#121 1510 Watt Dr SW

Walker, Edmonton · MLS® E4512843

893 sq ft · Condo · Single Family · built 2016 · 11 days on market

listed by Prashant Mahay, Nationwide Realty Corp

realtor's description

Welcome to Aurora Greens in Walker. Main floor unit featuring 2 bedrooms, 2 full baths, a den (almost the size of a 3rd bedroom) and a very functional floor plan. The unit comes complete with an appliance package, an underground parking stall, and close proximity to schools and shopping. Ideal for any investor or a small family.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 893 sq ft
parking: 0
year built: 2016
strata fee: $529 / mo ($0.59 / sq ft)
days on market: 11
MLS®: E4512843

features

No Animal Home
No Smoking Home
Refrigerator
Dishwasher
Stove
Washer/Dryer Stack-Up

city assessment

$208,000

2026 assessment · market value as of July 1, 2025

Up 9.8% from $189,500 in 2025
$150,000 in 2016 (39% over ten years)
Asking price is 4% below the assessment
Built 2016
Lot 94 m² (1,013 sq ft)
Floor area on the roll 916 sq ft

roll year	assessed
2026	$208,000
2025	$189,500
2024	$168,500
2023	$174,500
2022	$175,500
2021	$188,000
2020	$193,000
2019	$197,500

From City of Edmonton open data (property assessments), matched to #121 1510 WATT DRIVE SW. 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 $2,155 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

$1,396/mo

Mortgage $867 · Strata $529

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

estimated payment

$867/ monthly

loan $159,200

25-year amortization

down payment20% · $39,80020%+ 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: $100,907
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,260; down + land title fees
total paid: $260,107

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: $41/mo
cap rate: 5.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $867 · strata $529 · 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

location

Walker, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Shauna May Senecahomes in this catchment
24541.2 km away · 2130 Wonnacott Way SW, Edmonton · (587) 489-4722 · website
Middle K to Gr 9 Shauna May Senecahomes in this catchment
24541.2 km away · 2130 Wonnacott Way SW, Edmonton · (587) 489-4722 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24544.7 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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