#228 10531 117 ST NW

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

rent

$1,600/mo

after all costs

−$95/mo

cap rate

4.8%

yearly net rent ÷ price

Costs: mortgage $1,111 · strata $421 · 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

• Elementary K to Gr 6 John A McDougallhomes in this catchment

  24577.0 km away · 10930 - 107 Street NW, Edmonton · (780) 426-0205 · website

• Elementary K to Gr 12 Victoriahomes in this catchment

  24576.5 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website

• Middle Gr 7-9 Spruce Avenuehomes in this catchment

  24577.3 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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.