Rundle Heights, Edmonton · MLS® E4501628
32
1,226 sq ft · Townhouse · Single Family · built 1972 · 85 days on market
listed by Angie Resendes, REMAX River City
INCREDIBLE VALUE & OPPORTUNITY! This SPACIOUS 3 BEDROOM, 1.5 BATH TOWNHOUSE offers the perfect chance to build instant sweat equity with a handful of interior updates. Featuring a FUNCTIONAL LAYOUT, generous room sizes, and a LARGE BASEMENT with additional development potential, this home is an excellent canvas to personalize and make your own. Major exterior upgrades have already been completed, including HARDIE BOARD SIDING, UPDATED WINDOWS, and NEWER EXTERIOR DOORS, while the complex itself is undergoing an extensive exterior revitalization—fully funded by a substantial special assessment being paid by the seller—helping ensure the community will look fantastic for years to come. Ideally located with quick access to Edmonton’s River Valley, golf courses, aquatics facility, the new EPL library, schools, transit, and a bakery just around the corner. Perfect for first-time buyers, investors, or savvy renovators looking for VALUE, LOCATION, AND UPSIDE.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $654 · strata $309 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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
Catchment schools, Edmonton Public Schools
24568.2 km away · 11010 - 32 Street NW, Edmonton · (587) 489-4714 · website
24568.2 km away · 11010 - 32 Street NW, Edmonton · (587) 489-4714 · website
24570.2 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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$128,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $128,500 |
| 2025 | $113,000 |
| 2024 | $104,000 |
| 2023 | $109,500 |
| 2022 | $108,000 |
| 2021 | $105,500 |
| 2020 | $112,000 |
| 2019 | $118,500 |
From City of Edmonton open data (property assessments), matched to #165 3308 113 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,332 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.
Walkability 91/100 · Very walkable: most errands on foot
Within a 10 minute walk: 3 grocery stores, 9 places to eat or drink, 1 cafe, 8 parks and playgrounds, 2 schools, 3 pharmacies, 25 transit stops.
mihom score from OpenStreetMap places, by straight line distance.