#203 5521 7 AV SW

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$164,900

#203 5521 7 AV SW

Charlesworth, Edmonton · MLS® E4504356

112

514 sq ft · Condo · Single Family · built 2014 · 68 days on market

listed by Stephanie Martin-Rawluk, Century 21 Masters

realtor's description

Welcome to this beautifully maintained, 1 bedroom, 1 bathroom condo offering comfort, convenience, and exceptional value. This bright, beautifully renovated home features a spacious kitchen with ample cabinetry, generous counter space, and a functional island overlooking the living areas. The inviting living room is anchored by a cozy fireplace and opens onto a private balcony. The primary suite features a walk-through closet leading to a full ensuite. In-suite laundry and plenty of storage add to the home's everyday convenience. A rare bonus, this unit includes TWO titled parking stalls—one heated underground stall and one surface stall, providing flexibility for multiple vehicles or guests. This is an incredible turnkey opportunity for first-time buyers, professionals, downsizers, or investors looking for a move-in-ready property. Located close to shopping, schools, walking trails, ponds, public transit, and the airport. An unbeatable location & pristine home.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 514 sq ft
parking: 2
year built: 2014
strata fee: $396 / mo ($0.77 / sq ft)
days on market: 68
MLS®: E4504356

features

Closet Organizers
No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher

monthly cost

$1,115/mo

Mortgage $718 · Strata $396

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

estimated payment

$718/ monthly

loan $131,920

25-year amortization

down payment20% · $32,98020%+ 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: $83,616
land title fees: $400; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $33,380; down + land title fees
total paid: $215,536

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: $46/mo
cap rate: 5.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $718 · strata $396 · 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

location

Charlesworth, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Ellersliehomes in this catchment
24544.2 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Middle K to Gr 9 Ellersliehomes in this catchment
24544.2 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24546.1 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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