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$159,900

#309 1060 McConachie Bv NW

McConachie Area, Edmonton · MLS® E4507066

211

671 sq ft · Condo · Single Family · built 2013 · 51 days on market

listed by Darlene Strang, RE/MAX Real Estate

realtor's description

Welcome to the modern Elements at McConachie! This bright, move-in ready 3rd-floor condo is a perfect opportunity for first-time buyers, students, or investors. The open-concept layout features a gorgeous kitchen with espresso cabinetry, granite countertops, mostly new stainless steel appliances, and a breakfast bar. The living room includes built-in entertainment shelving and opens to a large, covered balcony—perfect for summer BBQs! There is a primary bedroom and a second bedroom/den with closet but no window. Full bathroom with a tub/shower. Enjoy the convenience of in-suite laundry and a titled, heated underground parking stall (#212) with extra visitor parking. Low condo fees of $425.88/month include heat and water. Excellently located walking distance to schools, parks, and community trails, plus minutes from shopping and Anthony Henday Drive. Ready for quick possession! Great opportunity—don’t miss out!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 671 sq ft
parking: 1
year built: 2013
strata fee: $426 / mo ($0.63 / sq ft)
days on market: 51
MLS®: E4507066

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Microwave Range Hood Combo

city assessment

$158,000

2026 assessment · market value as of July 1, 2025

Up 6.8% from $148,000 in 2025
$165,000 in 2016 (-4% over ten years)
Asking price is 1% above the assessment
Built 2013
Lot 69 m² (746 sq ft)
Floor area on the roll 672 sq ft

roll year	assessed
2026	$158,000
2025	$148,000
2024	$132,000
2023	$132,000
2022	$136,500
2021	$141,500
2020	$145,000
2019	$153,500

From City of Edmonton open data (property assessments), matched to #309 1060 MCCONACHIE BOULEVARD 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 $1,637 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

$1,123/mo

Mortgage $697 · Strata $426

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

estimated payment

$697/ monthly

loan $127,920

25-year amortization

down payment20% · $31,98020%+ 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: $81,081
land title fees: $390; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $32,370; down + land title fees
total paid: $209,001

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: $314/mo
cap rate: 7.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $697 · 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