#107 4903 47 AV

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$151,000

#107 4903 47 AV

Old Town_STPL, Stony Plain · MLS® E4476578

864 sq ft · Condo · Single Family · built 2008 · 230 days on market

listed by Jeff Lorenz, MaxWell Devonshire Realty

realtor's description

Nestled in a quiet area of Stony Plain, this bright and spacious 2-bedroom, 2-bathroom condo is move-in ready. The open floor plan features a well-appointed kitchen with plenty of cupboard and counter space, complete with all major appliances and convenient in-suite laundry. New Carpet flooring runs throughout the living areas, with easy-care linoleum in the bathrooms. Titled underground parking is included for your convenience. Ideally located close to schools, shopping, and all amenities, this unit offers both comfort and accessibility.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 864 sq ft
parking: 0
year built: 2008
strata fee: $543 / mo ($0.63 / sq ft)
days on market: 230
MLS®: E4476578

features

Private setting
Flat site
Refrigerator
Dishwasher
Stove
Hood Fan

property tax

about $1,424 a year

The asking price times Stony Plain's 2026 residential rate of 9.43 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,201/mo

Mortgage $658 · Strata $543

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

estimated payment

$658/ monthly

loan $120,800

25-year amortization

down payment20% · $30,20020%+ 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: $76,568
land title fees: $380; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $30,580; down + land title fees
total paid: $197,368

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: $236/mo
cap rate: 7.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $658 · strata $543 · 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