#12 1391 Starling Dr NW

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$314,900

#12 1391 Starling Dr NW

Starling, Edmonton · MLS® E4507508

1,178 sq ft · Townhouse · Single Family · built 2015 · 46 days on market

listed by Mike Sarnecki, Royal Lepage Arteam Realty

realtor's description

This beautifully designed 2-bedroom, 3-story townhouse offers everything you need for sophisticated living in Starling Landing. Recently updated with a new HVAC system—including central AC and furnace (2025)—plus a brand-new refrigerator (2026), this home is MOVE-IN ready. The spacious main level features 9-foot ceilings, an open-concept living and dining area, and a kitchen boasting abundant storage and counter space, all flowing seamlessly to your private balcony. The oversized attached double garage provides generous space for two vehicles plus storage. Upstairs, discover a versatile flex area and two well-appointed bedrooms, each complete with its own private 4-piece ensuite bathroom. Located just minutes from Big Lake recreation area, St. Albert, and Lois Hole Provincial Park, you will enjoy quick access to scenic trails, gazebo lookouts, and a tranquil pond right at your doorstep. JUST BRING YOUR CLOTHES

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 3
living area: 1,178 sq ft
parking: 0
year built: 2015
strata fee: $276 / mo ($0.23 / sq ft)
days on market: 46
MLS®: E4507508

features

Park/reserve
Exterior Walls- 2x6"
Washer
Refrigerator
Dishwasher
Stove

city assessment

$323,500

2026 assessment · market value as of July 1, 2025

Up 12.7% from $287,000 in 2025
$254,500 in 2016 (27% over ten years)
Asking price is 3% below the assessment
Built 2015
Lot 207 m² (2,229 sq ft)
Floor area on the roll 1,248 sq ft

roll year	assessed
2026	$323,500
2025	$287,000
2024	$250,000
2023	$257,000
2022	$242,500
2021	$234,000
2020	$244,000
2019	$261,500

From City of Edmonton open data (property assessments), matched to #12 1391 STARLING DRIVE 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 $3,352 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

$1,648/mo

Mortgage $1,372 · Strata $276

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

estimated payment

$1,372/ monthly

loan $251,920

25-year amortization

down payment20% · $62,98020%+ 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: $159,677
land title fees: $670; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $63,650; down + land title fees
total paid: $411,597

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: −$351/mo
cap rate: 3.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,372 · strata $276 · insurance ~$175 · 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