance.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 960 sq ft
parking: 0
year built: 1970
strata fee: $549 / mo ($0.57 / sq ft)
days on market: 49
MLS®: E4507344

features

Flat site
Lane
Refrigerator
Dishwasher
Stove
Microwave Range Hood Combo

monthly cost

$1,245/mo

Mortgage $697 · Strata $549

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

estimated payment

$697/ monthly

loan $127,920

25-year amortization

down payment20% · $31,98020%+ 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: $81,081
land title fees: $390; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $32,370; down + land title fees
total paid: $209,001

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: $192/mo
cap rate: 6.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $697 · strata $549 · 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

Queen Alexandra, EdmontonGoogle Maps ↗

Rapid transit: Health Sciences/Jubilee LRT station, 1.2 km (about 19 min walk); McKernan/Belgravia LRT station, 1.3 km (about 20 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Garneauhomes in this catchment
24569.9 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
Middle Allendale / McKernanhomes in this catchment
Secondary Gr 10-12 Strathconahomes in this catchment
24568.6 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · 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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