31 Royal RD NW

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$289,900

31 Royal RD NW

Royal Gardens (Edmonton), Edmonton · MLS® E4504450

1,316 sq ft · Townhouse · Single Family · built 1968 · 66 days on market

listed by Curtis Stasiuk, MaxWell Progressive

realtor's description

WELCOME HOME! Move-in ready and perfect for families, this spacious 4-bedroom, 1.5-bath townhouse could have you settled in before the new school year! A rare WALKOUT BASEMENT offers a family room, laundry, storage and 4th bedroom, while the fenced backyard backs directly onto a peaceful RAVINE, creating a private, nature-filled retreat. Ideally located within walking distance of schools, including Cogito and French Immersion programs, plus parks, amenities, and recreation. Commuting is easy with quick access to Whitemud Drive, transit, and the LRT. Low condo fees cover snow removal, front lawn maintenance, and recent improvements including new sidewalks, grading, and sod (2025), with additional landscaping planned. Features include large upstairs bedrooms, assigned powered parking, newer hot water tank, washer and dryer, 7 appliances including a gas range and new dishwasher, granite countertops, hardwood floors, jetted tub, oversized balcony, abundant natural light, and all window coverings included.

property details

type: Townhouse, Single Family
bedrooms: 4
bathrooms: 2
living area: 1,316 sq ft
parking: 0
year built: 1968
strata fee: $469 / mo ($0.36 / sq ft)
days on market: 66
MLS®: E4504450

features

Ravine
No Smoking Home
Washer
Refrigerator
Gas stove(s)
Dishwasher

monthly cost

$1,732/mo

Mortgage $1,263 · Strata $469

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

estimated payment

$1,263/ monthly

loan $231,920

25-year amortization

down payment20% · $57,98020%+ 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: $147,000
land title fees: $625; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $58,605; down + land title fees
total paid: $378,920

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: $1,880/mo
after all costs: −$178/mo
cap rate: 4.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,263 · strata $469 · insurance ~$175 · 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

location

Royal Gardens (Edmonton), EdmontonGoogle Maps ↗

Rapid transit: Southgate LRT station, 1.6 km (about 25 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Richard Secordhomes in this catchment
24564.6 km away · 4025 - 117 Street NW, Edmonton · (780) 436-9839 · website
Middle Gr 7-9 Vernon Barfordhomes in this catchment
24564.6 km away · 32 Fairway Drive NW, Edmonton · (780) 413-2211 · website
Secondary Gr 10-12 Harry Ainlayhomes in this catchment
24564.2 km away · 4350 - 111 Street NW, Edmonton · (780) 413-2700 · 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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