#27 11245 31 AV NW

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$99,900

#27 11245 31 AV NW

Sweet Grass, Edmonton · MLS® E4513783

212

769 sq ft · Condo · Single Family · built 1977 · 3 days on market

listed by Kimberly Graham, REMAX River City

realtor's description

Welcome to Sweet Grass! This recently renovated 2 bedroom, 1 bathroom condo offers a fresh, inviting space with thoughtful updates throughout. Enjoy newer luxury vinyl plank flooring, fresh paint, additional pot lights, and a newer thermostat. Galley style kitchen features stainless steel appliances and updated counters. Custom shoe rack in the front closet adds practical storage and organization. Also features a large in-suite storage room & DBL TANDEM PARKING STALL. West facing courtyard views provide a peaceful view & afternoon sunshine. Residents enjoy access to great amenities, including an indoor pool, fitness centre, common laundry facilities & on site evening security. Investors will appreciate the option to participate in the complex's rental pool program. Ideally located near several schools, shopping, public transportation, everyday services & major commuter routes - this condo offers convenience & accessibility. This move-in-ready home is a great opportunity in an established neighbourhood!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 769 sq ft
parking: 2
year built: 1977
strata fee: $679 / mo ($0.88 / sq ft)
days on market: 3
MLS®: E4513783

features

No back lane
Closet Organizers
No Smoking Home
Refrigerator
Dishwasher
Stove

monthly cost

$1,114/mo

Mortgage $435 · Strata $679

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

estimated payment

$435/ monthly

loan $79,920

25-year amortization

down payment20% · $19,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $50,656
land title fees: $280; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $20,260; down + land title fees
total paid: $130,576

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: $323/mo
cap rate: 9.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $435 · strata $679 · 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

Sweet Grass, EdmontonGoogle Maps ↗

Rapid transit: Century Park LRT station, 700 m (about 12 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Sweet Grasshomes in this catchment
24560.1 km away · 11351 - 31 Avenue NW, Edmonton · (780) 437-0366 · website
Middle Gr 7-9 Vernon Barfordhomes in this catchment
24561.2 km away · 32 Fairway Drive NW, Edmonton · (780) 413-2211 · website
Secondary Gr 10-12 Harry Ainlayhomes in this catchment
24560.8 km away · 4350 - 111 Street NW, Edmonton · (780) 413-2700 · 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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