Edson · MLS® A2269618
211
775 sq ft · Condo · Single Family · built 1978 · 346 days on market
listed by ELAINE TAYLOR, ROYAL LEPAGE EDSON REAL ESTATE
A fantastic investment opportunity awaits! This 2-bedroom unit is on the 3rd floor of Mountain Vista Condos Building B on the North side of the building. All rooms are a good size and have either carpet or linoleum. The galley-style kitchen is equipped with full-sized appliances (fridge, stove and dishwasher) and plenty of cabinets. The spacious living room has sliding doors to the large balcony that is great for BBQing or enjoying the outdoors. Down the hall, there’s two good-sized bedrooms, a 4-piece bathroom, and an in-suite storage room. The building's laundry room is located on the main level and has upgraded machines operated by a Coinomatic card system. Building security includes interior hallway and entrance cameras and each entrance has fob controlled access for tenants and an intercom system for guests. The large parking lot provides one powered spot for each unit and there’s lots of street parking for guests. Mountain Vista Condominiums are professionally managed by Realty Canada, and there is an onsite manager with an office in Building A. There’s a great Condo Board in place and the Condo Corporation has a healthy Reserve Fund and reasonable monthly condo fees. The complex is located in the Westhaven neighborhood, close to schools, shopping, recreation, and the Town's trail system. This unit can be self-managed or managed by a property manager for a hassle-free investment. Whether you’re looking to start out in the real estate market or for an investment property, this Condo is worth a look. This unit is currently tenanted (long term tenant) on a lease making it a great turn-key investment property.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $298 · tax $54 · strata $480 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Alberta: CMHC's average there ($1,670) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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
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Walkability 57/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 2 parks and playgrounds, 2 schools.
mihom score from OpenStreetMap places, by straight line distance.
about $714 a year
The asking price times Edson's 2026 residential rate of 10.42 per $1,000 (municipal and education).
The listing shows $650 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.