Newton, Edmonton · MLS® E4511999
211
873 sq ft · Condo · Single Family · built 1981 · 18 days on market
listed by Nathan Aung-Chen, MaxWell Polaris
Welcome to Ada Place! Exceptional value and convenience in this spacious 2-bed, 1 full bath condo , ideally located along 118 Ave NW. Move-in ready, this unit is ideal for first-time buyers, investors, or downsizers! PROPERTY HIGHLIGHTS: • Bright open layout featuring a large living room that opens onto a private balcony. • 2 spacious bedrooms, full 4-pc bath, and excellent storage space. • Heated, secure underground parking PLUS ample visitor parking. • Secure building entry system and clean laundry facilities on each floor of the building. • Condo fees INCLUDE HEAT AND WATER for easy budgeting! UNBEATABLE CONVENIENCE: • Commercial space downstairs with a daycare, bakery, convenience and groceries store right in the building! • Bus stop directly in front of the building for effortless transit across Edmonton. • Close to local parks, schools, shopping, and quick routes downtown. Turnkey property!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $632 · strata $432 · 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
Catchment schools, Edmonton Public Schools
24572.5 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
24572.5 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
24572.7 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · 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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Rapid transit: Belvedere LRT station, 2.1 km (about 32 min walk); Coliseum LRT station, 2.3 km (about 36 min walk).
$85,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $85,000 |
| 2025 | $86,000 |
| 2024 | $94,500 |
| 2023 | $100,000 |
| 2022 | $103,500 |
| 2021 | $108,000 |
| 2020 | $109,500 |
| 2019 | $117,500 |
From City of Edmonton open data (property assessments), matched to #212 5316 118 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $881 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.
nothing comparable on the market right now.
Rapid transit: Belvedere LRT station, 2.1 km (about 32 min walk); Coliseum LRT station, 2.3 km (about 36 min walk).
Walkability 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 3 places to eat or drink, 2 cafes, 10 parks and playgrounds, 2 schools, 1 pharmacy, 32 transit stops.
mihom score from OpenStreetMap places, by straight line distance.