#162 4823 104A ST NW

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$225,000

#162 4823 104A ST NW

Empire Park, Edmonton · MLS® E4513492

221

999 sq ft · Condo · Single Family · built 2005 · 6 days on market

listed by Constance Braun, Schmidt Realty Group Inc

realtor's description

Perfect for investors! The long-term Corporate tenant would like to stay!! Fabulous low-rise condo complex in the very central, walkable neighbourhood of Empire Park with your choice of grocery stores including the Italian Centre & Superstore, various fast-food shops, coffee shops, restaurants, professional services, & public transit. The condo is lovely with 9 ft ceilings, vinyl plank flooring and a sunny SW exposure. A full bank of floor to ceiling windows, dressed with drop-down/pull-up blinds, overlook a serene courtyard and floods the front rooms with so much light. Open floorplan with an alley kitchen, raised eating bar, countertop stove and built-in convection oven. Two bedrooms, two full baths and ensuite laundry (washer a couple of months old). One underground titiled parking stall with a storage cage in front. Lots of visitor parking out front. Small pets allowed with board approval. A great place to call home!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 999 sq ft
parking: 1
year built: 2005
strata fee: $395 / mo ($0.40 / sq ft)
days on market: 6
MLS®: E4513492

features

No Animal Home
No Smoking Home
Refrigerator
Dishwasher
Stove
Oven - Built-In

monthly cost

$1,376/mo

Mortgage $980 · Strata $395

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

estimated payment

$980/ monthly

loan $180,000

25-year amortization

down payment20% · $45,00020%+ 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: $114,091
land title fees: $505; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $45,505; down + land title fees
total paid: $294,091

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: $61/mo
cap rate: 5.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $980 · strata $395 · 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

Empire Park, EdmontonGoogle Maps ↗

Rapid transit: Southgate LRT station, 1.3 km (about 20 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 McKeehomes in this catchment
24562.7 km away · 10725 - 51 Avenue NW, Edmonton · (780) 435-7140 · website
Middle Gr 7-9 Allendalehomes in this catchment
24563.4 km away · 6415 - 106 Street NW, Edmonton · (780) 434-6756 · website
Secondary Gr 10-12 Harry Ainlayhomes in this catchment
24562.5 km away · 4350 - 111 Street NW, Edmonton · (780) 413-2700 · 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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