11440 71 AV NW

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$649,900

11440 71 AV NW

Belgravia, Edmonton · MLS® E4499280

589 m² lot · Land · Vacant Land · 100 days on market

listed by Alan Gee, RE/MAX Excellence

realtor's description

LOCATION LOCATION. Terrific location close to the University of Alberta and the U of A Hospital. Easy access to Downtown with the LRT station just blocks away. Also close by is the vibrancy of Whyte Ave & all of its shops & restaurants. South Campus is a stones throw away. Belgravia is an ideal location for those who love running/cycling as the ravine and River Valley are close by. An extremely versatile vacant lot (50x125) with lots of potential. Whether you are looking to build your custom dream home, subdivide for the purpose of building 2 new infill homes, or develop a duplex or a multi-unit property, this prime lot can be utilized as a variety of new-build opportunities. The huge bonus is the home has been removed saving big costs (City costs have escalated substantially) for demolition and asbestos remediation.

property details

type: Land, Vacant Land
lot: 589 m²
parking: 0
days on market: 100
MLS®: E4499280

features

Paved lane

city assessment

$524,500

2026 assessment · market value as of July 1, 2025

Up 7.3% from $489,000 in 2025
$378,500 in 2016 (39% over ten years)
Asking price is 24% above the assessment
Lot 589 m² (6,337 sq ft)

roll year	assessed
2026	$524,500
2025	$489,000
2024	$482,000
2023	$525,500
2022	$524,500
2021	$446,000
2020	$438,500
2019	$429,500

From City of Edmonton open data (property assessments), matched to 11440 71 AVENUE 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 $5,435 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

$2,832/mo

Mortgage $2,832

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

estimated payment

$2,832/ monthly

loan $519,920

25-year amortization

down payment20% · $129,98020%+ 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: $329,546
land title fees: $1,270; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $131,250; down + land title fees
total paid: $849,466

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

location

Belgravia, EdmontonGoogle Maps ↗

Rapid transit: South Campus/Fort Edmonton Park LRT station, 500 m (about 9 min walk); McKernan/Belgravia LRT station, 600 m (about 9 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Belgraviahomes in this catchment
24569.6 km away · 11605 - 74 Avenue NW, Edmonton · (780) 435-5560 · website
Middle K to Gr 9 McKernanhomes in this catchment
24569.6 km away · 11330 - 76 Avenue NW, Edmonton · (780) 435-4163 · website
Secondary Gr 10-12 Strathconahomes in this catchment
24568.6 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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