#201 11408 108 AV NW

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$194,900

#201 11408 108 AV NW

Queen Mary Park, Edmonton · MLS® E4493845

1,104 sq ft · Condo · Single Family · built 2003 · 132 days on market

listed by Diana Noble, People 1st Realty

realtor's description

This bright corner-unit condo offers 1,104 sq. ft. of living space and an abundance of windows that fill the home with natural sunlight. The open-concept layout provides flexibility to create a space that suits your lifestyle, whether working from home, entertaining friends, or enjoying a quiet evening in. The kitchen features ample cabinetry, generous counter space, a breakfast bar, updated faucet, newer appliances, and updated lighting. The primary bedroom includes double closets and a private 4-piece ensuite, while the second bedroom is located beside a 3-piece bathroom. Recent updates include lighting, paint & fixtures. In-suite laundry and one covered parking stall add everyday convenience. Step outside onto your private balcony and take in the mature tree-lined streets that make this area feel welcoming. Located in Queen Mary Park just minutes from NAIT, U of A, shopping & transit.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,104 sq ft
parking: 0
year built: 2003
strata fee: $702 / mo ($0.64 / sq ft)
days on market: 132
MLS®: E4493845

features

Refrigerator
Intercom
Dishwasher
Stove
Microwave
Hood Fan

monthly cost

$1,551/mo

Mortgage $849 · Strata $702

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

estimated payment

$849/ monthly

loan $155,920

25-year amortization

down payment20% · $38,98020%+ 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: $98,828
land title fees: $455; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $39,435; down + land title fees
total paid: $254,748

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: −$114/mo
cap rate: 4.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $849 · strata $702 · 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

Queen Mary Park, EdmontonGoogle Maps ↗

Rapid transit: MacEwan LRT station, 800 m (about 13 min walk); Kingsway/Royal Alex LRT station, 1.2 km (about 19 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 John A McDougallhomes in this catchment
24577.3 km away · 10930 - 107 Street NW, Edmonton · (780) 426-0205 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24576.9 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24577.6 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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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