#206 111 Ambleside Dr SW

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$169,900

#206 111 Ambleside Dr SW

Ambleside, Edmonton · MLS® E4510177

577 sq ft · Condo · Single Family · built 2011 · 30 days on market

listed by Yue Wang, Century 21 Leading

realtor's description

Welcome to low-maintenance living in the highly sought-after community of Ambleside in Windermere! This charming 1-bedroom, 1-bathroom condo offers a functional layout, private balcony, maple cabinetry, quality countertops, and the added convenience of heated underground parking. With condo fees of just $374/month, this is an excellent opportunity for first-time buyers, investors, or anyone looking for an affordable home in a highly desirable location. Enjoy being just minutes from Currents of Windermere, offering an exceptional selection of shopping, restaurants, groceries, services, and entertainment. With easy access to transit, schools, parks, and major roadways, everything you need is close by. Why rent when you can own and enjoy the comfort, convenience, and security of underground parking?

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 577 sq ft
parking: 0
year built: 2011
strata fee: $375 / mo ($0.65 / sq ft)
days on market: 30
MLS®: E4510177

features

See remarks
Dishwasher
Stove
Microwave Range Hood Combo
Window Coverings
Washer/Dryer Stack-Up

city assessment

$149,500

2026 assessment · market value as of July 1, 2025

Up 9.1% from $137,000 in 2025
$168,500 in 2016 (-11% over ten years)
Asking price is 14% above the assessment
Built 2011
Lot 24 m² (253 sq ft)
Floor area on the roll 581 sq ft

roll year	assessed
2026	$149,500
2025	$137,000
2024	$119,000
2023	$121,000
2022	$122,000
2021	$126,000
2020	$130,500
2019	$141,000

From City of Edmonton open data (property assessments), matched to #206 111 AMBLESIDE DRIVE SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,549 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.

monthly cost

$1,115/mo

Mortgage $740 · Strata $375

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

estimated payment

$740/ monthly

loan $135,920

25-year amortization

down payment20% · $33,98020%+ 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: $86,151
land title fees: $410; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $34,390; down + land title fees
total paid: $222,071

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: $1,300/mo
after all costs: $46/mo
cap rate: 5.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $740 · strata $375 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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