#118 2503 Hanna Cr NW

1 / 26

$270,000

#118 2503 Hanna Cr NW

Haddow, Edmonton · MLS® E4511380

966 sq ft · Condo · Single Family · built 2006 · 22 days on market

listed by Curtis Leibel, MaxWell Devonshire Realty

realtor's description

Beautiful upgraded main floor condo in the desirable Tradition at Riverside. Sleek and modern, its hard to find a 2 bedroom/2 bathroom unit like this. Luxury vinyl plank flooring, light paint colors, chic lighting. Totally upgraded kitchen featuring stainless steel KitchenAid appliances, quartz countertops, tiled backsplash, ceiling height cabinets, under cabinet lighting. Open living room with a corner gas fireplace and patio doors leading out to the main floor balcony. 2 spacious bedrooms; including a primary bedroom with double closets and an updated 3pc ensuite bathroom with walk in tiled shower. Bonus storage area which holds the in suite laundry. Titled underground parking stall with caged storage space. Many condo amenities including a large gym, movie room, games room, social room, 2 guest suites, car wash bay. Just off Terwillegar and Anthony Henday, great spot to go any direction from there. Ready to just move in and enjoy!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 966 sq ft
parking: 0
year built: 2006
strata fee: $524 / mo ($0.54 / sq ft)
days on market: 22
MLS®: E4511380

features

Refrigerator
Dishwasher
Stove
Garburator
Microwave Range Hood Combo
Window Coverings

city assessment

$202,500

2026 assessment · market value as of July 1, 2025

Up 9.2% from $185,500 in 2025
$241,000 in 2016 (-16% over ten years)
Asking price is 33% above the assessment
Built 2006
Lot 77 m² (831 sq ft)
Floor area on the roll 973 sq ft

roll year	assessed
2026	$202,500
2025	$185,500
2024	$164,500
2023	$160,500
2022	$166,500
2021	$178,000
2020	$180,000
2019	$195,000

From City of Edmonton open data (property assessments), matched to #118 2503 HANNA CRESCENT 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 $2,098 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

$1,701/mo

Mortgage $1,176 · Strata $524

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

estimated payment

$1,176/ monthly

loan $216,000

25-year amortization

down payment20% · $54,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $136,909
land title fees: $590; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $54,590; down + land title fees
total paid: $352,909

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: −$264/mo
cap rate: 4.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,176 · strata $524 · 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