#203 12223 82 ST NW
$84,000
#203 12223 82 ST NW
Elmwood Park, Edmonton · MLS® E4511871
211
704 sq ft · Condo · Single Family · built 1968 · 18 days on market
listed by Jeremy Desjardins Guillemette, Exp Realty
realtor's description
INVESTORS & FIRST-TIME BUYERS, TAKE NOTE! Welcome to Regency Court in Elmwood Park! This FULLY RENOVATED 2-bedroom, 1-bathroom CORNER UNIT offers incredible value and opportunity. Bright and inviting, it features modern laminate and tile flooring, a stylish kitchen with stainless steel appliances, built-in dishwasher, contemporary fixtures, fresh paint, custom window coverings, and in-suite storage. Quietly tucked at the back of the building, this east-facing unit offers quick access to Yellowhead Trail, Wayne Gretzky Drive, NAIT, MacEwan University, Downtown, and the River Valley. Building updates include high-tech laundry machines, a newer water heater, and a new surveillance system. A fantastic opportunity to add to your investment portfolio or get into the market! DON'T MISS OUT!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 704 sq ft
- parking
- 1
- year built
- 1968
- strata fee
- $551 / mo ($0.78 / sq ft)
- days on market
- 18
- MLS®
- E4511871
features
- See remarks
- Refrigerator
- Dishwasher
- Stove
- Microwave Range Hood Combo
monthly cost
$917/mo
Mortgage $366 · Strata $551
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- $520/mo
- cap rate
- 12.7%
- yearly net rent ÷ price
Costs: mortgage $366 · strata $551 · 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