Garneau, Edmonton · MLS® E4511729
22
1,047 sq ft · Condo · Single Family · built 1992 · 20 days on market
listed by Sally Munro, Century 21 Masters
Location Location Location in Garneau. Quiet tree lined street & walking distance to Whyte Avenue, U of A & Hospital. 2 beds 2 baths 1 surface covered stall. Well managed and maintained. Walk to restaurants & a vibrant night life where shopping & all amenities are close by. Transportation to downtown, NAIT, MacEwan University & the University of Alberta! This bright corner unit natural light lots of windows large balcony. newer laminate flooring throughout, updated kitchen new backsplash, new dishwasher & fridge. The lovely 2 bedroom, 2 bath condo with corner gas fireplace, in-suite laundry & covered parking is the perfect investment in the area. The west facing balcony nestled in Garneau with ' towering trees. move in ready quick possession available. Be quick. Ownership is the best investment.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $915 · strata $860 · 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
Catchment schools, Edmonton Public Schools
24570.5 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
24569.2 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · 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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Rapid transit: University LRT station, 1 km (about 15 min walk); Health Sciences/Jubilee LRT station, 1.1 km (about 18 min walk).
$264,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $264,500 |
| 2025 | $263,000 |
| 2024 | $251,000 |
| 2023 | $254,500 |
| 2022 | $266,500 |
| 2021 | $243,000 |
| 2020 | $236,500 |
| 2019 | $246,000 |
From City of Edmonton open data (property assessments), matched to #203 8503 108 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,741 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.
Rapid transit: University LRT station, 1 km (about 15 min walk); Health Sciences/Jubilee LRT station, 1.1 km (about 18 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 44 places to eat or drink, 9 cafes, 10 parks and playgrounds, 3 schools, 3 pharmacies, 28 transit stops.
mihom score from OpenStreetMap places, by straight line distance.