Garneau, Edmonton · MLS® E4511960
554
1,292 sq ft · 405 m² lot · House · Single Family · built 1959 · 18 days on market
listed by Patti Proctor, Real Broker
5 LEGAL SUITES! RE-DEVELOPMENT AND INVESTMENT Opportunity across the street from the UNIVERSITY OF ALBERTA CAMPUS. Zone RL h65 for Large Scale Residential. Next to Claridge House Condominium, this is a rare opportunity to secure an investment property that should be fully rented at all times. Currently 5 suites but redevelopment for 4 storey. Coin laundry in the basement.
20% down at 4.34% fixed (Ratehub.ca), 25 years.
Catchment schools, Edmonton Public Schools
24571.2 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
24570.9 km away · 11330 - 76 Avenue NW, Edmonton · (780) 435-4163 · website
24569.9 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · 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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Rapid transit: University LRT station, 500 m (about 8 min walk); Health Sciences/Jubilee LRT station, 700 m (about 11 min walk).
$518,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $518,000 |
| 2025 | $501,000 |
| 2024 | $432,500 |
| 2023 | $456,500 |
| 2022 | $454,000 |
| 2021 | $446,500 |
| 2020 | $485,000 |
| 2019 | $501,500 |
From City of Edmonton open data (property assessments), matched to 11015 87 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $5,368 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.
Rapid transit: University LRT station, 500 m (about 8 min walk); Health Sciences/Jubilee LRT station, 700 m (about 11 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 51 places to eat or drink, 13 cafes, 14 parks and playgrounds, 2 schools, 5 pharmacies, 40 transit stops.
mihom score from OpenStreetMap places, by straight line distance.