#204 534 Watt Bv SW

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$204,995

#204 534 Watt Bv SW

Walker, Edmonton · MLS® E4513181

808 sq ft · Condo · Single Family · built 2012 · 9 days on market

listed by Jeremy Samuel, MaxWell Polaris

realtor's description

Welcome to Walker Lake Landing in the community of Walker in South Edmonton! This second-floor condo offers two bedrooms and two full bathrooms. Everyday convenience is close to home: Sobeys, Superstore and Walmart are all nearby, and Corpus Christi Catholic Elementary/Junior High School and Walker Park are a short walk away. A bus stop sits at the corner of Watt Blvd & Welsh Drive, and drivers will appreciate quick access to Ellerslie Road and Anthony Henday Drive. Whether you’re buying your first home or adding to your portfolio, this location makes daily life simple.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 808 sq ft
parking: 0
year built: 2012
strata fee: $448 / mo ($0.55 / sq ft)
days on market: 9
MLS®: E4513181

features

No Animal Home
No Smoking Home
Refrigerator
Gas stove(s)
Dishwasher
Washer/Dryer Stack-Up

monthly cost

$1,341/mo

Mortgage $893 · Strata $448

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

estimated payment

$893/ monthly

loan $163,996

25-year amortization

down payment20% · $40,99920%+ 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: $103,947
land title fees: $470; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $41,469; down + land title fees
total paid: $267,943

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: $96/mo
cap rate: 5.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $893 · strata $448 · 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

location

Walker, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Ellersliehomes in this catchment
24543.9 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Middle K to Gr 9 Ellersliehomes in this catchment
24543.9 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24545.8 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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