#218 5810 Mullen Pl NW NW

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

rent

$1,880/mo

after all costs

$241/mo

cap rate

6.5%

yearly net rent ÷ price

Costs: mortgage $980 · strata $473 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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

• Elementary K to Gr 9 Nellie Carlsonhomes in this catchment

  24558.7 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website

• Middle K to Gr 9 Nellie Carlsonhomes in this catchment

  24558.7 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website

• Secondary Gr 10-12 Lillian Osbornehomes in this catchment

  24560.3 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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.