#209 1144 Adamson Dr SW

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$245,555

#209 1144 Adamson Dr SW

Allard, Edmonton · MLS® E4507977

222

849 sq ft · Condo · Single Family · built 2014 · 44 days on market

listed by Mashal Vazir Muhammad, Exp Realty

realtor's description

What a deal! 2 bedrooms, 2 bathrooms, heated storage + TWO PARKING stalls (1 UG & 1 upstairs energized stall). Incredible value meets modern luxury in prestigious Allard! This stunning, sunlit 2-bed, 2-bath condo features an intelligent split-bedroom layout for ultimate privacy and an open-concept kitchen with sleek quartz countertops, stainless steel appliances, and a breakfast bar to complement. The bright, open living area flows seamlessly onto your private covered balcony, creating the perfect setup for entertaining friends. Exceptional bonus perks include low condo fees, two titled parking stalls (underground and surface), in-suite laundry, and a secure heated storage locker! Plus, enjoy premium building amenities like a vibrant social room and a dedicated guest suite for visitors. Located in one of Southwest Edmonton’s most desirable communities, you are just minutes away from beautiful Blackmud Creek trails, top schools, great shopping, the Anthony Henday, and the QE2.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 849 sq ft
parking: 2
year built: 2014
strata fee: $447 / mo ($0.53 / sq ft)
days on market: 44
MLS®: E4507977

features

See remarks
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$229,000

2026 assessment · market value as of July 1, 2025

Up 11.2% from $206,000 in 2025
$241,000 in 2016 (-5% over ten years)
Asking price is 7% above the assessment
Built 2014
Lot 71 m² (765 sq ft)
Floor area on the roll 859 sq ft

roll year	assessed
2026	$229,000
2025	$206,000
2024	$188,000
2023	$186,000
2022	$202,000
2021	$195,000
2020	$202,000
2019	$210,000

From City of Edmonton open data (property assessments), matched to #209 1144 ADAMSON 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 $2,373 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

$1,517/mo

Mortgage $1,070 · Strata $447

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

estimated payment

$1,070/ monthly

loan $196,444

25-year amortization

down payment20% · $49,11120%+ 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: $124,514
land title fees: $550; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $49,661; down + land title fees
total paid: $320,958

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: $1,600/mo
after all costs: −$80/mo
cap rate: 4.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,070 · strata $447 · 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