303 James Mowatt TR SW

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$174,900

303 James Mowatt TR SW

Allard, Edmonton · MLS® E4513110

759 sq ft · Condo · Single Family · built 2016 · 9 days on market

listed by Nadeem Mirza, Sterling Real Estate

realtor's description

Welcome to this beautifully, maintained condo with LOW CONDO FEE, in the highly sought-after Allard area! Featuring 2 spacious bedrooms, 2 full bathrooms, and a versatile den, this unit offers a perfect blend of comfort and functionality. The open layout is ideal for families, professionals, or investors looking for a prime property. Located just 10 minutes from Edmonton International Airport, 5 minutes to Amazon warehouses, and 2 minutes to Calgary Trail, this home offers unparalleled convenience with easy access to anywhere in Edmonton. You’re also steps away from Superstore, bus stop, a large shopping center, community rec center and other essential amenities, making everyday living a breeze. This clean and move-in-ready condo is an excellent opportunity to enjoy modern living in a vibrant community.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 759 sq ft
parking: 0
year built: 2016
strata fee: $426 / mo ($0.56 / sq ft)
days on market: 9
MLS®: E4513110

features

No Animal Home
No Smoking Home
Refrigerator
Dishwasher
Stove
Washer/Dryer Combo

property tax

about $1,812 a year

The asking price 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,188/mo

Mortgage $762 · Strata $426

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

estimated payment

$762/ monthly

loan $139,920

25-year amortization

down payment20% · $34,98020%+ 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: $88,687
land title fees: $415; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $35,395; down + land title fees
total paid: $228,607

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: $249/mo
cap rate: 6.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $762 · strata $426 · 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

Allard, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Dugganhomes in this catchment
24552.9 km away · 10616 - 36A Avenue NW, Edmonton · (780) 434-0319 · website
Middle Gr 7-9 D S MacKenziehomes in this catchment
24553.2 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · website
Secondary Gr 10-12 Dr Anne Andersonhomes in this catchment
200 m away · 11810 35 Avenue SW, Edmonton

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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