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$160,900

#111 226 Macewan Road SW

Macewan, Edmonton · MLS® E4506275

111

650 sq ft · Condo · Single Family · built 2005 · 55 days on market

listed by Keri Harstad, MaxWell Devonshire Realty

realtor's description

Picture your Tuesday morning: coffee in hand, stepping onto your private balcony as the sun rises through the privacy of the trees outside your unit. This main floor condo in Macewan Gardens lives bigger than its square footage suggests, with 9' ceilings that flood the space with south facing light. Your bedroom features hardwood floors and a convenient walk-through closet connecting directly to the bathroom (no more morning hallway shuffle). The kitchen's GRANITE counters will see plenty of meal prep, and IN-SUITE LAUNDRY means no more elevator rides with your hamper. UNDERGROUND PARKING keeps your car happy year-round, while the building's GYM takes the should I work out? debate off the table. ALL UTILITIES and amenities are bundled into your condo fees, simplifying budgets and life admin. The bus stops right outside when you need it, shops and services are minutes away, and that neighboring park? It's your backyard now. PETS WELCOME. Ready to move in and start your next chapter.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 650 sq ft
parking: 1
year built: 2005
strata fee: $477 / mo ($0.73 / sq ft)
days on market: 55
MLS®: E4506275

features

No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher
Stove

monthly cost

$1,179/mo

Mortgage $701 · Strata $477

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

estimated payment

$701/ monthly

loan $128,720

25-year amortization

down payment20% · $32,18020%+ 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: $81,588
land title fees: $395; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $32,575; down + land title fees
total paid: $210,308

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: −$18/mo
cap rate: 5.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $701 · strata $477 · 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

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Roberta MacAdamshomes in this catchment
24552.7 km away · 2099 Blackmud Creek Drive SW, Edmonton · (587) 489-4700 · website
Middle Gr 7-9 D S MacKenziehomes in this catchment
24555.9 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · website
Secondary Gr 10-12 Dr Anne Andersonhomes in this catchment
3.1 km away · 11810 35 Avenue SW, Edmonton

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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