#317 812 Welsh Dr SW

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$224,800

#317 812 Welsh Dr SW

Walker, Edmonton · MLS® E4514166

222

818 sq ft · Condo · Single Family · built 2016 · 1 day on market

listed by Alan Gee, RE/MAX Excellence

realtor's description

Immaculate 3rd flr 818 sq ft 2 bed, 2 bath condo with 2 PARKING STALLS - UNDERGROUND & OUTDOOR. ALL UTILITIES INCL IN CONDO FEE - a rare combo that makes this an ideal fit for first-time buyers and investors alike. Tucked into family friendly Village at Walker Lake in South East Edmonton, this unit features 9' ceilings, ceiling-height cabinetry, stainless steel appliances and a generous eating bar. South-facing windows and a private patio pour natural light through the open living area all day. The primary bedroom is a true retreat with a 3-piece ensuite and walk-through closet, while the well-sized second bedroom flexes easily as a guest room or home office. In-suite laundry room adds extra storage & visitor parking is on hand for guests. 1 heated underground stall and 1 outdoor stall. Steps to schools, transit, walking trails & pond. Short drive to grocery stores, shopping, restaurants, Movati gym & South Edmonton Common. Quick access to Ellerslie Rd & Henday put the whole city within easy reach.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 818 sq ft
parking: 2
year built: 2016
strata fee: $511 / mo ($0.62 / sq ft)
days on market: 1
MLS®: E4514166

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Microwave Range Hood Combo

monthly cost

$1,490/mo

Mortgage $979 · Strata $511

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

estimated payment

$979/ monthly

loan $179,840

25-year amortization

down payment20% · $44,96020%+ 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: $113,990
land title fees: $505; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $45,465; down + land title fees
total paid: $293,830

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: −$53/mo
cap rate: 4.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $979 · strata $511 · insurance ~$35 · 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

location

Walker, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Ellersliehomes in this catchment
24544.4 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Middle K to Gr 9 Ellersliehomes in this catchment
24544.4 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24546.3 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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