#302 7951 96 ST NW NW

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$319,000

#302 7951 96 ST NW NW

Ritchie, Edmonton · MLS® E4511448

1,044 sq ft · Condo · Single Family · built 1997 · 22 days on market

listed by Rory O'Shea, Homes & Gardens Real Estate Limited

realtor's description

Ravine living at its best! This 2-bedroom, 2-bathroom condo at Creek Side offers stunning Mill Creek Ravine views, direct trail access and an unbeatable location just 2 blocks from Whyte Ave. Enjoy granite counters, newer stainless appliances, ceramic backsplash, sit-up bar, gas fireplace & Laminate Oak flooring. The primary suite features double closets and full ensuite; the second bedroom has French doors and is ideal as a bedroom or home office. In-suite laundry, central A/C, newer washer/dryer, 2023 hot water tank and 2024 condenser. Recent building upgrades include windows, patio doors and deck vinyl. Titled heated underground parking, storage locker, fitness room, guest suite and social room. ETS/DATS at the door and close to Ritchie Market. A fabulous location, beautiful ravine setting and wonderful lifestyle! Some photos virtually staged.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,044 sq ft
parking: 0
year built: 1997
strata fee: $704 / mo ($0.67 / sq ft)
days on market: 22
MLS®: E4511448

buying in a building from 1982 to 2000: what to read first

features

Ravine
No back lane
Park/reserve
Washer
Refrigerator
Dishwasher

monthly cost

$2,094/mo

Mortgage $1,390 · Strata $704

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

estimated payment

$1,390/ monthly

loan $255,200

25-year amortization

down payment20% · $63,80020%+ 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: $161,756
land title fees: $680; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $64,480; down + land title fees
total paid: $416,956

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: −$657/mo
cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,390 · strata $704 · 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: Bonnie Doon LRT station, 1.4 km (about 23 min walk); Avonmore LRT station, 1.6 km (about 25 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Hazeldeanhomes in this catchment
24565.5 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
24566.4 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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