12245 81 ST NW

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$250,000

12245 81 ST NW

Elmwood Park, Edmonton · MLS® E4510997

828 sq ft · 598 m² lot · House · Single Family · built 1946 · 25 days on market

listed by Shirley Williams, Royal Lepage Premier Real Estate

realtor's description

This is an excellent opportunity for investors, developers, and buyers looking to build in a desirable location. This approximately 820 sq. ft. bungalow offers 3 bedrooms, 1 bathroom with large walk in shower and sits on a generous 80 ft. x 80 ft. CORNER lot, providing significant potential for future redevelopment. Inside there is laminate flooring, a good size kitchen with stainless steel appliances and lots of cupboards. Fully fenced yard

property details

type: House, Single Family
bedrooms: 2
bathrooms: 1
living area: 828 sq ft
lot: 598 m²
parking: 0
year built: 1946
days on market: 25
MLS®: E4510997

features

Corner Site
No back lane
Park/reserve
Washer
Refrigerator
Stove

city assessment

$252,500

2026 assessment · market value as of July 1, 2025

Up 6.3% from $237,500 in 2025
$210,500 in 2016 (20% over ten years)
Asking price is 1% below the assessment
Built 1946
Lot 598 m² (6,441 sq ft)
Floor area on the roll 802 sq ft

roll year	assessed
2026	$252,500
2025	$237,500
2024	$211,000
2023	$227,000
2022	$222,000
2021	$216,500
2020	$215,000
2019	$224,000

From City of Edmonton open data (property assessments), matched to 12245 81 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 $2,617 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

$1,089/mo

Mortgage $1,089

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

estimated payment

$1,089/ monthly

loan $200,000

25-year amortization

down payment20% · $50,00020%+ 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: $126,768
land title fees: $550; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $50,550; down + land title fees
total paid: $326,768

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

location

Elmwood Park, EdmontonGoogle Maps ↗

Rapid transit: Coliseum LRT station, 900 m (about 15 min walk); Stadium LRT station, 2 km (about 32 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Deltonhomes in this catchment
24577.8 km away · 12126 - 89 Street NW, Edmonton · (780) 477-8742 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24577.7 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · website
Secondary Gr 10-12 Eastglenhomes in this catchment
24576.3 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · 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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