#206 860 Secord Bv NW

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$169,900

#206 860 Secord Bv NW

Secord, Edmonton · MLS® E4511715

564 sq ft · Condo · Single Family · built 2022 · 21 days on market

listed by Tushar Bhutani, Century 21 Quantum Realty

realtor's description

Welcome to this beautifully designed 1-bedroom, 1-bathroom condo featuring the sought-after Lykke floor plan by StreetSide Developments. Offering approximately 565 sq. ft. of thoughtfully designed living space, this modern unit showcases stylish vinyl plank flooring, quartz countertops throughout, stainless steel kitchen appliances, and contemporary two-tone cabinetry. The open-concept layout maximizes space and functionality, creating a bright and inviting atmosphere perfect for first-time buyers, downsizers, or investors. Enjoy low-maintenance living in a vibrant community with convenient access to shopping, dining, parks, walking trails, and major commuter routes. An excellent opportunity to own a modern home with quality finishes and exceptional value.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 564 sq ft
parking: 0
year built: 2022
strata fee: $277 / mo ($0.49 / sq ft)
days on market: 21
MLS®: E4511715

features

See remarks
See remarks

city assessment

$175,500

2026 assessment · market value as of July 1, 2025

Up 6.4% from $165,000 in 2025
Asking price is 3% below the assessment
Built 2022
Lot 91 m² (976 sq ft)
Floor area on the roll 515 sq ft

roll year	assessed
2026	$175,500
2025	$165,000
2024	$147,500

From City of Edmonton open data (property assessments), matched to #206 860 SECORD BOULEVARD NW. 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 $1,819 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

$1,017/mo

Mortgage $740 · Strata $277

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: $144/mo
cap rate: 6.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $740 · strata $277 · 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

location

Secord, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 David Thomas Kinghomes in this catchment
24590.6 km away · 22707 - 97 Avenue NW, Edmonton · (587) 489-4706 · website
Middle K to Gr 9 David Thomas Kinghomes in this catchment
24590.6 km away · 22707 - 97 Avenue NW, Edmonton · (587) 489-4706 · website
Secondary Gr 10-12 Jasper Placehomes in this catchment
24586.8 km away · 8950 - 163 Street NW, Edmonton · (780) 408-9000 · 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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