#302 10606 123 ST NW

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$105,000

#302 10606 123 ST NW

Westmount, Edmonton · MLS® E4506707

111

605 sq ft · Condo · Single Family · built 1969 · 52 days on market

listed by Dennis Aquino, Sterling Real Estate

realtor's description

Top-floor 1-bedroom condo in a prime, walkable location just steps to 124 Street shops, restaurants, and the Brewery District, An ideal opportunity for professionals or investors seeking low-maintenance living and strong rental appeal. With only one shared wall, the unit offers excellent privacy and quiet enjoyment. Thoughtfully updated with luxury vinyl plank flooring, newer windows, patio door, and new balcony. A modernized bathroom with new tub and clean, functional finishes throughout. The efficient kitchen comes fully equipped, and convenient in-suite storage adds everyday practicality. Situated in a well-managed, pet-friendly building featuring refreshed common areas, new paint and carpet, an upgraded boiler, and a newer roof for long-term peace of mind. Powered parking with an outlet directly connected to the suite, perfect for an electric or hybrid vehicle. Move-in ready and turnkey, this property is equally suited as a comfortable home or a reliable income-generating rental.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 605 sq ft
parking: 1
year built: 1969
strata fee: $440 / mo ($0.73 / sq ft)
days on market: 52
MLS®: E4506707

features

See remarks
No Animal Home
No Smoking Home
Refrigerator
Stove
Hood Fan

monthly cost

$898/mo

Mortgage $457 · Strata $440

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

estimated payment

$457/ monthly

loan $84,000

25-year amortization

down payment20% · $21,00020%+ 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: $53,242
land title fees: $290; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $21,290; down + land title fees
total paid: $137,242

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: $1,300/mo
after all costs: $263/mo
cap rate: 8.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $457 · strata $440 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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

Westmount, EdmontonGoogle Maps ↗

Rapid transit: MacEwan LRT station, 1.5 km (about 23 min walk); Government Centre LRT station, 2.2 km (about 34 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Westglenhomes in this catchment
24578.9 km away · 10950 - 127 Street NW, Edmonton · (780) 454-3449 · website
Middle Gr 7-9 Westminsterhomes in this catchment
24578.9 km away · 13712 - 104 Avenue NW, Edmonton · (780) 452-4343 · website
Secondary Gr 10-12 Ross Sheppardhomes in this catchment
24579.8 km away · 13546 - 111 Avenue NW, Edmonton · (780) 448-5000 · 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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