#108 1204 156 ST NW

1 / 32

$146,000

#108 1204 156 ST NW

South Terwillegar, Edmonton · MLS® E4508183

111

609 sq ft · Condo · Single Family · built 2007 · 43 days on market

listed by Naomi Gleadall, Professional Realty Group

realtor's description

Welcome to this bright and well-kept 1 bedroom condo in the desirable Terwillegar area! This unit has brand new vinyl flooring throughout the main living area, with a carpeted bedroom for added comfort. Enjoy the beautiful morning sun and your morning coffee on the covered patio. This unit features a 4-piece bathroom, large storage room and in suite laundry and one assigned heated underground parking stall. The building also offers a fitness centre and social room for residents to enjoy. The location is fantastic, with walking trails and schools nearby, plus easy access to the Anthony Henday, Terwillegar Recreation Centre, and Currents of Windermere with all it's shopping, restaurants, and amenities. This is a great opportunity for a first-time buyer, someone looking to downsize, or an investor. This condo is move-in ready.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 609 sq ft
parking: 1
year built: 2007
strata fee: $376 / mo ($0.62 / sq ft)
days on market: 43
MLS®: E4508183

features

See remarks
Refrigerator
Dishwasher
Stove
Microwave Range Hood Combo
Window Coverings

monthly cost

$1,012/mo

Mortgage $636 · Strata $376

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

estimated payment

$636/ monthly

loan $116,800

25-year amortization

down payment20% · $29,20020%+ 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: $74,032
land title fees: $370; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $29,570; down + land title fees
total paid: $190,832

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: $1,300/mo
after all costs: $149/mo
cap rate: 6.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $636 · strata $376 · 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

location

South Terwillegar, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Lansdownehomes in this catchment
24563.6 km away · 12323 - 51 Avenue NW, Edmonton · (780) 434-3160 · website
Middle Gr 7-9 Avalonhomes in this catchment
24563.3 km away · 5425 - 114 Street NW, Edmonton · (780) 434-8402 · website
Secondary Gr 10-12 Lillian Osbornehomes in this catchment
24562.8 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.