#28 2508 Hanna Cr NW

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$188,900

#28 2508 Hanna Cr NW

Haddow, Edmonton · MLS® E4501714

989 sq ft · 223 m² lot · Townhouse · Single Family · built 2005 · 85 days on market

listed by Duane Ritter, RE/MAX Real Estate

realtor's description

2 bedroom, 1 bath, top floor, with single detached garage. *Please note* property is sold “as is where is at time of possession”. No warranties or representations.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 1
living area: 989 sq ft
lot: 223 m²
parking: 0
year built: 2005
strata fee: $371 / mo ($0.38 / sq ft)
days on market: 85
MLS®: E4501714

features

See remarks
See remarks

city assessment

$231,000

2026 assessment · market value as of July 1, 2025

Up 18.5% from $195,000 in 2025
$226,500 in 2016 (2% over ten years)
Asking price is 18% below the assessment
Built 2005
Lot 223 m² (2,403 sq ft)
Floor area on the roll 960 sq ft

roll year	assessed
2026	$231,000
2025	$195,000
2024	$189,500
2023	$185,500
2022	$182,500
2021	$186,000
2020	$196,500
2019	$205,500

From City of Edmonton open data (property assessments), matched to #28 2508 HANNA CRESCENT 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 $2,394 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

$1,194/mo

Mortgage $823 · Strata $371

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

estimated payment

$823/ monthly

loan $151,120

25-year amortization

down payment20% · $37,78020%+ 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: $95,786
land title fees: $445; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $38,225; down + land title fees
total paid: $246,906

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: $103/mo
cap rate: 5.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $823 · strata $371 · insurance ~$175 · 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