#2 1203 163 ST SW

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$259,900

#2 1203 163 ST SW

Glenridding Heights, Edmonton · MLS® E4509509

870 sq ft · 122 m² lot · Townhouse · Single Family · built 2017 · 36 days on market

listed by Jolene Langelle, RE/MAX Elite

realtor's description

$259,900 & LOOK WHAT YOU GET! Your own SINGLE ATTACHED GARAGE, a separate den, front porch and a covered balcony with an open view! This bright and beautifully maintained one-bedroom + den townhouse is a fantastic first home with so much more than you might expect at this price. The street-facing location is a big bonus, with parking right out front and a much more open feel than most townhomes. Inside, the spacious main living area is filled with natural light and features a modern white kitchen with island, stainless steel appliances and plenty of storage. The bedroom is a great size with a walk-in closet, while the separate den gives you a proper home office or valuable extra space. Step outside onto the covered balcony and enjoy the open view with no one in front. Even the complex itself is impressive, beautifully landscaped and exceptionally well cared for. Clean, move-in ready and just a really great little home with the garage, outdoor space and extras that are hard to find at this price!

property details

type: Townhouse, Single Family
bedrooms: 1
bathrooms: 1
living area: 870 sq ft
lot: 122 m²
parking: 0
year built: 2017
strata fee: $229 / mo ($0.26 / sq ft)
days on market: 36
MLS®: E4509509

features

Corner Site
Refrigerator
Dishwasher
Stove
Microwave Range Hood Combo
Window Coverings

monthly cost

$1,361/mo

Mortgage $1,132 · Strata $229

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

estimated payment

$1,132/ monthly

loan $207,920

25-year amortization

down payment20% · $51,98020%+ 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: $131,788
land title fees: $570; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $52,550; down + land title fees
total paid: $339,708

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: $1,300/mo
after all costs: −$340/mo
cap rate: 3.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,132 · strata $229 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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

location

Glenridding Heights, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Dr Margaret-Ann Armourhomes in this catchment
24559.9 km away · 3815 Allan Drive SW, Edmonton · (587) 489-4704 · website
Middle K to Gr 9 Dr Margaret-Ann Armourhomes in this catchment
24559.9 km away · 3815 Allan Drive SW, Edmonton · (587) 489-4704 · website
Secondary Gr 10-12 Lillian Osbornehomes in this catchment
24561.0 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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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