#20 8735 165 ST NW

1 / 25

$135,000

#20 8735 165 ST NW

West Meadowlark Park, Edmonton · MLS® E4513052

720 sq ft · Condo · Single Family · built 1970 · 9 days on market

listed by Chad Hierlmeier, MaxWell Challenge Realty

realtor's description

Pride of Ownership is evident in the beautifully updated condo! Totally move in ready. Perfect for a first time buyer or as an investment property. Renovations include laminate flooring throughout the unit, bathroom, kitchen cabinets, counter tops, as well as new appliances. Easy access to public transport and shopping. Added bonus is that heat, water/sewer, & power are all included in the condo fees!

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 720 sq ft
parking: 0
year built: 1970
strata fee: $400 / mo ($0.56 / sq ft)
days on market: 9
MLS®: E4513052

features

No Animal Home
No Smoking Home
Refrigerator
Dishwasher
Stove
Hood Fan

city assessment

$101,000

2026 assessment · market value as of July 1, 2025

Up 8.0% from $93,500 in 2025
$125,500 in 2016 (-20% over ten years)
Asking price is 34% above the assessment
Built 1970
Lot 85 m² (910 sq ft)
Floor area on the roll 732 sq ft

roll year	assessed
2026	$101,000
2025	$93,500
2024	$89,000
2023	$93,000
2022	$95,500
2021	$100,500
2020	$107,500
2019	$112,000

From City of Edmonton open data (property assessments), matched to #20 8735 165 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 $1,047 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

$989/mo

Mortgage $588 · Strata $400

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

estimated payment

$588/ monthly

loan $108,000

25-year amortization

down payment20% · $27,00020%+ 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: $68,455
land title fees: $345; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $27,345; down + land title fees
total paid: $176,455

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: $172/mo
cap rate: 6.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $588 · strata $400 · insurance ~$35 · 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