11950 53 ST NW

Newton, Edmonton · MLS® E4507884

781 sq ft · House · Single Family · built 1939 · 45 days on market

listed by George Van De Walle, RE/MAX Professionals

realtor's description

2 bedroom character home on a corner lot in the community of Newton. Newer shingles and eavestroughs. Finished basement with laundry room and 2 other rooms. Great for first time buyer, developer or investors. 100 amp electrical. Excellent corner lot for future development.

property details

type: House, Single Family
bedrooms: 2
bathrooms: 2
living area: 781 sq ft
parking: 0
year built: 1939
days on market: 45
MLS®: E4507884

features

Corner Site
See remarks
Paved lane
Lane
Washer
Refrigerator

city assessment

$244,000

2026 assessment · market value as of July 1, 2025

Up 12.2% from $217,500 in 2025
$217,000 in 2016 (12% over ten years)
Asking price is 18% below the assessment
Built 1939
Lot 502 m² (5,407 sq ft)
Floor area on the roll 745 sq ft

roll year	assessed
2026	$244,000
2025	$217,500
2024	$193,000
2023	$203,000
2022	$205,000
2021	$193,000
2020	$197,500
2019	$213,000

From City of Edmonton open data (property assessments), matched to 11950 53 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 $2,529 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

$871/mo

Mortgage $871

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

estimated payment

$871/ monthly

loan $159,920

25-year amortization

down payment20% · $39,98020%+ 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: $101,364
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,440; down + land title fees
total paid: $261,284

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

location

Newton, EdmontonGoogle Maps ↗

Rapid transit: Belvedere LRT station, 1.8 km (about 28 min walk); Coliseum LRT station, 2.3 km (about 36 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Highlandshomes in this catchment
24572.8 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
Middle K to Gr 9 Highlandshomes in this catchment
24572.8 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
Secondary Gr 10-12 Eastglenhomes in this catchment
24573.0 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · 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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