12223 107 ST NW

Westwood (Edmonton), Edmonton · MLS® E4513063

2,065 sq ft · 585 m² lot · House · Single Family · built 1991 · 9 days on market

listed by Kerri-lyn Holland, REMAX River City

realtor's description

Incredible opportunity for Land Development/Holding/Rental Property - just steps away from NAIT – the perfect location for redevelopment! This building lot is 42ft x 150ft - 6294sqft lot with many possibilities for development.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 3
living area: 2,065 sq ft
lot: 585 m²
parking: 0
year built: 1991
days on market: 9
MLS®: E4513063

features

Lane

city assessment

$417,000

2026 assessment · market value as of July 1, 2025

Up 16.6% from $357,500 in 2025
$381,500 in 2016 (9% over ten years)
Asking price is 45% below the assessment
Built 1970
Lot 585 m² (6,294 sq ft)
Floor area on the roll 1,954 sq ft

roll year	assessed
2026	$417,000
2025	$357,500
2024	$320,000
2023	$358,000
2022	$360,000
2021	$335,000
2020	$312,500
2019	$344,500

From City of Edmonton open data (property assessments), matched to 12223 107 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 $4,321 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

$1,002/mo

Mortgage $1,002

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

estimated payment

$1,002/ monthly

loan $184,000

25-year amortization

down payment20% · $46,00020%+ 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: $116,626
land title fees: $515; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $46,515; down + land title fees
total paid: $300,626

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

location

Westwood (Edmonton), EdmontonGoogle Maps ↗

Rapid transit: Blatchford Gate LRT station, 400 m (about 6 min walk); NAIT/Blatchford Market LRT station, 1.2 km (about 19 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Deltonhomes in this catchment
24580.2 km away · 12126 - 89 Street NW, Edmonton · (780) 477-8742 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24579.3 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24580.1 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.