#218 12838 65 ST NW

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$110,000

#218 12838 65 ST NW

Belvedere, Edmonton · MLS® E4513047

785 sq ft · Condo · Single Family · built 2004 · 10 days on market

listed by Tyler Suchan, REMAX River City

realtor's description

Handyman Special! 2 beds, 2 baths, 1 underground titled parking stall, in a nice corner with a private balcony! Such potential for an investor or buyer looking to put in some sweat equity. The property could be considered livable for some people. Great price given other sales in the complex. The moment you walk in you have a nice storage room with laundry and closets, the hallway leads to the kitchen and open concept living/dining area. Bedrooms are split (not sharing a wall) and each with their own full bathroom. Being a corner unit and next to the staircase you do not share any bedroom walls with other units, besides floor and ceiling of coarse. There is a large fitness room on the main floor and you can also rent storage lockers (pending approval) from the condo board. Condo fees include heat and water. Building is close to LRT, public transport, shopping, Yellowhead and more. What an opportunity! Property and appliances to be accepted as is/where is

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 785 sq ft
parking: 0
year built: 2004
strata fee: $562 / mo ($0.72 / sq ft)
days on market: 10
MLS®: E4513047

features

Corner Site
Lane
Refrigerator
Dishwasher
Stove
Microwave Range Hood Combo

monthly cost

$1,041/mo

Mortgage $479 · Strata $562

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

estimated payment

$479/ monthly

loan $88,000

25-year amortization

down payment20% · $22,00020%+ 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: $55,778
land title fees: $300; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $22,300; down + land title fees
total paid: $143,778

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: $396/mo
cap rate: 9.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $479 · strata $562 · 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

Belvedere, EdmontonGoogle Maps ↗

Rapid transit: Belvedere LRT station, 600 m (about 9 min walk); Coliseum LRT station, 2.1 km (about 33 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Balwinhomes in this catchment
24577.7 km away · 7055 - 132 Avenue NW, Edmonton · (780) 475-3646 · website
Middle K to Gr 9 Balwinhomes in this catchment
24577.7 km away · 7055 - 132 Avenue NW, Edmonton · (780) 475-3646 · website
Secondary Gr 10-12 M E LaZertehomes in this catchment
24578.4 km away · 6804 - 144 Avenue NW, Edmonton · (780) 408-9800 · 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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