#107 15105 121 ST NW
$112,500
#107 15105 121 ST NW
Caernarvon, Edmonton · MLS® E4513517
11
721 sq ft · Condo · Single Family · built 1976 · 5 days on market
listed by Glen Good, RE/MAX Real Estate
realtor's description
Ideal for first-time buyers or investors seeking positive cash flow, this well-maintained 1-bedroom, 1-bathroom condo is nestled in an established neighbourhood. The unit offers a functional layout featuring a spacious living room, a bright kitchen, and a full four-piece bath. Backing directly onto green space, the building combines peaceful park views with convenient access to nearby shopping and transit routes.
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 721 sq ft
- parking
- 0
- year built
- 1976
- strata fee
- $387 / mo ($0.54 / sq ft)
- days on market
- 5
- MLS®
- E4513517
features
- See remarks
- Refrigerator
- Stove
monthly cost
$877/mo
Mortgage $490 · Strata $387
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,300/mo
- after all costs
- $284/mo
- cap rate
- 8.3%
- yearly net rent ÷ price
Costs: mortgage $490 · strata $387 · 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