12391 132 ST NW

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$299,000

12391 132 ST NW

Sherbrooke, Edmonton · MLS® E4511617

1,017 sq ft · 588 m² lot · House · Single Family · built 1953 · 21 days on market

listed by Jonathan Hoffman, RE/MAX Real Estate

realtor's description

REDEVELOPMENT OPPORTUNITY IN SHERBROOKE! Situated on an oversized PIE-SHAPED LOT in an established central Edmonton community, this property presents an exciting opportunity for builders, developers and investors. Tucked into a unique location near the end of a quiet residential street and ADJACENT TO an EXPANSIVE GREEN-SPACE PENINSULA, the generous lot offers added privacy and an appealing setting for future development. Explore the potential for INFILL or MULTI-FAMILY REDEVELOPMENT, subject to City of Edmonton approval, zoning and development requirements. Conveniently located with quick access to Yellowhead Trail and St. Albert Trail, and minutes from Westmount Centre, Royal Alexandra Hospital, NAIT and MacEwan University. Schools, shopping, transit and everyday amenities are nearby, with convenient connections to downtown and the University of Alberta. A unique opportunity offering LAND VALUE, GREEN SPACE, ACCESSIBILITY and exciting redevelopment potential in mature Sherbrooke.

property details

type: House, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,017 sq ft
lot: 588 m²
parking: 0
year built: 1953
days on market: 21
MLS®: E4511617

features

See remarks
Lane
Washer
Refrigerator
Dishwasher
Stove

city assessment

$345,500

2026 assessment · market value as of July 1, 2025

Up 10.9% from $311,500 in 2025
$308,000 in 2016 (12% over ten years)
Asking price is 13% below the assessment
Built 1953
Lot 588 m² (6,331 sq ft)
Floor area on the roll 944 sq ft

roll year	assessed
2026	$345,500
2025	$311,500
2024	$286,000
2023	$311,500
2022	$299,500
2021	$287,500
2020	$289,000
2019	$309,500

From City of Edmonton open data (property assessments), matched to 12391 132 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 $3,580 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

$1,303/mo

Mortgage $1,303

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

estimated payment

$1,303/ monthly

loan $239,200

25-year amortization

down payment20% · $59,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $151,614
land title fees: $640; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $60,440; down + land title fees
total paid: $390,814

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