2040 Marquis Wy NE

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$329,998

2040 Marquis Wy NE

Marquis, Edmonton · MLS® E4508582

1,169 sq ft · Townhouse · Single Family · built 2026 · 41 days on market

listed by Wally Karout, Royal Lepage Arteam Realty

realtor's description

This is definitely a show stopper and is your opportunity to own this beautiful freehold town home. The Abbey is a total departure from the traditional, designed with contemporary lifestyles and ever-changing family dynamics in mind. You'll find an ultra luxury primary bedroom on the top floor of this plan with an ensuite bathroom. Along with a second bedroom and a second full bathroom. The spacious main floor kitchen offers extra prep space with a large L shaped kitchen. This floor also features the open concept living space. The ground level houses a private a single oversized attached garage, a welcoming foyer with closet space, powder room and an ultra private den / or Bedroom away from the main living space - ideal for a home office, quiet yoga studio or even a guest bedroom. This home includes full landscaping and a fenced front yard. This home is under construction and will be complete in December of 2026 the photos used are from the same layout recently built but the colors may vary

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 3
living area: 1,169 sq ft
parking: 0
year built: 2026
days on market: 41
MLS®: E4508582

features

See remarks
Park/reserve
Public Swimming Pool
See remarks

property tax

about $3,420 a year

The asking price 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,438/mo

Mortgage $1,438

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,438/ monthly

loan $263,998

25-year amortization

down payment20% · $66,00020%+ 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: $167,332
land title fees: $695; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $66,695; down + land title fees
total paid: $431,331

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: −$141/mo
cap rate: 4.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,438 · insurance ~$175 · 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

Marquis, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Horse Hillhomes in this catchment
24579.1 km away · 19355 Meridian Street N.E., Edmonton · (780) 472-6029 · website
Middle Gr 7-9 John D Braccohomes in this catchment
24577.3 km away · 3150 - 139 Avenue NW, Edmonton · (780) 475-1760 · website
Secondary Gr 10-12 M E LaZertehomes in this catchment
24579.0 km away · 6804 - 144 Avenue NW, Edmonton · (780) 408-9800 · 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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