#306 905 Blacklock Wy SW

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$229,555

#306 905 Blacklock Wy SW

Blackburne, Edmonton · MLS® E4512451

222

881 sq ft · Condo · Single Family · built 2003 · 15 days on market

listed by Mashal Vazir Muhammad, Exp Realty

realtor's description

TOP FLOOR unit with TWO parking stalls. Beautifully maintained 2-bedroom, 2-bathroom condo located in a quiet, serene neighborhood backing onto green space. Enjoy walking trails just steps away or relax on your covered balcony with no rear neighbors and a great view. The open-concept layout features a spacious living area with a cozy gas fireplace, large windows for plenty of natural light, and a functional kitchen complete with a breakfast bar. The primary bedroom offers a walk-through closet and private ensuite. Additional highlights include in-suite laundry, underground heated parking with storage, an extra above-ground energized parking stall, and a gas BBQ hookup. Tucked away in a tranquil setting yet just minutes from shopping, public transit, and major commuter routes, this home offers the perfect blend of nature and convenience. Ideal for first-time buyers, downsizers, or investors—shows beautifully.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 881 sq ft
parking: 2
year built: 2003
strata fee: $520 / mo ($0.59 / sq ft)
days on market: 15
MLS®: E4512451

features

Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$185,500

2026 assessment · market value as of July 1, 2025

Up 6.9% from $173,500 in 2025
$222,500 in 2016 (-17% over ten years)
Asking price is 24% above the assessment
Built 2003
Lot 184 m² (1,982 sq ft)
Floor area on the roll 883 sq ft

roll year	assessed
2026	$185,500
2025	$173,500
2024	$157,500
2023	$151,000
2022	$159,000
2021	$167,000
2020	$160,000
2019	$180,500

From City of Edmonton open data (property assessments), matched to #306 905 BLACKLOCK WAY SW. 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 $1,922 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

$1,520/mo

Mortgage $1,000 · Strata $520

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

estimated payment

$1,000/ monthly

loan $183,644

25-year amortization

down payment20% · $45,91120%+ 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: $116,401
land title fees: $515; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $46,426; down + land title fees
total paid: $300,045

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: −$83/mo
cap rate: 4.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,000 · strata $520 · 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