#305 12710 127 ST NW
$119,500
#305 12710 127 ST NW
Athlone, Edmonton · MLS® E4514192
31
807 sq ft · Condo · Single Family · built 2001 · listed today
listed by Tolu Atoyebi, Exp Realty
realtor's description
AFFORDABLE HOMEOWNERSHIP OR INVESTMENT OPPORTUNITY! Welcome to this spacious 807 sq. ft. TOP-FLOOR condo featuring 3 bedrooms, 1 bathroom, and TWO covered powered parking stalls! Perfect for first-time buyers, investors, students, or those looking to downsize. The functional layout offers a bright and spacious living room with access to a private balcony, a well-appointed kitchen, and a generous dining area. All three bedrooms offer ample closet space, including a walk-in closet in the primary bedroom. Enjoy plenty of storage and the convenience of public transit right outside your door, with shopping, schools, and everyday amenities nearby. Whether you're looking to stop renting, build equity, or expand your investment portfolio, this affordable 3-bedroom condo offers exceptional value. DON'T MISS THIS OPPORTUNITY TO OWN!
property details
- type
- Condo, Single Family
- bedrooms
- 3
- bathrooms
- 1
- living area
- 807 sq ft
- parking
- 0
- year built
- 2001
- strata fee
- $583 / mo ($0.72 / sq ft)
- days on market
- 0
- MLS®
- E4514192
features
- See remarks
- Lane
- See remarks
monthly cost
$1,104/mo
Mortgage $521 · Strata $583
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,880/mo
- after all costs
- $591/mo
- cap rate
- 11.2%
- yearly net rent ÷ price
Costs: mortgage $521 · strata $583 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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