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$224,900

#217 3207 James Mowatt Tr SW SW

Allard, Edmonton · MLS® E4513294

221

768 sq ft · Condo · Single Family · built 2016 · 8 days on market

listed by Irina Mierzewski, MaxWell Polaris

realtor's description

Bright and functional 2-bedroom, 2-bath condo in Allard offering 769.85 sq ft of living space. Extensively updated in 2026, featuring NEW white marble-look vinyl tile flooring in the kitchen, entryway, walk-in closet, and both bathrooms. The kitchen boasts NEW cabinet doors, handles, a NEW faucet, and smart APPLIANCES (refrigerator, electric stove, dishwasher, and microwave with range hood) controllable via iPhone/Android. Additional upgrades include NEW light fixtures and switches, bedroom dimmer switches, NEW plumbing fixtures, toilet flushing mechanisms, exhaust fans, gold-tone door hinges and hardware, and living room/bedroom curtain rods. Private Balcony and A titled underground parking stall (#195). Turnkey option available as well - with fully furnished and decorated.Quick possession.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 768 sq ft
parking: 1
year built: 2016
strata fee: $453 / mo ($0.59 / sq ft)
days on market: 8
MLS®: E4513294

features

Park/reserve
No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher

monthly cost

$1,433/mo

Mortgage $980 · Strata $453

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

estimated payment

$980/ monthly

loan $179,920

25-year amortization

down payment20% · $44,98020%+ 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: $114,040
land title fees: $505; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $45,485; down + land title fees
total paid: $293,960

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: $4/mo
cap rate: 5.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $980 · strata $453 · 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

Allard, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Dr. Lila Fahlmanhomes in this catchment
24549.0 km away · 680 Allard Boulevard SW, Edmonton · (587) 489-4710 · website
Middle K to Gr 9 Dr. Lila Fahlmanhomes in this catchment
24549.0 km away · 680 Allard Boulevard SW, Edmonton · (587) 489-4710 · website
Secondary Gr 10-12 Dr Anne Andersonhomes in this catchment
200 m away · 11810 35 Avenue SW, Edmonton

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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