#307 10418 81 AV NW

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$239,900

#307 10418 81 AV NW

Queen Alexandra, Edmonton · MLS® E4507450

221

740 sq ft · Condo · Single Family · built 2016 · 47 days on market

listed by Adam Benke, Real Broker

realtor's description

Welcome to STUDIO OFF WHYTE! A newer construction condominium right in the heart of the Old Strathcona & Whyte Avenue District.***ALL FURNISHINGS NEGOTIABLE*** This trendy 3rd Floor unit offers 2 Bedrooms, 2 Full Bathrooms and TWO BALCONIES! Lots of windows create a warm & bright space. Enjoy premium finishes throughout such as QUARTZ COUNTERS, Modern Cabinets, and STAINLESS STEEL APPLIANCES. No Carpet here, making cleaning a breeze with LAMINATE FLOORING THROUGHOUT and Tile in the bathrooms. Enjoy Heated underground parking, keeping your car warm & clean all year round. This location is ideal & convenient, with most everything you could need all within walking distance. Enjoy Shops, Restaurants, Bars, Grocery, all within a few blocks of your front door. With it’s CLOSE PROXIMITY to the RIVER VALLEY, Hiking & Biking around make fro great daily adventures! With immediate possession available, and all furnishings negotiable, you could move right in and start living your best life today!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 740 sq ft
parking: 1
year built: 2016
strata fee: $581 / mo ($0.78 / sq ft)
days on market: 47
MLS®: E4507450

features

Lane
Washer
Refrigerator
Dishwasher
Stove
Dryer

monthly cost

$1,626/mo

Mortgage $1,045 · Strata $581

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

estimated payment

$1,045/ monthly

loan $191,920

25-year amortization

down payment20% · $47,98020%+ 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: $121,646
land title fees: $535; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $48,515; down + land title fees
total paid: $313,566

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: −$189/mo
cap rate: 4.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,045 · strata $581 · 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

Queen Alexandra, EdmontonGoogle Maps ↗

Rapid transit: University LRT station, 1.8 km (about 27 min walk); Health Sciences/Jubilee LRT station, 1.8 km (about 28 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Garneauhomes in this catchment
24569.4 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
Middle Allendale / McKernanhomes in this catchment
Secondary Gr 10-12 Strathconahomes in this catchment
24568.1 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · website

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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