#108 7805 159 ST NW

rent

$1,600/mo

after all costs

$66/mo

cap rate

5.8%

yearly net rent ÷ price

Costs: mortgage $654 · strata $577 · insurance ~$175 · 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

• Up 26.7% from $116,000 in 2025
• $155,000 in 2016 (-5% over ten years)
• Asking price is 2% above the assessment
• Built 1971
• Lot 156 m² (1,679 sq ft)
• Floor area on the roll 1,023 sq ft

From City of Edmonton open data (property assessments), matched to #108 7805 159 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

about $1,523 a year

The 2026 assessment 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.