10948 108 ST NW

Central Mcdougall, Edmonton · MLS® E4508328

1,165 sq ft · 697 m² lot · House · Single Family · built 1945 · 43 days on market

listed by Aleks Radojcic, REMAX River City

realtor's description

Rare opportunity for Investors. Great development opportunity as lot is 50 x150 feet, in Central McDougall. Very close to downtown, across from a school, close to Kingsway Mall, Royal Alex hospital as well as Victoria High School.

property details

type: House, Single Family
bedrooms: 4
bathrooms: 1
living area: 1,165 sq ft
lot: 697 m²
parking: 0
year built: 1945
days on market: 43
MLS®: E4508328

features

Flat site
Lane

city assessment

$396,000

2026 assessment · market value as of July 1, 2025

Up 7.8% from $367,500 in 2025
$231,500 in 2016 (71% over ten years)
Asking price is 3% below the assessment
Built 1945
Lot 697 m² (7,499 sq ft)
Floor area on the roll 1,671 sq ft

roll year	assessed
2026	$396,000
2025	$367,500
2024	$317,500
2023	$336,500
2022	$227,500
2021	$251,000
2020	$247,500
2019	$258,000

From City of Edmonton open data (property assessments), matched to 10948 108 STREET 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 $4,104 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

$1,677/mo

Mortgage $1,677

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,677/ monthly

loan $308,000

25-year amortization

down payment20% · $77,00020%+ 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: $195,222
land title fees: $795; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $77,795; down + land title fees
total paid: $503,222

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.