#109 2207 44 AV NW

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$174,900

#109 2207 44 AV NW

Larkspur, Edmonton · MLS® E4509805

643 sq ft · Condo · Single Family · built 2014 · 32 days on market

listed by Annie Rohoman, Royal Lepage Arteam Realty

realtor's description

Fantastic 1 bedroom main floor unit with private back patio, featuring modern open concept, in suite laundry, Granite counter tops in kitchen and bathroom, spacious kitchen and living, situated walking distance to great shopping, restaurants and amenities. This unit also features a heated underground parking stall and storage cage and the building does have a gym. This property must be seen to be appreciated!

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 643 sq ft
parking: 0
year built: 2014
strata fee: $494 / mo ($0.77 / sq ft)
days on market: 32
MLS®: E4509805

features

Flat site
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$157,000

2026 assessment · market value as of July 1, 2025

Up 2.3% from $153,500 in 2025
$181,000 in 2016 (-13% over ten years)
Asking price is 11% above the assessment
Built 2014
Lot 53 m² (569 sq ft)
Floor area on the roll 650 sq ft

roll year	assessed
2026	$157,000
2025	$153,500
2024	$138,500
2023	$141,000
2022	$145,000
2021	$146,000
2020	$150,500
2019	$159,000

From City of Edmonton open data (property assessments), matched to #109 2207 44 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,627 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.

monthly cost

$1,256/mo

Mortgage $762 · Strata $494

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

estimated payment

$762/ monthly

loan $139,920

25-year amortization

down payment20% · $34,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $88,687
land title fees: $415; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $35,395; down + land title fees
total paid: $228,607

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: −$95/mo
cap rate: 4.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $762 · strata $494 · 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