#301 9505 77 AV NW

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$169,900

#301 9505 77 AV NW

Ritchie, Edmonton · MLS® E4507574

211

966 sq ft · Condo · Single Family · built 1981 · 47 days on market

listed by Jo Blumenthal, Royal LePage Noralta Real Estate

realtor's description

Ravine Terrace: SPECTACULAR LOCATION on the edge of Millcreek Ravine at the end of a dead-end street. This large 3rd floor, 2 BEDROOM home (quiet/secure/friendly complex) has an east facing BALCONY overlooking the ravine. Great layout with huge potential to update. Galley kitchen (plenty of cabinets/counters/pantry closet). Living room (capped, wood burning fireplace with the possibility for an electric insert) & Dining room windows have ravine views. Primary Bedroom (10’ closet) has a privacy door with access to main 4-piece Bathroom. Bedroom 2 (open closet) has a Murphy bed in a custom oak wall-cabinet. In-suite LAUNDRY. Tri-pane vinyl windows. Energized COVERED parking. Elevator/Intercom/Fob entry & individual Storage units make for comfortable & convenient living. Out the front door to walking/bike trails in the scenic ravine & all the amenities Ritchie community has to offer: Ritchie Market/Plaza, Shopping, Transportation. Easy access to Campus St. Jean/U of A/Downtown. Some images Virtually Staged.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 966 sq ft
parking: 1
year built: 1981
strata fee: $904 / mo ($0.94 / sq ft)
days on market: 47
MLS®: E4507574

features

Treed
Ravine
Lane
No Animal Home
No Smoking Home
Refrigerator

monthly cost

$1,645/mo

Mortgage $740 · Strata $904

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

estimated payment

$740/ monthly

loan $135,920

25-year amortization

down payment20% · $33,98020%+ 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: $86,151
land title fees: $410; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $34,390; down + land title fees
total paid: $222,071

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: −$208/mo
cap rate: 3.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $740 · strata $904 · 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

Ritchie, EdmontonGoogle Maps ↗

Rapid transit: Avonmore LRT station, 1.3 km (about 20 min walk); Bonnie Doon LRT station, 1.4 km (about 22 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Hazeldeanhomes in this catchment
24564.9 km away · 6715 - 97 Street NW, Edmonton · (780) 433-7583 · website
Middle Allendale / McKernanhomes in this catchment
Secondary Gr 10-12 Strathconahomes in this catchment
24565.9 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · 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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