2554 79 ST NW

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$214,900

2554 79 ST NW

Meyonohk, Edmonton · MLS® E4512482

1,018 sq ft · 241 m² lot · Townhouse · Single Family · built 1980 · 15 days on market

listed by Gurinder Grewal, MaxWell Polaris

realtor's description

Springvale. Beautiful end unit right next to the park and school. Fenced backyard with unistone patio facing an open park. laminate and tile flooring on the main floor and carpet in the bedrooms. Excellent basement development. Neutral decor. Quite complex next to Meyonohk Elem School. Very clean and bright. One of the best unit.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,018 sq ft
lot: 241 m²
parking: 0
year built: 1980
strata fee: $335 / mo ($0.33 / sq ft)
days on market: 15
MLS®: E4512482

features

See remarks
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$224,500

2026 assessment · market value as of July 1, 2025

Up 16.3% from $193,000 in 2025
$216,500 in 2016 (4% over ten years)
Asking price is 4% below the assessment
Built 1980
Lot 241 m² (2,595 sq ft)
Floor area on the roll 1,066 sq ft

roll year	assessed
2026	$224,500
2025	$193,000
2024	$175,500
2023	$175,000
2022	$171,000
2021	$172,000
2020	$182,500
2019	$192,000

From City of Edmonton open data (property assessments), matched to 2554 79 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $2,326 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.

monthly cost

$1,271/mo

Mortgage $936 · Strata $335

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

estimated payment

$936/ monthly

loan $171,920

25-year amortization

down payment20% · $42,98020%+ 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: $108,970
land title fees: $490; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $43,470; down + land title fees
total paid: $280,890

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: $1,880/mo
after all costs: $283/mo
cap rate: 6.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $936 · strata $335 · insurance ~$175 · 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

location

Meyonohk, EdmontonGoogle Maps ↗

Rapid transit: Grey Nuns LRT station, 1.5 km (about 23 min walk); Mill Woods LRT station, 1.6 km (about 25 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Meyonohkhomes in this catchment
24552.1 km away · 1850 Lakewood Road South NW, Edmonton · (780) 463-7627 · website
Middle Gr 7-9 Dan Knotthomes in this catchment
24551.5 km away · 1434 - 80 Street NW, Edmonton · (780) 462-7954 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24552.0 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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