#125 920 156 ST NW

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$160,000

#125 920 156 ST NW

South Terwillegar, Edmonton · MLS® E4512791

111

682 sq ft · Condo · Single Family · built 2008 · 11 days on market

listed by Tanya Fowler, 2% Realty Pro

realtor's description

ATTENTION ALL INVESTORS OR FIRST TIME HOME OWNERS. What an awesome opportunity to own in this beautiful condo in Terwillegar. This home is one of the larger one bedroom units in Axxess, most 2 bedrooms is are this size. Walking in to this building you will notice how well kept it is. The unit it self is open concept, with new flooring (NO MORE CARPET), in suite laundry, large master bedroom with walk in closet & a 4 pc bath finish off inside. Even though ground level your balcony is very private with gas hook up for your BBQ & your parking stall directly in front & don't worry plenty of visitor parking for your guests. There is a fitness center just down the hall. Close to major shopping center, schools, golf and walking trails.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 682 sq ft
parking: 1
year built: 2008
strata fee: $445 / mo ($0.65 / sq ft)
days on market: 11
MLS®: E4512791

features

No Smoking Home
Washer
Refrigerator
Dishwasher
Stove
Dryer

monthly cost

$1,142/mo

Mortgage $697 · Strata $445

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

estimated payment

$697/ monthly

loan $128,000

25-year amortization

down payment20% · $32,00020%+ 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: $81,131
land title fees: $390; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $32,390; down + land title fees
total paid: $209,131

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: $1,300/mo
after all costs: $19/mo
cap rate: 5.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $697 · strata $445 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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

location

South Terwillegar, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Lansdownehomes in this catchment
24563.4 km away · 12323 - 51 Avenue NW, Edmonton · (780) 434-3160 · website
Middle Gr 7-9 Avalonhomes in this catchment
24563.1 km away · 5425 - 114 Street NW, Edmonton · (780) 434-8402 · website
Secondary Gr 10-12 Lillian Osbornehomes in this catchment
24562.6 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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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