11216 70 ST NW

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$269,000

11216 70 ST NW

Bellevue, Edmonton · MLS® E4507937

433 m² lot · Land · Vacant Land · 45 days on market

listed by Sarah Jackson, REMAX River City

realtor's description

A compelling opportunity for investors, builders, or buyers envisioning their next home in Bellevue. Situated on an approximately 432 m² property, this site offers potential for multi-unit infill or the opportunity to create a new home tailored to your vision, subject to applicable zoning, approvals and buyer due diligence. The existing home is being sold for lot value and in AS IS condition, with contents remaining as of the closing date. The property has mould and cat damage, making this a redevelopment-focused offering rather than a conventional home purchase. Bring your plans and explore the possibilities this well-sized site can offer.

property details

type: Land, Vacant Land
bathrooms: 2
lot: 433 m²
parking: 0
days on market: 45
MLS®: E4507937

features

Corner Site
Lane

city assessment

$276,000

2026 assessment · market value as of July 1, 2025

Up 5.1% from $262,500 in 2025
$265,000 in 2016 (4% over ten years)
Asking price is 3% below the assessment
Built 1920
Lot 433 m² (4,660 sq ft)
Floor area on the roll 1,019 sq ft

roll year	assessed
2026	$276,000
2025	$262,500
2024	$267,000
2023	$286,000
2022	$266,000
2021	$258,500
2020	$264,500
2019	$283,000

From City of Edmonton open data (property assessments), matched to 11216 70 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $2,860 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.

monthly cost

$1,172/mo

Mortgage $1,172

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,172/ monthly

loan $215,200

25-year amortization

down payment20% · $53,80020%+ 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: $136,402
land title fees: $590; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $54,390; down + land title fees
total paid: $351,602

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.