#212 2620 Mill Woods Rd E NW

Weinlos, Edmonton · MLS® E4492498

871 sq ft · Condo · Single Family · built 1981 · 138 days on market

listed by Prateek Goel, MaxWell Polaris

realtor's description

WELCOME TO THIS BRIGHT, SPACIOUS & WELL MAINTAINED 2-BEDROOM CONDO. Perfect for first-time buyers, downsizers or investors, this move-in-ready home offers EXCEPTIONAL VALUE in a highly sought-after location. Step inside to discover a clean, modern living space featuring NO CARPET, NEWER VINYL PLANK FLOORING and FRESHER PAINT throughout, creating a stylish and low-maintenance environment. The functional layout provides comfortable living and plenty of natural light, while the private balcony offers the perfect spot to unwind and enjoy BEAUTIFUL SUNSET VIEWS. Ideally located within walking distance to schools, the Sikh Temple, public transit, grocery stores, shopping, restaurants, and everyday amenities, this home delivers outstanding convenience for any lifestyle. Pride of ownership is evident throughout, as this unit has been lovingly maintained and occupied by the original owner since day one. This condo is an affordable place to call home or a solid investment property with strong rental appeal.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 871 sq ft
parking: 0
year built: 1981
strata fee: $528 / mo ($0.61 / sq ft)
days on market: 138
MLS®: E4492498

features

Flat site
No Animal Home
No Smoking Home
Refrigerator
Dishwasher
Stove

property tax

about $1,293 a year

The asking price 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,072/mo

Mortgage $544 · Strata $528

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

estimated payment

$544/ monthly

loan $99,840

25-year amortization

down payment20% · $24,96020%+ 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: $63,282
land title fees: $325; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $25,285; down + land title fees
total paid: $163,122

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: $365/mo
cap rate: 8.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $544 · strata $528 · 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

location

Weinlos, EdmontonGoogle Maps ↗

Rapid transit: Mill Woods LRT station, 1.5 km (about 23 min walk); Grey Nuns LRT station, 1.8 km (about 28 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Weinloshomes in this catchment
24548.6 km away · 2911 - 48 Street NW, Edmonton · (780) 462-5261 · website
Middle Gr 7-9 Kate Chegwinhomes in this catchment
24548.7 km away · 3119 - 48 Street NW, Edmonton · (780) 469-0470 · website
Secondary Gr 10-12 W P Wagnerhomes in this catchment
24552.2 km away · 6310 Wagner Road NW, Edmonton · (780) 469-1315 · 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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