#106 160 Magrath Rd NW

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$320,000

#106 160 Magrath Rd NW

Magrath Heights, Edmonton · MLS® E4513438

222

1,186 sq ft · Condo · Single Family · built 2005 · 7 days on market

listed by Vida Guan, Mozaic Realty Group

realtor's description

You will love this spacious main floor unit in prestigious Magrath Mansion with durable concrete and steel construction. Offering almost 1,200 sq. ft., this bright adult-living condo features 2 bdrms, 2 full baths, a den, and in-suite laundry. Fresh paint, new luxury vinyl plank flooring, and 9-ft ceilings create a bright, modern feel throughout. The open kitchen offers ample cabinetry, a new stove, and flows into the dining area and spacious living room with direct access to the private ground-level patio. The oversized primary bdrm has a walk-in closet, 5-piece ensuite, and its own patio access. The 2nd bdrm is privately located, while the den is ideal for a home office or reading room. 2 titled U/G parkings and 2 storage cages. Enjoy outstanding amenities including a fitness centre, steam room, hot tub, theatre room, social lounge with fireplace, library, games room, and car wash bay with vacuum. It does NOT face 23 AVE. It’s located in a quieter, more private area with green space in front.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,186 sq ft
parking: 2
year built: 2005
strata fee: $796 / mo ($0.67 / sq ft)
days on market: 7
MLS®: E4513438

features

Public Swimming Pool
Washer
Refrigerator
Dishwasher
Stove
Dryer

monthly cost

$2,190/mo

Mortgage $1,394 · Strata $796

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

estimated payment

$1,394/ monthly

loan $256,000

25-year amortization

down payment20% · $64,00020%+ 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: $162,263
land title fees: $680; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $64,680; down + land title fees
total paid: $418,263

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: −$753/mo
cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,394 · strata $796 · 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
24560.7 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
Middle K to Gr 9 Nellie Carlsonhomes in this catchment
24560.7 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
Secondary Gr 10-12 Lillian Osbornehomes in this catchment
24562.4 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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