12107 Aspen Drive West NW

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$470,000

12107 Aspen Drive West NW

Aspen Gardens, Edmonton · MLS® E4510620

347 m² lot · Land · Vacant Land · 28 days on market

listed by Jeffrey Lewis, RE/MAX Elite

realtor's description

Aspen Drive West DREAM LOT!! Vacant subdivided lot with approved plans for 2721 SF HOME by Design Two Group! The plans include an attached double garage with breezeway. No cost for Demolition, or Services. NOT A SKINNY LOT, 31' x 120'. This lot is FULLY SERVICED FROM EPCOR with Brand new services just installed. Not too often will you be able to build your dream home in Aspen Drive for this price! Located in one of Edmonton's most desirable neighborhoods and Streets. Beautiful views, great location, facing Ravine. The area offers top schools (WESTBROOK/VERNON BARFORD/HARRY AINLAY) and easy access to the UofA and Downtown. The lot for sale is the North subdivided lot. .

property details

type: Land, Vacant Land
lot: 347 m²
parking: 0
days on market: 28
MLS®: E4510620

city assessment

$482,500

2026 assessment · market value as of July 1, 2025

Asking price is 3% below the assessment
Lot 353 m² (3,799 sq ft)

From City of Edmonton open data (property assessments), matched to 12107 ASPEN DRIVE WEST 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 $5,000 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

$2,048/mo

Mortgage $2,048

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

estimated payment

$2,048/ monthly

loan $376,000

25-year amortization

down payment20% · $94,00020%+ 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: $238,323
land title fees: $950; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $94,950; down + land title fees
total paid: $614,323

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

location

Aspen Gardens, EdmontonGoogle Maps ↗

Rapid transit: Southgate LRT station, 2.1 km (about 34 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Westbrookhomes in this catchment
24565.2 km away · 11915 - 40 Avenue NW, Edmonton · (780) 438-4200 · website
Middle Gr 7-9 Vernon Barfordhomes in this catchment
24565.2 km away · 32 Fairway Drive NW, Edmonton · (780) 413-2211 · website
Secondary Gr 10-12 Harry Ainlayhomes in this catchment
24564.8 km away · 4350 - 111 Street NW, Edmonton · (780) 413-2700 · 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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