#11 2505 42 ST NW

1 / 33

$255,000

#11 2505 42 ST NW

Bisset, Edmonton · MLS® E4500752

1,001 sq ft · 238 m² lot · Townhouse · Single Family · built 2002 · 91 days on market

listed by . Sukhvir Singh, Exp Realty

realtor's description

CORNER UNIT. This lovely end-unit home is a BUNGALOW, with a FINISHED BASEMENT,Two lovely bedrooms on the main level with a 4-piece bathroom, and a Primary bedroom on the lower level, plus a 4-piece ensuite and spacious family room. The functional, open kitchen is the perfect layout for those who love to cook and entertain, walking pantry, 2 walk in closets, sump pump in basement. The grass is greener when you don't have to cut it! This condo also offers a charming outdoor patio, Dog park on property, Don't miss out on the chance to call this home yours. You want maintenance free living

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,001 sq ft
lot: 238 m²
parking: 0
year built: 2002
strata fee: $382 / mo ($0.38 / sq ft)
days on market: 91
MLS®: E4500752

features

Closet Organizers
Washer
Refrigerator
Dishwasher
Stove
Dryer

monthly cost

$1,493/mo

Mortgage $1,111 · Strata $382

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

estimated payment

$1,111/ monthly

loan $204,000

25-year amortization

down payment20% · $51,00020%+ 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: $129,303
land title fees: $560; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $51,560; down + land title fees
total paid: $333,303

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: $1,880/mo
after all costs: $61/mo
cap rate: 5.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,111 · strata $382 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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

location

Bisset, EdmontonGoogle Maps ↗

Rapid transit: Mill Woods LRT station, 1.6 km (about 25 min walk); Grey Nuns LRT station, 2 km (about 31 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Bissethomes in this catchment
24547.6 km away · 3020 - 37 Street NW, Edmonton · (780) 450-6536 · website
Middle Gr 7-9 Kate Chegwinhomes in this catchment
24548.2 km away · 3119 - 48 Street NW, Edmonton · (780) 469-0470 · website
Secondary Gr 10-12 W P Wagnerhomes in this catchment
24551.7 km away · 6310 Wagner Road NW, Edmonton · (780) 469-1315 · 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.