11323 97 ST NW

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$250,000

11323 97 ST NW

Alberta Avenue, Edmonton · MLS® E4507418

322

995 sq ft · 368 m² lot · House · Single Family · built 1927 · 48 days on market

listed by Wendy Lam, RE/MAX Elite

realtor's description

Great opportunity for investors, renovators or those looking for redevelopment potential. Situated on a large lot with convenient access to transit, shopping, schools, Downtown & other major amenities. The main floor features a large living area, 2 bedrooms & a 4 pc bathroom. The basement offers a third bedroom & a den, providing additional living space. The property requires TLC and offers potential for renovation or future redevelopment, subject to applicable zoning & municipal requirements. Large yard & back lane access to a newer oversized double garage. Property is being sold AS IS, WHERE IS.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 2
living area: 995 sq ft
lot: 368 m²
parking: 2
year built: 1927
days on market: 48
MLS®: E4507418

features

See remarks
Lane
Washer
Refrigerator
Stove
Dryer

city assessment

$255,000

2026 assessment · market value as of July 1, 2025

Up 12.1% from $227,500 in 2025
$141,000 in 2016 (81% over ten years)
Asking price is 2% below the assessment
Built 1927
Lot 368 m² (3,959 sq ft)
Floor area on the roll 995 sq ft

roll year	assessed
2026	$255,000
2025	$227,500
2024	$200,000
2023	$221,000
2022	$174,000
2021	$159,500
2020	$163,500
2019	$160,000

From City of Edmonton open data (property assessments), matched to 11323 97 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 $2,643 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

$1,089/mo

Mortgage $1,089

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

estimated payment

$1,089/ monthly

loan $200,000

25-year amortization

down payment20% · $50,00020%+ 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: $126,768
land title fees: $550; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $50,550; down + land title fees
total paid: $326,768

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