#127 5515 7 AV SW

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$184,900

#127 5515 7 AV SW

Charlesworth, Edmonton · MLS® E4511986

749 sq ft · Condo · Single Family · built 2014 · 18 days on market

listed by Sukhit Kaur, Spalk Real Estate

realtor's description

WELCOME TO THIS BEAUTIFULLY UPDATED 2-BEDROOM, 2-BATHROOM MAIN-FLOOR CONDO offering approximately 749 sq. ft. of thoughtfully designed living space. The home features LUXURY VINYL PLANK FLOORING THROUGHOUT and fresh professional paint. The EXPANDED KITCHEN offers additional cabinetry, a modern backsplash, new sink and faucet, stainless steel appliances, a raised eating bar, and a BUILT-IN DESK/WORKSPACE ideal for working or studying. The primary bedroom includes a WALK-THROUGH CLOSET with built-in shelving and ample hanging space, leading to a private 4-piece ensuite. Enjoy an UNDERGROUND HEATED TITLED PARKING STALL for added convenience year-round. Conveniently located near grocery stores, gas stations, restaurants, fitness facilities, public transit, and a playground. A low-maintenance home with excellent updates and everyday convenience.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 749 sq ft
parking: 0
year built: 2014
strata fee: $441 / mo ($0.59 / sq ft)
days on market: 18
MLS®: E4511986

features

No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher
Stove

monthly cost

$1,246/mo

Mortgage $806 · Strata $441

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

estimated payment

$806/ monthly

loan $147,920

25-year amortization

down payment20% · $36,98020%+ 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: $93,757
land title fees: $435; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $37,415; down + land title fees
total paid: $241,677

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: $1,600/mo
after all costs: $191/mo
cap rate: 6.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $806 · strata $441 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) 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

Charlesworth, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Ellersliehomes in this catchment
24544.1 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Middle K to Gr 9 Ellersliehomes in this catchment
24544.1 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24546.0 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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