122 5001 62 ST

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$295,000

122 5001 62 ST

Eaglemont Heights, Beaumont · MLS® E4505941

332

1,249 sq ft · Townhouse · Single Family · built 2007 · 58 days on market

listed by Ryan Werner, Real Broker

realtor's description

Welcome to Beaumont Villas! This beautifully updated unit features numerous upgrades, including modern flooring, updated lighting, stainless steel appliances, a new hot water tank installed in 2026, and fresh paint throughout. This home is an excellent opportunity for first-time home buyers or investors seeking a rental property, with the added advantage of low condo fees.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,249 sq ft
parking: 2
year built: 2007
strata fee: $336 / mo ($0.27 / sq ft)
days on market: 58
MLS®: E4505941

features

Flat site
No Smoking Home
Washer
Refrigerator
Dishwasher
Stove

property tax

about $2,756 a year

The asking price times Beaumont's 2026 residential rate of 9.34 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,621/mo

Mortgage $1,285 · Strata $336

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

estimated payment

$1,285/ monthly

loan $236,000

25-year amortization

down payment20% · $59,00020%+ 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: $149,586
land title fees: $635; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $59,635; down + land title fees
total paid: $385,586

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: $1,880/mo
after all costs: −$66/mo
cap rate: 5.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,285 · strata $336 · 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