11715 97 ST NW

Alberta Avenue, Edmonton · MLS® E4497114

367 m² lot · Land · Vacant Land · 113 days on market

listed by Hisam Saleh, RE/MAX Elite

realtor's description

Skip the demo costs and build immediately! This shovel-ready, 33' x 120' lot features versatile RM h16 (Medium Scale Residential) zoning, unlocking an array of multi-unit design possibilities. Located just off 97 St, future residents will enjoy an effortless commute to the Downtown Core, plus quick access to Yellowhead Trail. Every essential is minutes away—including shopping, banking, and dining—with NAIT and the Royal Alexandra Hospital right nearby.

property details

type: Land, Vacant Land
lot: 367 m²
parking: 0
days on market: 113
MLS®: E4497114

features

Lane

city assessment

$155,500

2026 assessment · market value as of July 1, 2025

Up 1.6% from $153,000 in 2025
$166,500 in 2016 (-7% over ten years)
Asking price is 22% above the assessment
Lot 367 m² (3,956 sq ft)

roll year	assessed
2026	$155,500
2025	$153,000
2024	$169,500
2023	$162,000
2022	$112,500
2021	$114,500
2020	$124,500
2019	$166,000

From City of Edmonton open data (property assessments), matched to 11715 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 $1,611 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

$827/mo

Mortgage $827

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

estimated payment

$827/ monthly

loan $151,920

25-year amortization

down payment20% · $37,98020%+ 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: $96,293
land title fees: $445; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $38,425; down + land title fees
total paid: $248,213

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

location

Alberta Avenue, EdmontonGoogle Maps ↗

Rapid transit: NAIT LRT station, 1 km (about 16 min walk); NAIT/Blatchford Market LRT station, 1.2 km (about 19 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 John A McDougallhomes in this catchment
24577.8 km away · 10930 - 107 Street NW, Edmonton · (780) 426-0205 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24577.4 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24578.2 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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