#110 10511 42 AV NW

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$139,000

#110 10511 42 AV NW

Rideau Park (Edmonton), Edmonton · MLS® E4513280

111

710 sq ft · Condo · Single Family · built 1998 · 8 days on market

listed by Vida Guan, Mozaic Realty Group

realtor's description

No age restriction building - for all age. FIRST-TIME HOMEBUYERS & INVESTORS – DON’T MISS THIS! • Healthy reserve fund & 10–30 years of remaining life on major components (exterior/interior + U/G parkade) • Upgrades: New Refrigerator, New Moen kitchen faucet, modern shower head, sleek tile flooring • Spacious 1-Bedroom Layout w/ green view: Full bathroom, in-suite laundry, and extra storage room. Cozy gas fireplace in active working condition for winter warmth. • The unit is well-spaced from the neighbours. Exceptionally quiet w/ zero noise disturbance - offers an outstanding living experience. Private balcony (gas BBQ hookup included) with green views—perfect for summer relaxation. • Prime Location – Steps to Southgate Mall, LRT (direct to U of A), all levels of schools, and EPL library. • Building amenities: Fitness center, party/social room, wheelchair access, and visitor parking. • Ideal for first-time buyers or investors seeking a low-maintenance, well-located property with strong rental potential!

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 710 sq ft
parking: 1
year built: 1998
strata fee: $512 / mo ($0.72 / sq ft)
days on market: 8
MLS®: E4513280

buying in a building from 1982 to 2000: what to read first

features

See remarks
Flat site
No Animal Home
No Smoking Home
Public Swimming Pool
Washer

monthly cost

$1,118/mo

Mortgage $606 · Strata $512

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

estimated payment

$606/ monthly

loan $111,200

25-year amortization

down payment20% · $27,80020%+ 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: $70,483
land title fees: $355; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $28,155; down + land title fees
total paid: $181,683

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: $43/mo
cap rate: 5.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $606 · strata $512 · 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

location

Rideau Park (Edmonton), EdmontonGoogle Maps ↗

Rapid transit: Southgate LRT station, 1.3 km (about 20 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Rideau Parkhomes in this catchment
24561.2 km away · 10605 - 42 Avenue NW, Edmonton · (780) 437-0010 · website
Middle Gr 7-9 D S MacKenziehomes in this catchment
24561.0 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · website
Secondary Gr 10-12 Harry Ainlayhomes in this catchment
24561.6 km away · 4350 - 111 Street NW, Edmonton · (780) 413-2700 · 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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