311 32 ST SW

1 / 13

$359,900

311 32 ST SW

Alces, Edmonton · MLS® E4495121

222

1,273 sq ft · 105 m² lot · Townhouse · Single Family · built 2024 · 124 days on market

listed by Michelle Plach, HonestDoor Inc

realtor's description

Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Welcome to this beautifully maintained townhome currently showcased as a show home in the vibrant community of Alces. Offering 2 bedrooms, this modern home combines smart design, comfort, and functionality. Large windows bring in natural light throughout, while the open-concept main living area creates a bright and welcoming space. A spacious second-floor balcony extends your living area outdoors, ideal for relaxing or enjoying your morning coffee. Enjoy year-round comfort with central air conditioning already installed. The home also features a single attached rear garage, full landscaping, and low-maintenance living with no condo fees. Located close to parks, walking trails, shopping, and major commuter routes, this is a move-in-ready show home offering style, convenience, and lasting value in a growing community.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,273 sq ft
lot: 105 m²
parking: 2
year built: 2024
days on market: 124
MLS®: E4495121

features

Lane
See remarks

city assessment

$386,500

2026 assessment · market value as of July 1, 2025

Up 3.1% from $375,000 in 2025
Asking price is 7% below the assessment
Built 2024
Lot 105 m² (1,126 sq ft)
Floor area on the roll 1,238 sq ft

roll year	assessed
2026	$386,500
2025	$375,000
2024	$78,000

From City of Edmonton open data (property assessments), matched to 311 32 STREET 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 $4,005 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

$1,568/mo

Mortgage $1,568

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,568/ monthly

loan $287,920

25-year amortization

down payment20% · $71,98020%+ 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: $182,495
land title fees: $750; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $72,730; down + land title fees
total paid: $470,415

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: −$271/mo
cap rate: 4.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,568 · insurance ~$175 · 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