#115 10118 106 AV NW

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$199,888

#115 10118 106 AV NW

Central Mcdougall, Edmonton · MLS® E4440360

221

854 sq ft · Condo · Single Family · built 2007 · 507 days on market

listed by Diana Steele, Exp Realty

realtor's description

PRIME INVESTMENT OPPORTUNITY: This income generating property has 2 beds and 2 baths. It is a cozy 854 sq ft unit that is well lit with natural light due to its private corner location. It features A/C, a fireplace, stainless steel appliances, as well as a large wrap-around patio that is excellent for outdoor living and enjoying the city views. Located in a vibrant neighborhood surrounded by the Ice District/Rogers Place Arena, MacEwan University, the LRT, and popular dining spots such as The Lingnan, & Brew and Bloom. Additionally, the property offers heated underground parking — a valuable feature during the winter months in Edmonton. Residents also benefit from ONSITE SECURITY in the afternoons & evenings, providing added peace of mind. This building is popular due to its location and proximity to great amenities. All this home needs is YOU!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 854 sq ft
parking: 1
year built: 2007
strata fee: $536 / mo ($0.63 / sq ft)
days on market: 507
MLS®: E4440360

features

Corner Site
No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher

monthly cost

$1,407/mo

Mortgage $871 · Strata $536

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

estimated payment

$871/ monthly

loan $159,910

25-year amortization

down payment20% · $39,97820%+ 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: $101,357
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,438; down + land title fees
total paid: $261,268

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: $1,600/mo
after all costs: $30/mo
cap rate: 5.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $871 · strata $536 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) 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

location

Central Mcdougall, EdmontonGoogle Maps ↗

Rapid transit: MacEwan LRT station, 400 m (about 6 min walk); 102 Street LRT station, 800 m (about 12 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 John A McDougallhomes in this catchment
24575.5 km away · 10930 - 107 Street NW, Edmonton · (780) 426-0205 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24575.0 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24575.8 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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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