#223 5125 Riverbend Rd NW

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$155,900

#223 5125 Riverbend Rd NW

Brander Gardens, Edmonton · MLS® E4496262

1,085 sq ft · Condo · Single Family · built 1978 · 117 days on market

listed by Shirley Nguyen, Royal Lepage Arteam Realty

realtor's description

Welcome to this spacious 2-bedroom, 2-bathroom condo in the highly desirable Lord Nelson complex in Brander Gardens! Offering over 1,075 sq. ft. of well-designed living space, this bright unit features a functional floor plan, a generous primary bedroom with ensuite and dressing area, a large second bedroom, and a sunny south-facing balcony to enjoy throughout the day. The assigned covered parking stall adds year-round convenience, while the well-managed 18+ building offers excellent amenities and a fantastic Riverbend location. Just minutes from the University of Alberta, transit, shopping, walking trails, parks, and major commuter routes, this is an ideal opportunity for investors or future homeowners. A great opportunity to secure a quality property in one of Edmonton's most sought-after communities.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,085 sq ft
parking: 0
year built: 1978
strata fee: $779 / mo ($0.72 / sq ft)
days on market: 117
MLS®: E4496262

features

Flat site
Refrigerator
Dishwasher
Stove

monthly cost

$1,458/mo

Mortgage $679 · Strata $779

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

estimated payment

$679/ monthly

loan $124,720

25-year amortization

down payment20% · $31,18020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $79,052
land title fees: $385; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $31,565; down + land title fees
total paid: $203,772

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: −$21/mo
cap rate: 5.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $679 · strata $779 · 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

Brander Gardens, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Brander Gardenshomes in this catchment
24570.6 km away · 14865 - 56 Avenue NW, Edmonton · (780) 436-6740 · website
Middle Gr 7-9 Riverbendhomes in this catchment
24570.4 km away · 14820 - 53 Avenue NW, Edmonton · (780) 434-7914 · website
Secondary Lillian Osborne / Strathconahomes in this catchment

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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