#107 7909 71 ST NW

1 / 40

$249,900

#107 7909 71 ST NW

King Edward Park, Edmonton · MLS® E4508866

222

1,263 sq ft · Condo · Single Family · built 2008 · 39 days on market

listed by John Fraser, MaxWell Challenge Realty

realtor's description

Large, Bright Main floor unit in Urban Village offers Patio, AC, 2 Titled Underground Heated Parking stalls (1 with storage cage), 2 bed 2 full bathrooms, fireplace & office / den. Newer laminate flooring throughout the open concept large Kitchen, Dining & Living room areas that flow perfectly for an enjoyable lifestyle & entertaining. His-Hers walk-thru closet to the master ensuite & large in-suite storage-laundry room complete the space. Urban Village offers awesome amenities: pool, wrap-around patio, hot tub, sauna, gym, library, party room / banquet facilities with fireplace, TV's & even a guest suite! Pride of ownership is evident throughout this home & complex. From April 2013 - July 2015, the property underwent a full building envelope rehabilitation. This included roof repairs/replacements, new siding, doors, windows, balcony membranes, balcony columns and more.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,263 sq ft
parking: 2
year built: 2008
strata fee: $746 / mo ($0.59 / sq ft)
days on market: 39
MLS®: E4508866

features

See remarks
Flat site
Public Swimming Pool
Refrigerator
Dishwasher
Stove

monthly cost

$1,835/mo

Mortgage $1,089 · Strata $746

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

estimated payment

$1,089/ monthly

loan $199,920

25-year amortization

down payment20% · $49,98020%+ 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: $126,717
land title fees: $550; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $50,530; down + land title fees
total paid: $326,637

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: −$398/mo
cap rate: 3.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,089 · strata $746 · 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

King Edward Park, EdmontonGoogle Maps ↗

Rapid transit: Bonnie Doon LRT station, 1.4 km (about 21 min walk); Avonmore LRT station, 1.4 km (about 22 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Avonmorehomes in this catchment
24562.4 km away · 7835 - 76 Avenue NW, Edmonton · (780) 466-2976 · website
Middle Gr 7-9 Kenilworthhomes in this catchment
24562.8 km away · 7005 - 89 Avenue NW, Edmonton · (780) 466-2104 · website
Secondary Gr 10-12 McNallyhomes in this catchment
24565.0 km away · 8440 - 105 Avenue NW, Edmonton · (780) 469-0442 · 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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