#304 10611 117 ST NW

1 / 19

$199,900

#304 10611 117 ST NW

Queen Mary Park, Edmonton · MLS® E4510621

221

863 sq ft · Condo · Single Family · built 2013 · 28 days on market

listed by Catherine Ta, Real Broker

realtor's description

Welcome to Studio Ed, a well-kept 2013 built low-rise in the heart of Queen Mary Park. This bright CORNER UNIT has extra windows that fill the space with natural light, and its layout gives you more privacy than a typical interior suite. The open-concept design works well for everyday living and for having guests over. 2 bedrooms and 2 full bathrooms make it a great fit for roommates, a home office, or overnight guests. The primary bedroom comes with its own ensuite & large walk in closet. In-suite laundry and storage room adds everyday convenience. There's also 1 UNDERGROUND PARKING STALL included. You're minutes from MacEwan University, Oliver Square, the Brewery District, transit, and everything downtown Edmonton has to offer. Whether you're a first-time buyer, a downsizer, or an investor, this home is ready for you.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 863 sq ft
parking: 1
year built: 2013
strata fee: $473 / mo ($0.55 / sq ft)
days on market: 28
MLS®: E4510621

features

No Smoking Home
Refrigerator
Dishwasher
Stove
Microwave Range Hood Combo
Washer/Dryer Stack-Up

city assessment

$241,500

2026 assessment · market value as of July 1, 2025

Up 2.8% from $235,000 in 2025
$252,000 in 2016 (-4% over ten years)
Asking price is 17% below the assessment
Built 2013
Lot 42 m² (447 sq ft)
Floor area on the roll 861 sq ft

roll year	assessed
2026	$241,500
2025	$235,000
2024	$212,500
2023	$223,000
2022	$229,000
2021	$241,500
2020	$246,500
2019	$258,000

From City of Edmonton open data (property assessments), matched to #304 10611 117 STREET 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 $2,503 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

$1,344/mo

Mortgage $871 · Strata $473

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

estimated payment

$871/ monthly

loan $159,920

25-year amortization

down payment20% · $39,98020%+ 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: $101,364
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,440; down + land title fees
total paid: $261,284

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: $93/mo
cap rate: 5.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $871 · strata $473 · 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