Condo
$65,500
304B, 5611 9 Avenue
Edson346 days on market
listed by ROYAL LEPAGE EDSON REAL ESTATE
MLS® A2269617
#110B, 5611 9 Avenue
$71,900
#110B, 5611 9 Avenue
Edson · MLS® A2341113
211
768 sq ft · Condo · Single Family · built 1978 · 56 days on market
listed by RHODA HAUK, CENTURY 21 TWIN REALTY
realtor's description
A rare opportunity to own a main floor 2 bedroom condo with excellent potential! Enjoy easy accessibility with just one step into the building, plus convenient access from the partially covered outdoor patio. In-suite laundry, with additional Coinamatic laundry conveniently located down the hall. The unit also comes with one designated powered outdoor parking stall located near the building entrance. On-site management, and the option to hire the professional management company for investors. A great choice for a first time owner, investor, or someone looking to downsize. Affordable, accessible, and ready for you to make your own!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 768 sq ft
- parking
- 1
- year built
- 1978
- property tax
- $650 / yr
- strata fee
- $480 / mo ($0.63 / sq ft)
- strata rules
- Pets not Allowed
- days on market
- 56
- MLS®
- A2341113
features
- Parking
- Golf Course Development
- Pets not Allowed
- Lake Privileges
- Washer
- Refrigerator
monthly cost
$847/mo
Mortgage $313 · Tax $54 · Strata $480
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,660/mo
- after all costs
- $645/mo
- cap rate
- 16.0%
- yearly net rent ÷ price
Costs: mortgage $313 · tax $54 · strata $480 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Alberta: CMHC's average there ($1,670) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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
EdsonGoogle Maps ↗
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