Macewan, Edmonton · MLS® E4501601
111
842 sq ft · Condo · Single Family · built 2004 · 86 days on market
listed by Tracey Fenn, Exp Realty
Welcome to Heritage Valley Estates, a 55+ adult building in MacEwan. This third-floor one-bedroom plus den condo offers a bright, functional layout with in-suite laundry and air conditioning. The spacious primary bedroom has direct access to the four-piece main bathroom, creating a convenient cheater ensuite. Enjoy heated underground parking with a private storage unit located right beside the stall. The building offers an impressive selection of amenities, including an indoor saltwater pool, hot tub, exercise room, social and party room, theatre, games room, library, woodworking shop and car wash. Conveniently located near shopping, restaurants, transit and Anthony Henday Drive, this is an excellent opportunity for comfortable, low-maintenance adult living.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,089 · strata $663 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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
Catchment schools, Edmonton Public Schools
24551.8 km away · 2099 Blackmud Creek Drive SW, Edmonton · (587) 489-4700 · website
24555.0 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · website
3.1 km away · 11810 35 Avenue SW, Edmonton
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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$198,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $198,500 |
| 2025 | $189,500 |
| 2024 | $174,000 |
| 2023 | $166,500 |
| 2022 | $180,000 |
| 2021 | $194,000 |
| 2020 | $197,000 |
| 2019 | $202,500 |
From City of Edmonton open data (property assessments), matched to #315 612 111 STREET SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,057 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.
Walkability 73/100 · Walkable: many errands on foot
Within a 10 minute walk: 2 grocery stores, 5 places to eat or drink, 1 cafe, 1 park or playground, 1 pharmacy, 25 transit stops.
mihom score from OpenStreetMap places, by straight line distance.