Downtown (Edmonton), Edmonton · MLS® E4512294
22
972 sq ft · Condo · Single Family · built 1968 · 16 days on market
listed by Joshua Currie, MaxWell Challenge Realty
Experience downtown living at Cambridge Lofts! This large loft-style condo offers 2 bedrooms, 2 full bathrooms and an open-concept layout with soaring 10-foot ceilings and a large skylight that fills the space with natural light. The generous living and dining areas provide plenty of room to relax or entertain, while the functional kitchen and in-suite laundry add everyday convenience. Located in the heart of Edmonton's downtown, Cambridge Lofts offers direct indoor access to Central LRT Station and the downtown pedway system, making commuting to the U of A, NAIT and MacEwan University easy. Step outside and enjoy restaurants, cafés, shopping, Rogers Place, the ICE District, Churchill Square and the river valley, all within walking distance. With Airbnb-friendly policies, this is an excellent opportunity for first-time buyers, students, professionals or investors looking for a spacious downtown property at an attractive price!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $653 · strata $1,018 · 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
24573.8 km away · 9520 - 111 Avenue NW, Edmonton · (780) 477-1002 · website
24573.6 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
24574.3 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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: Central LRT station, 100 m (about 1 min walk); 102 Street LRT station, 300 m (about 4 min walk).
$163,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $163,500 |
| 2025 | $180,500 |
| 2024 | $202,500 |
| 2023 | $200,500 |
| 2022 | $214,500 |
| 2021 | $224,500 |
| 2020 | $239,500 |
| 2019 | $250,500 |
From City of Edmonton open data (property assessments), matched to #206 10024 JASPER AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,694 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: Central LRT station, 100 m (about 1 min walk); 102 Street LRT station, 300 m (about 4 min walk).
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 93 places to eat or drink, 21 cafes, 17 parks and playgrounds, 1 school, 4 pharmacies, 67 transit stops.
mihom score from OpenStreetMap places, by straight line distance.