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#315 616 McAllister Lo SW
homes for sale · Edmonton · Macewan
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$139,786

#315 616 McAllister Lo SW

Macewan, Edmonton · MLS® E4509876

111

597 sq ft · Condo · Single Family · built 2003 · 32 days on market

listed by Anu Khullar, REMAX River City

realtor's description

Here’s the thing about this home: it makes a lot of the little hassles of everyday life disappear. Need to do laundry? It’s in-suite. Winter morning? Your car is warm and snow-free in the heated underground parkade. Worried about the utility bills? Heat, water AND electricity are included in the condo fees. Have a four-legged roommate? They’re welcome too. And when you’re ready to relax, the bright open-concept layout gives you a kitchen with maple cabinetry, stainless steel appliances and an eat-at bar that opens into the dining and living space with access to your private balcony perfect for summer evenings. The primary bedroom features a walk-through closet and 4-piece cheater ensuite with door for guests from kitchen. Located in MacEwan Village with easy access to Anthony Henday, Ellerslie shopping and transit, this is a home that doesn’t just check boxes—it makes day-to-day living remarkably convenient. Come have a look. Your future self might thank you.

similar homes nearby

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
597 sq ft
parking
1
year built
2003
strata fee
$438 / mo ($0.73 / sq ft)
days on market
32
MLS®
E4509876

features

  • Flat site
  • No Animal Home
  • No Smoking Home
  • Washer
  • Refrigerator
  • Dishwasher

monthly cost

$1,047/mo
Mortgage $609 · Strata $438

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

estimated payment
$609/ monthly
loan $111,829
25-year amortization
total interest
$70,881
land title fees
$355
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$28,312
down + land title fees
total paid
$182,710

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
$1,300/mo
after all costs
$114/mo
cap rate
6.2%
yearly net rent ÷ price

Costs: mortgage $609 · strata $438 · 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

schools

Catchment schools, Edmonton Public Schools

  • Elementary K to Gr 6 Roberta MacAdamshomes in this catchment

    24552.3 km away · 2099 Blackmud Creek Drive SW, Edmonton · (587) 489-4700 · website

  • Middle Gr 7-9 D S MacKenziehomes in this catchment

    24555.5 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · website

  • Secondary Gr 10-12 Dr Anne Andersonhomes in this catchment

    3.5 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Anu Khullar
REMAX River City
call Anu · 780-439-7000
Powered by: REALTOR.ca

location

Macewan, EdmontonGoogle Maps ↗

property tax

about $1,449 a year

The asking price 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. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Macewan, EdmontonGoogle Maps ↗
Drive times
  • Monsignor Fee Otterson Elementary/Junior High4 min
  • Dr. Anne Anderson High7 min
  • Covenant Health St. Joseph’s Auxiliary Hospital8 min
  • University of Alberta South Campus14 min
  • YEG airport19 min
  • Downtown Edmonton23 min
58

Walkability 58/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 1 grocery store, 4 places to eat or drink, 1 pharmacy, 19 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

#112 616 McAllister Lo SW, Edmonton
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Condo
$173,480
4methe deep dive
#112 616 McAllister Lo SW
Macewan, Edmontonlisted today
listed by Century 21 Quantum Realty
221866 sq ft
MLS® E4514205
#206 616 McAllister Lo SW, Edmonton
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Condo
$169,900
4methe deep dive
#206 616 McAllister Lo SW
Macewan, Edmonton4 days on market
listed by MaxWell Polaris
22
#201 630 McAllister Lo SW, Edmonton
#201 630 McAllister Lo SW, Edmonton, photo 2
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#201 630 McAllister Lo SW, Edmonton, photo 8
Condo
$165,000
4methe deep dive
#201 630 McAllister Lo SW
Macewan, Edmonton5 days on market
listed by Real Broker
22
#104 630 McAllister Lo SW, Edmonton
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Condo
$127,400
4methe deep dive
#104 630 McAllister Lo SW
Macewan, Edmonton5 days on market
listed by Real Broker
12
#419 226 Macewan Rd SW, Edmonton
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#419 226 Macewan Rd SW, Edmonton, photo 7
#419 226 Macewan Rd SW, Edmonton, photo 8
Condo
$154,500
4methe deep dive
#419 226 Macewan Rd SW
Macewan, Edmonton9 days on market
listed by Century 21 Masters
11
#201 616 McAllister Lo SW, Edmonton
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#201 616 McAllister Lo SW, Edmonton, photo 8
Condo
$174,900
4methe deep dive
#201 616 McAllister Lo SW
Macewan, Edmonton15 days on market
listed by Century 21 Quantum Realty
22
1
801 sq ft
MLS® E4513670
803 sq ft
MLS® E4513586
596 sq ft
MLS® E4513584
645 sq ft
MLS® E4513112
1
877 sq ft
MLS® E4512612