121 Bulyea Rd NW
$275,000
121 Bulyea Rd NW
Ogilvie Ridge, Edmonton · MLS® E4512281
342
1,240 sq ft · 175 m² lot · Townhouse · Single Family · built 1994 · 17 days on market
listed by Nikola Jankovic, Exp Realty
realtor's description
Big potential, blowout price! At just $275,000, this 3 bedroom end-unit townhouse is your chance to get into sought-after Riverbend at an exceptional value and make it your own. Whether you're a first-time buyer ready to build some sweat equity, a renovator looking for your next project, or an investor with an eye for potential, this one is worth a look. Offering nearly 1,240 sq ft above grade, 3 bedrooms upstairs, 2 full and 2 half baths, a fully finished basement and single attached garage, there's plenty of space to work with. Bring your ideas, update it your way and build value as you go. Close to trails, parks, schools, shopping and everything Riverbend has to offer.
property details
- type
- Townhouse, Single Family
- bedrooms
- 3
- bathrooms
- 4
- living area
- 1,240 sq ft
- lot
- 175 m²
- parking
- 2
- year built
- 1994
- strata fee
- $483 / mo ($0.39 / sq ft)
- days on market
- 17
- MLS®
- E4512281
features
- Closet Organizers
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
monthly cost
$1,681/mo
Mortgage $1,198 · Strata $483
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,880/mo
- after all costs
- −$126/mo
- cap rate
- 4.7%
- yearly net rent ÷ price
Costs: mortgage $1,198 · strata $483 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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
Ogilvie Ridge, EdmontonGoogle Maps ↗
schools
Catchment schools, Edmonton Public Schools
- Elementary K to Gr 6 George H Luckhomes in this catchment
24565.9 km away · 300 Bulyea Road NW, Edmonton · (780) 438-5011 · website
- Middle Gr 7-9 Riverbendhomes in this catchment
24567.1 km away · 14820 - 53 Avenue NW, Edmonton · (780) 434-7914 · website
- Secondary Lillian Osborne / Strathconahomes in this catchment
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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