#208B, 5611 9 Avenue

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$79,900

#208B, 5611 9 Avenue

Edson · MLS® A2350401

321

987 sq ft · Condo · Single Family · built 1978 · 17 days on market

listed by RHODA HAUK, CENTURY 21 TWIN REALTY

realtor's description

Well priced 3 bedroom, 1.5 bath condo in the Mountain Vista Condominiums! You'll appreciate the onsite management, security cameras, north facing balcony, and a main level laundry room with upgraded Coinamatic card operated machines. The unit comes with one powered parking stall conveniently located right in front of the building entrance. Condo fees include your water, heat, garbage, some insurance and reserve fund study contributions. A great investment opportunity or an ideal starter home!

property details

type: Condo, Single Family
bedrooms: 3
bathrooms: 2
living area: 987 sq ft
parking: 1
year built: 1978
property tax: $815 / yr
strata fee: $580 / mo ($0.59 / sq ft)
strata rules: Pets not Allowed
days on market: 17
MLS®: A2350401

features

No Animal Home
No Smoking Home
Parking
Golf Course Development
Pets not Allowed
Refrigerator

property tax

about $833 a year

The asking price times Edson's 2026 residential rate of 10.42 per $1,000 (municipal and education).

The listing shows $815 a year in property tax.

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

$996/mo

Mortgage $348 · Tax $68 · Strata $580

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

estimated payment

$348/ monthly

loan $63,920

25-year amortization

down payment20% · $15,98020%+ 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: $40,515
land title fees: $245; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $16,225; down + land title fees
total paid: $104,435

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: $1,910/mo
after all costs: $726/mo
cap rate: 16.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $348 · tax $68 · strata $580 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Alberta: CMHC's average there ($1,848) raised by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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