#108 2624 Mill Woods Rd E NW

#108 2624 Mill Woods Rd E NW — photo 3 of 13

#108 2624 Mill Woods Rd E NW — photo 4 of 13

#108 2624 Mill Woods Rd E NW — photo 5 of 13

#108 2624 Mill Woods Rd E NW — photo 6 of 13

#108 2624 Mill Woods Rd E NW — photo 7 of 13

#108 2624 Mill Woods Rd E NW — photo 8 of 13

#108 2624 Mill Woods Rd E NW — photo 9 of 13

#108 2624 Mill Woods Rd E NW — photo 10 of 13

#108 2624 Mill Woods Rd E NW — photo 11 of 13

#108 2624 Mill Woods Rd E NW — photo 12 of 13

#108 2624 Mill Woods Rd E NW — photo 13 of 13

1 / 13

$120,000

#108 2624 Mill Woods Rd E NW

Weinlos, Edmonton · MLS® E4510017

624 sq ft · Condo · Single Family · built 1981 · 31 days on market

listed by Amritpal Singh, Exp Realty

realtor's description

Welcome to this well-maintained ground-floor 1-bedroom apartment in Weinlos, located right beside the Mill Woods Gurdwara. The kitchen and flooring were updated a few years ago, offering a refreshed and comfortable living space. Enjoy the convenience of your own private balcony and an assigned parking stall. Public transportation is nearby, with easy access to shopping, schools, parks, and other everyday amenities. A great opportunity for first-time buyers, investors, or anyone looking for convenient ground-floor living in a well-connected location.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 624 sq ft
parking: 0
year built: 1981
strata fee: $381 / mo ($0.61 / sq ft)
days on market: 31
MLS®: E4510017

features

Refrigerator
Dishwasher
Stove
Hood Fan

property tax

about $1,244 a year

The asking price times Edmonton's 2026 residential rate of 10.36 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

$903/mo

Mortgage $523 · Strata $381

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

estimated payment

$523/ monthly

loan $96,000

25-year amortization

down payment20% · $24,00020%+ 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: $60,849
land title fees: $320; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $24,320; down + land title fees
total paid: $156,849

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: $258/mo
cap rate: 7.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $523 · strata $381 · 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