#2 11608 28 AV NW

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$92,500

#2 11608 28 AV NW

Blue Quill, Edmonton · MLS® E4508280

824 sq ft · Condo · Single Family · built 1977 · 43 days on market

listed by James Mabey, Century 21 Masters

realtor's description

Enjoy this 2 bedroom condo in the established community of Blue Quill! Located on the main floor for easy access this home includes a sunny patio space and stall parking. The living room is spacious and adjoins the dining room and kitchen. The two bedrooms share the main 4pc. bathroom and the second bedroom is ideal for guests or a home office. Close to shopping, parks, and transit. Some photos are virtually staged.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 824 sq ft
parking: 0
year built: 1977
strata fee: $517 / mo ($0.63 / sq ft)
days on market: 43
MLS®: E4508280

features

See remarks

city assessment

$90,500

2026 assessment · market value as of July 1, 2025

Up 12.4% from $80,500 in 2025
$139,000 in 2016 (-35% over ten years)
Asking price is 2% above the assessment
Built 1977
Lot 159 m² (1,715 sq ft)
Floor area on the roll 850 sq ft

roll year	assessed
2026	$90,500
2025	$80,500
2024	$74,000
2023	$79,000
2022	$83,000
2021	$82,500
2020	$93,000
2019	$119,000

From City of Edmonton open data (property assessments), matched to #2 11608 28 AVENUE 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 $938 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

$920/mo

Mortgage $403 · Strata $517

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

estimated payment

$403/ monthly

loan $74,000

25-year amortization

down payment20% · $18,50020%+ 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: $46,904
land title fees: $270; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $18,770; down + land title fees
total paid: $120,904

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: $517/mo
cap rate: 11.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $403 · strata $517 · 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