#303 10118 106 AV NW

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$173,900

#303 10118 106 AV NW

Central Mcdougall, Edmonton · MLS® E4465949

848 sq ft · Condo · Single Family · built 2007 · 342 days on market

listed by Bill Chan, Sterling Real Estate

realtor's description

Welcome to this freshly updated unit featuring new paint, brand-new flooring, carpet in both bedrooms, and modern vinyl plank throughout. This 2-bedroom, 2-bathroom home boasts a beautiful balcony and is just minutes away from all your favourite downtown amenities—City Centre, restaurants, LRT stations, the new Epcor Centre, MacEwan University, Royal Alex Hospital, and Rogers Place. Time Square offers a welcoming open-courtyard design, a gas BBQ hookup, an electric fireplace, heated underground parking, and convenient elevator access.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 848 sq ft
parking: 0
year built: 2007
strata fee: $549 / mo ($0.65 / sq ft)
days on market: 342
MLS®: E4465949

features

Refrigerator
Dishwasher
Stove
Hood Fan
Washer/Dryer Stack-Up

city assessment

$178,500

2026 assessment · market value as of July 1, 2025

Down 10.3% from $199,000 in 2025
$269,000 in 2016 (-34% over ten years)
Asking price is 3% below the assessment
Built 2007
Lot 43 m² (465 sq ft)
Floor area on the roll 853 sq ft

roll year	assessed
2026	$178,500
2025	$199,000
2024	$149,500
2023	$194,000
2022	$197,000
2021	$199,500
2020	$202,000
2019	$223,500

From City of Edmonton open data (property assessments), matched to #303 10118 106 AVENUE 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 $1,850 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

$1,307/mo

Mortgage $758 · Strata $549

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

estimated payment

$758/ monthly

loan $139,120

25-year amortization

down payment20% · $34,78020%+ 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: $88,180
land title fees: $415; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $35,195; down + land title fees
total paid: $227,300

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: $130/mo
cap rate: 6.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $758 · strata $549 · 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