32 Belmead GD NW

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$239,900

32 Belmead GD NW

Belmead, Edmonton · MLS® E4500873

986 sq ft · Townhouse · Single Family · built 1975 · 89 days on market

listed by Michael Zisin, Royal LePage Noralta Real Estate

realtor's description

Welcome to Belmead Gardens! This bright and well-maintained corner unit is ideally located in the heart of West Edmonton, just a short walk to West Edmonton Mall, schools, parks, the YMCA, and the LRT, offering exceptional convenience for families and commuters alike. The home features 3 generously sized bedrooms, 1.5 bathrooms, and has been well cared for with newer appliances, shingles, fencing, interior paint, and doors. Clean, move-in ready, and situated in a well-managed complex, this property is an excellent opportunity for first-time buyers, families, or investors. Enjoy easy access to shopping, restaurants, public transit, and all major amenities in one of West Edmonton's most desirable locations.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 986 sq ft
parking: 0
year built: 1975
strata fee: $359 / mo ($0.36 / sq ft)
days on market: 89
MLS®: E4500873

features

Flat site
No Smoking Home
Public Swimming Pool
Washer
Refrigerator
Stove

city assessment

$212,500

2026 assessment · market value as of July 1, 2025

Up 9.8% from $193,500 in 2025
$214,500 in 2016 (-1% over ten years)
Asking price is 13% above the assessment
Built 1975
Lot 235 m² (2,533 sq ft)
Floor area on the roll 1,055 sq ft

roll year	assessed
2026	$212,500
2025	$193,500
2024	$174,500
2023	$179,500
2022	$178,000
2021	$175,500
2020	$184,500
2019	$191,500

From City of Edmonton open data (property assessments), matched to 32 BELMEAD GARDENS NW. 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 $2,202 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

$1,404/mo

Mortgage $1,045 · Strata $359

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

estimated payment

$1,045/ monthly

loan $191,920

25-year amortization

down payment20% · $47,98020%+ 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: $121,646
land title fees: $535; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $48,515; down + land title fees
total paid: $313,566

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: $1,880/mo
after all costs: $151/mo
cap rate: 6.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,045 · strata $359 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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