Albany, Edmonton · MLS® E4509897
222
822 sq ft · Condo · Single Family · built 2013 · 32 days on market
listed by Jaspreet Sehgal, RE/MAX Excellence
Discover comfortable condo living in Albany with this bright 2-BEDROOM, 2-BATHROOM home offering 2 PARKING STALLS, including one heated underground stall and one outdoor stall. The unit features an open layout with laminate flooring, a functional kitchen with ample cabinetry, a large island, and a computer nook that can be used as a home office or study area. The living room provides access to a spacious south-facing balcony. The primary bedroom includes a large window, walk-in closet, and access to a 4-piece bathroom, while the second bedroom is conveniently located near the additional 4-piece bathroom. In-suite laundry adds everyday convenience. The building is located directly across from a bus stop and within walking distance of Albany Square and Newcastle Shopping Centre, offering a variety of major retailers, restaurants, coffee shops, a gym, gas station, and other everyday amenities. Easy access to Anthony Henday Drive makes commuting throughout Edmonton convenient.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $871 · strata $415 · 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
24594.4 km away · 16230 - 103 Street NW, Edmonton · (780) 456-4488 · website
24594.5 km away · 16315 - 109 Street NW, Edmonton · (780) 476-1480 · website
24592.0 km away · 13546 - 111 Avenue NW, Edmonton · (780) 448-5000 · 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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$185,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $185,000 |
| 2025 | $176,000 |
| 2024 | $152,500 |
| 2023 | $152,500 |
| 2022 | $159,500 |
| 2021 | $163,500 |
| 2020 | $164,500 |
| 2019 | $174,500 |
From City of Edmonton open data (property assessments), matched to #229 504 ALBANY WAY NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,917 a year
The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Walkability 58/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 2 places to eat or drink, 3 parks and playgrounds, 1 pharmacy, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.