16748 118 ST NW

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$504,900

16748 118 ST NW

Canossa, Edmonton · MLS® E4501052

334

1,515 sq ft · 386 m² lot · House · Single Family · built 2007 · 88 days on market

listed by Yen Mach, Homes & Gardens Real Estate Limited

realtor's description

Positioned prominently on a beautifully manicured corner lot, this exceptional 1,500+ sq. ft. bi-level home represents a rare buying opportunity in northwest Calgary's coveted community of Canossa. From the attached double garage and spacious driveway to the welcoming architectural lines, this property commands fantastic curb appeal.The interior is tailored for modern family life, hosting 3 large bedrooms and 2.5 bathrooms. Fully equipped with air-conditioning, the home ensures year-round comfort. Step outside into your private sanctuary: a fully fenced backyard showcasing an elegant, low-maintenance deck designed for effortless outdoor entertaining. Downstairs, the vast, open-concept unfinished basement awaits your personal touch—allowing you to easily expand your square footage and build instant equity.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,515 sq ft
lot: 386 m²
parking: 4
year built: 2007
days on market: 88
MLS®: E4501052

features

Corner Site
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$501,000

2026 assessment · market value as of July 1, 2025

Up 6.7% from $469,500 in 2025
$438,500 in 2016 (14% over ten years)
Asking price is 1% above the assessment
Built 2007
Lot 386 m² (4,153 sq ft)
Floor area on the roll 1,482 sq ft

roll year	assessed
2026	$501,000
2025	$469,500
2024	$435,500
2023	$435,000
2022	$430,500
2021	$388,500
2020	$405,500
2019	$416,500

From City of Edmonton open data (property assessments), matched to 16748 118 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $5,192 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.

monthly cost

$2,200/mo

Mortgage $2,200

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

estimated payment

$2,200/ monthly

loan $403,920

25-year amortization

down payment20% · $100,98020%+ 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: $256,020
land title fees: $1,010; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $101,990; down + land title fees
total paid: $659,940

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