#205 5816 Mullen Pl NW

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$215,000

#205 5816 Mullen Pl NW

MacTaggart, Edmonton · MLS® E4504568

322

835 sq ft · Condo · Single Family · built 2016 · 66 days on market

listed by Paul Lamba, MaxWell Polaris

realtor's description

AMAZING & DESIRABLE LOCATION, $ COMPARE & SAVE $ , 3 BEDS! 2 FULL BATHS! 2 TITLED PARKING STALLS! PET FRIENDLY! Only 5 min Walk to: Freson Bros., Shoppers, Your Favourite Restaurants, Coffee Shop and more... Welcome to MacTaggart Ridge Gate in SW Edmonton! This well-maintained condo offers a bright, open layout... The kitchen features GRANITE countertops, stainless steel appliances & plenty of cabinet space. The primary bedroom fits a KING bed & includes a walk-through closet to the private 3-pc ensuite with walk-in shower. The 2nd bath features a deep SOAKER TUB, plus enjoy convenient IN-SUITE LAUNDRY. Relax on the large SE-facing BALCONY with your morning coffee or evening wine. You also get 2 PARKING STALLS, including secured UNDERGROUND PARKING, plus elevator access. Minutes to Freson Bros., Terwillegar Rec Centre, Leger Transit Centre, schools, restaurants, shopping, golf & Anthony Henday. Perfect for a First-Time Buyer, Downsizer or Investor. Welcome home!

property details

type: Condo, Single Family
bedrooms: 3
bathrooms: 2
living area: 835 sq ft
parking: 2
year built: 2016
strata fee: $485 / mo ($0.58 / sq ft)
days on market: 66
MLS®: E4504568

features

See remarks
Flat site
Level
Refrigerator
Dishwasher
Stove

monthly cost

$1,421/mo

Mortgage $937 · Strata $485

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

estimated payment

$937/ monthly

loan $172,000

25-year amortization

down payment20% · $43,00020%+ 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: $109,020
land title fees: $490; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $43,490; down + land title fees
total paid: $281,020

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: $1,880/mo
after all costs: $273/mo
cap rate: 6.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $937 · strata $485 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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

MacTaggart, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Nellie Carlsonhomes in this catchment
24558.6 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
Middle K to Gr 9 Nellie Carlsonhomes in this catchment
24558.6 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
Secondary Gr 10-12 Lillian Osbornehomes in this catchment
24560.3 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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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