12113 127 ST NW

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$235,000

12113 127 ST NW

Prince Charles, Edmonton · MLS® E4509072

843 sq ft · 595 m² lot · House · Single Family · built 1950 · 37 days on market

listed by Nosheen Arif, 2% Realty Pro

realtor's description

INVESTOR ALERT! Exceptional opportunity on a huge 50' x 128' lot with excellent redevelopment potential. Buyer to verify with the City regarding subdivision and zoning possibilities, including the potential for two single-family skinny homes or multifamily residential development. The existing home has good bones and offers the opportunity to renovate and create value as a flip or investment property. The main floor features 2 bedrooms and 1 full bathroom, kitchen and Livingroom, while the basement offers 1 bedroom, a den/office, a full bathroom, and a second kitchen and living. The basement also benefits from large windows, providing excellent natural light and added potential for future living space, subject to permits and applicable regulations. Whether you're looking to redevelop the oversized lot or renovate the existing property, this property offers multiple possibilities for investors, builders, and renovators. Perfect opportunity to unlock the full potential of this generous lot!

property details

type: House, Single Family
bedrooms: 3
bathrooms: 2
living area: 843 sq ft
lot: 595 m²
parking: 0
year built: 1950
days on market: 37
MLS®: E4509072

features

See remarks
Park/reserve
Washer
Refrigerator
Dishwasher
Stove

city assessment

$302,000

2026 assessment · market value as of July 1, 2025

Up 14.2% from $264,500 in 2025
$277,000 in 2016 (9% over ten years)
Asking price is 22% below the assessment
Built 1950
Lot 595 m² (6,410 sq ft)
Floor area on the roll 833 sq ft

roll year	assessed
2026	$302,000
2025	$264,500
2024	$247,000
2023	$257,000
2022	$256,000
2021	$248,000
2020	$252,000
2019	$269,500

From City of Edmonton open data (property assessments), matched to 12113 127 STREET 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 $3,130 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

$1,024/mo

Mortgage $1,024

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

estimated payment

$1,024/ monthly

loan $188,000

25-year amortization

down payment20% · $47,00020%+ 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: $119,162
land title fees: $525; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $47,525; down + land title fees
total paid: $307,162

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