1704 37 ST NW

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$199,900

1704 37 ST NW

Daly Grove, Edmonton · MLS® E4511056

311

1,159 sq ft · Townhouse · Single Family · built 1980 · 24 days on market

listed by Joshy Madassery, Kairali Realty Inc.

realtor's description

Prime end-unit in the sought-after family-friendly community of Daly Grove! This well-kept home features a bright, updated kitchen with ample cabinetry, sleek countertops, and a stylish backsplash. The adjacent dining area seamlessly flows into a spacious living room, where patio doors open to a private, fenced backyard backing onto tranquil green space. Upstairs, you will find three generous bedrooms and a full 4-piece bathroom, complemented by a fully finished basement for extra living space. Tucked away from traffic, this home enjoys green space on two sides and overlooks a quiet courtyard. Daly Grove is renowned for its welcoming vibe, extensive park system, and strong neighborhood feel. Ideally located within walking distance to four elementary and junior high schools, shopping centers, and public transit, plus quick access to the Anthony Henday Drive for an effortless commute.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 1
living area: 1,159 sq ft
parking: 1
year built: 1980
strata fee: $316 / mo ($0.27 / sq ft)
days on market: 24
MLS®: E4511056

features

See remarks
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$231,500

2026 assessment · market value as of July 1, 2025

Up 17.8% from $196,500 in 2025
$209,000 in 2016 (11% over ten years)
Asking price is 14% below the assessment
Built 1980
Lot 242 m² (2,606 sq ft)
Floor area on the roll 1,119 sq ft

roll year	assessed
2026	$231,500
2025	$196,500
2024	$173,500
2023	$182,000
2022	$183,000
2021	$181,000
2020	$194,000
2019	$203,500

From City of Edmonton open data (property assessments), matched to 1704 37 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 $2,399 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

$1,187/mo

Mortgage $871 · Strata $316

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

estimated payment

$871/ monthly

loan $159,920

25-year amortization

down payment20% · $39,98020%+ 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: $101,364
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,440; down + land title fees
total paid: $261,284

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: $1,880/mo
after all costs: $367/mo
cap rate: 7.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $871 · strata $316 · 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