#201 10116 80 AV NW

Ritchie, Edmonton · MLS® E4512718

1,055 sq ft · Condo · Single Family · built 2002 · 13 days on market

listed by Dave Johnston, REMAX River City

realtor's description

Very clean 2 bedroom condo located in the Ritchie neighborhood just a short walk to all the restaurants and shops on Whyte Avenue. This wonderfull open floor plan condo has 1,055 sq ft with a unique concept. The kitchen features an lots of cabinetry and counter space, which has been upgraded to granite stone. The living room is large in size to accommodate lots of furniture for entertaining and also features a gas fireplace. The patio doors lead to the large balcony and a gas line for barbecues. The 2 spacious bedrooms are located on opposite sides of the unit which offers a perfect setting for roommates. The primary bedroom features it’s own walk through closet and a full 3 peice ensuite bathroom. The other features of this clean unit include in suite laundry plus underground parking stall #31 with storage unit. The building includes a fitness centre and is close to the UofA, Mill Creek Ravine, and the river valley. This is a great home for the first time buyer or invester.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,055 sq ft
parking: 0
year built: 2002
strata fee: $623 / mo ($0.59 / sq ft)
days on market: 13
MLS®: E4512718

features

See remarks
Washer
Refrigerator
Dishwasher
Stove
Dryer

monthly cost

$1,755/mo

Mortgage $1,132 · Strata $623

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: $1,600/mo
after all costs: −$318/mo
cap rate: 3.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,132 · strata $623 · 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

location

Ritchie, EdmontonGoogle Maps ↗

Rapid transit: University LRT station, 2.2 km (about 35 min walk); Health Sciences/Jubilee LRT station, 2.3 km (about 36 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Hazeldeanhomes in this catchment
24566.6 km away · 6715 - 97 Street NW, Edmonton · (780) 433-7583 · website
Middle Allendale / McKernanhomes in this catchment
Secondary Gr 10-12 Strathconahomes in this catchment
24567.5 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.