#203 10842 107 ST NW

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$85,000

#203 10842 107 ST NW

Central Mcdougall, Edmonton · MLS® E4499316

111

725 sq ft · Condo · Single Family · built 1980 · 100 days on market

listed by Frank Vanderbleek, Royal LePage Noralta Real Estate

realtor's description

Ideal investment opportunity in Crestmark Place with tenant in place, on this one bedroom, one full bath 2nd floor apartment condominium in a great central location with easy access to Public Transit, Downtown, Kingsway Garden, Mall, Royal Alex, NAIT and so much more. The floor plan has a large living room room with direct access to the west balcony, the dining area also has a west window and there is a galley style kitchen with three full sized appliances. The primary bedroom is well sized and has ample closet space. The four piece bath is located just off the bedroom. There is also a large storage closet within the suite. There is one assigned and energized parking stall and laundry is located on the same floor down the hall. Quiet and well maintained building.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 725 sq ft
parking: 1
year built: 1980
strata fee: $438 / mo ($0.60 / sq ft)
days on market: 100
MLS®: E4499316

features

No Smoking Home
Public Swimming Pool
Refrigerator
Stove

city assessment

$72,000

2026 assessment · market value as of July 1, 2025

Up 5.1% from $68,500 in 2025
$101,000 in 2016 (-29% over ten years)
Asking price is 18% above the assessment
Built 1980
Lot 91 m² (983 sq ft)
Floor area on the roll 721 sq ft

roll year	assessed
2026	$72,000
2025	$68,500
2024	$83,500
2023	$88,500
2022	$88,500
2021	$93,000
2020	$86,000
2019	$91,500

From City of Edmonton open data (property assessments), matched to #203 10842 107 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 $746 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

$808/mo

Mortgage $370 · Strata $438

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

estimated payment

$370/ monthly

loan $68,000

25-year amortization

down payment20% · $17,00020%+ 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: $43,101
land title fees: $255; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $17,255; down + land title fees
total paid: $111,101

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: $353/mo
cap rate: 10.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $370 · strata $438 · 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