#301 7204 81 AV NW
$119,900
#301 7204 81 AV NW
King Edward Park, Edmonton · MLS® E4461225
21
960 sq ft · Condo · Single Family · built 1970 · 383 days on market
listed by Robert Leishman, RE/MAX Excellence
realtor's description
Fantastic opportunity! This 960 sq.ft sunny south facing TOP FLOOR unit in King Edward Park features 2 sizeable bdrms & a 4pc bath. Tucked away on a quiet no thru street in a mature community, this unit combines comfort w/ convenience. Step inside & you’ll be greeted by a spacious foyer w/ an abundance of closet & storage space. The open layout makes everyday living easy featuring a large living rm filled w/ natural light, a dedicated dining area & a functional bright white kitchen. With hard surface flooring throughout there’s no carpet to worry about making the home stylish & low maintenance. The 2 generous bdrms provide flexibility for a home office or guest space. Perfectly located, this condo is just minutes from shopping, restaurants, schools & public transit. With quick & easy access to Whyte Ave, U of A & all major routes, commuting anywhere in the city is a breeze. Whether you’re a first-time home buyer, student looking for a convenient location or an investor, this condo has a ton to offer!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 960 sq ft
- parking
- 0
- year built
- 1970
- strata fee
- $581 / mo ($0.61 / sq ft)
- days on market
- 383
- MLS®
- E4461225
features
- No Smoking Home
- Refrigerator
- Stove
monthly cost
$1,103/mo
Mortgage $522 · Strata $581
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- $334/mo
- cap rate
- 8.6%
- yearly net rent ÷ price
Costs: mortgage $522 · strata $581 · 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
King Edward Park, EdmontonGoogle Maps ↗
Rapid transit: Bonnie Doon LRT station, 1.2 km (about 18 min walk); Avonmore LRT station, 1.4 km (about 22 min walk).
schools
Catchment schools, Edmonton Public Schools
- Elementary K to Gr 9 Avonmorehomes in this catchment
24562.8 km away · 7835 - 76 Avenue NW, Edmonton · (780) 466-2976 · website
- Middle Gr 7-9 Kenilworthhomes in this catchment
24563.2 km away · 7005 - 89 Avenue NW, Edmonton · (780) 466-2104 · website
- Secondary Gr 10-12 McNallyhomes in this catchment
24565.5 km away · 8440 - 105 Avenue NW, Edmonton · (780) 469-0442 · 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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