20247 16 Avenue NW

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$330,000

20247 16 Avenue NW

Stillwater, Edmonton · MLS® E4506771

1,331 sq ft · Townhouse · Single Family · built 2021 · 51 days on market

listed by Arnold Oliveros, Exp Realty

realtor's description

NO CONDO FEE! Welcome to this well-maintained 2021-built attached home in the established and desirable community of Stillwater. This beautiful home has been thoughtfully cared for and still feels fresh and almost brand new. The main floor offers a bright and functional living space, while the second floor features 2 spacious bedrooms, 2 full bathrooms, and a half bathroom. Enjoy your morning coffee or unwind in the evening on the private second-floor balcony. The home also comes with a single attached garage, providing secure parking and additional storage space. With its modern construction, low-maintenance lifestyle, this property is an excellent opportunity for first-time home buyers, young families, or investors looking for a great addition to their portfolio. Located in the well-developed community of Stillwater, you'll enjoy a growing neighbourhood with convenient access to amenities, public transportation, grocery, parks, walking paths, schools, and major roadways.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 3
living area: 1,331 sq ft
parking: 0
year built: 2021
days on market: 51
MLS®: E4506771

features

See remarks
Washer
Refrigerator
Dishwasher
Stove
Dryer

monthly cost

$1,438/mo

Mortgage $1,438

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,438/ monthly

loan $264,000

25-year amortization

down payment20% · $66,00020%+ 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: $167,334
land title fees: $695; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $66,695; down + land title fees
total paid: $431,334

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: −$141/mo
cap rate: 4.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,438 · insurance ~$175 · 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