#201 10149 83 AV NW

Strathcona, Edmonton · MLS® E4500955

864 sq ft · Condo · Single Family · built 1971 · 89 days on market

listed by Reinee Bouclin, MaxWell Challenge Realty

realtor's description

LISTED WELL BELOW TAX ASSESSMENT! ATTN: STUDENTS & INVESTORS!! Live in one of Edmonton’s most sought-after neighbourhoods! This spacious 2-bedroom condo places you just steps from Whyte Avenue, the University of Alberta, and the vibrant Old Strathcona Farmers’ Market. Offering 864 sq. ft., this is one of the largest units in the building, featuring a bright & cheery layout, a well appointed kitchen, dining area, oversized primary bedroom, and convenient in-suite storage. Enjoy your morning coffee or unwind after work on the large balcony overlooking a beautiful tree-lined street. The updated bathroom showcases a modern tub and tile surround, while the assigned powered parking stall adds everyday convenience. Whether you’re a student, first-time buyer, or investor, you’ll appreciate the easy access to transit, downtown, the river valley, restaurants, shopping, and entertainment. The building has seen major updates, including newer windows, balconies, and roof. Some photos digitally staged/altered.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 864 sq ft
parking: 0
year built: 1971
strata fee: $637 / mo ($0.74 / sq ft)
days on market: 89
MLS®: E4500955

features

Corner Site
Lane
No Animal Home
Refrigerator
Stove
Hood Fan

monthly cost

$1,226/mo

Mortgage $588 · Strata $637

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 25, 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: $1,600/mo
after all costs: $211/mo
cap rate: 7.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $588 · strata $637 · 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

Strathcona, EdmontonGoogle Maps ↗

Rapid transit: University LRT station, 2 km (about 32 min walk); Health Sciences/Jubilee LRT station, 2.1 km (about 34 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 King Edwardhomes in this catchment
24568.5 km away · 8530 - 101 Street NW, Edmonton · (780) 439-2491 · website
Middle Allendale / McKernanhomes in this catchment
Secondary Gr 10-12 Strathconahomes in this catchment
24567.9 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.

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