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: 3
bathrooms: 1
living area: 1,045 sq ft
lot: 697 m²
parking: 0
year built: 1945
days on market: 43
MLS®: E4508330

features

Lane

city assessment

$383,000

2026 assessment · market value as of July 1, 2025

Up 8.0% from $354,500 in 2025
$276,000 in 2016 (39% over ten years)
Asking price is 1% above the assessment
Built 1945
Lot 697 m² (7,500 sq ft)
Floor area on the roll 1,557 sq ft

roll year	assessed
2026	$383,000
2025	$354,500
2024	$302,500
2023	$322,500
2022	$217,000
2021	$238,500
2020	$237,500
2019	$257,000

From City of Edmonton open data (property assessments), matched to 10958 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 $3,969 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.

location

Central Mcdougall, EdmontonGoogle Maps ↗

Drive times

St. Joseph High1 min
MacEwan University City Centre Campus2 min
Royal Alexandra Hospital3 min
Norwood Elementary4 min
Downtown Edmonton5 min
YEG airport37 min

Rapid transit: Kingsway/Royal Alex LRT station, 400 m (about 7 min walk); NAIT LRT station, 1.1 km (about 17 min walk).

86

Walkability 86/100 · Very walkable: most errands on foot

Within a 10 minute walk: 19 places to eat or drink, 3 cafes, 12 parks and playgrounds, 4 schools, 1 pharmacy, 40 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

location

Central Mcdougall, EdmontonGoogle Maps ↗

Rapid transit: Kingsway/Royal Alex LRT station, 400 m (about 7 min walk); NAIT LRT station, 1.1 km (about 17 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 John A McDougallhomes in this catchment
24577.0 km away · 10930 - 107 Street NW, Edmonton · (780) 426-0205 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24576.6 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24577.3 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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.

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