Condo
$85,000
316A, 5611 10 Avenue
Edson110 days on market
listed by ROYAL LEPAGE EDSON REAL ESTATE
MLS® A2326621
12, 414 41 Street
$115,000
12, 414 41 Street
Edson · MLS® A2325009
211
733 sq ft · Condo · Single Family · built 1972 · 118 days on market
listed by SHARON HAWBOLDT, CENTURY 21 TWIN REALTY
realtor's description
Affordable, well-maintained 2-bedroom, 1-bathroom condo located in the quiet east end of Edson, walking distance to shopping, restaurants, and the new hospital. This home is an excellent choice for first-time buyers, those looking to downsize, or investors seeking to expand their rental portfolio. The bright functional layout features a spacious living room with patio doors leading to a private balcony, where mature trees provide shade and a peaceful setting for relaxing or enjoying a summer BBQ. The galley kitchen includes newer appliances with a separate dining area for family dinners. Upgrades include laminate flooring, paint, and a granite-topped bathroom vanity. For added convenience, the home also features an in-suite stacking washer and dryer, along with one assigned parking stall. This move-in-ready condo offers excellent value in a desirable location. Don't miss your opportunity to view this fantastic property!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 733 sq ft
- parking
- 1
- year built
- 1972
- property tax
- $1,081 / yr
- strata fee
- $563 / mo ($0.77 / sq ft)
- strata rules
- Pets Allowed, Pets Allowed With Restrictions
- days on market
- 118
- MLS®
- A2325009
features
- Parking
- Golf Course Development
- Pets Allowed
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
monthly cost
$1,154/mo
Mortgage $501 · Tax $90 · Strata $563
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,660/mo
- after all costs
- $338/mo
- cap rate
- 8.8%
- yearly net rent ÷ price
Costs: mortgage $501 · tax $90 · strata $563 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Alberta: CMHC's average there ($1,670) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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
EdsonGoogle Maps ↗
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