16507 91 AV NW

1 / 40

$520,000

16507 91 AV NW

West Meadowlark Park, Edmonton · MLS® E4513362

964 sq ft · 511 m² lot · House · Single Family · built 1965 · 7 days on market

listed by Raj Sharma, Royal Lepage Summit Realty

realtor's description

LEGAL BASEMENT SUITE. Over 1925 sf living space 5 Beds, 2 Washrooms, 2 Kitchens, 2 living - dining areas. Excellent investment or live-up, rent-down opportunity located directly opposite a school! This home features a brand-new, top-to-bottom renovation and is in absolute turnkey, move-in condition. Offering ultimate flexibility: live in the entire home, buy it as a high-yield investment, or live upstairs and rent out the fully legal 2-bedroom basement suite to drastically lower your mortgage. For your winter comfort there is a 2 Car Garage. Every inch has been updated so you can move right in or place tenants immediately. A Title insurance will be provided in lieu of a Real Property Report (RPR).

property details

type: House, Single Family
bedrooms: 5
bathrooms: 2
living area: 964 sq ft
lot: 511 m²
parking: 0
year built: 1965
days on market: 7
MLS®: E4513362

features

Flat site
Lane
No Animal Home
No Smoking Home
Level
Washer

monthly cost

$2,266/mo

Mortgage $2,266

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

estimated payment

$2,266/ monthly

loan $416,000

25-year amortization

down payment20% · $104,00020%+ 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: $263,677
land title fees: $1,040; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $105,040; down + land title fees
total paid: $679,677

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

location

West Meadowlark Park, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary Aleda Patterson (K-3)/Alex Janvier (4-6)homes in this catchment
Middle Gr 4-9 Alex Janvierhomes in this catchment
800 m away · 9535 167 Street NW, Edmonton
Secondary Gr 10-12 Jasper Placehomes in this catchment
24580.4 km away · 8950 - 163 Street NW, Edmonton · (780) 408-9000 · 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.