#323 2520 50 ST NW NW

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$169,900

#323 2520 50 ST NW NW

Mill Woods Town Centre, Edmonton · MLS® E4503091

1,211 sq ft · Condo · Single Family · built 1995 · 76 days on market

listed by Marianne Kuchinsky-Detka, NOW Real Estate Group

realtor's description

Clean & bright 3 bedroom corner unit is one of the biggest condos in the building! Plenty of kitchen cabinets, newer countertops, fridge & dishwasher. Open concept living room & dining room with sliding doors to the covered deck. The primary bedroom features a walk through closet and a 4 pc ensuite. Two additional bedrooms, ensuite laundry, a storage room, upgraded flooring and freshly painted throughout. Great location close to the Grey Nuns hospital, schools, shopping and easy access to the Anthony Henday.

property details

type: Condo, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,211 sq ft
parking: 0
year built: 1995
strata fee: $626 / mo ($0.52 / sq ft)
days on market: 76
MLS®: E4503091

buying in a building from 1982 to 2000: what to read first

features

Park/reserve
No Animal Home
No Smoking Home
Lake Privileges
Refrigerator
Dishwasher

monthly cost

$1,366/mo

Mortgage $740 · Strata $626

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

estimated payment

$740/ monthly

loan $135,920

25-year amortization

down payment20% · $33,98020%+ 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: $86,151
land title fees: $410; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $34,390; down + land title fees
total paid: $222,071

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: $328/mo
cap rate: 7.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $740 · strata $626 · insurance ~$35 · 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

location

Mill Woods Town Centre, EdmontonGoogle Maps ↗

Rapid transit: Mill Woods LRT station, 600 m (about 9 min walk); Grey Nuns LRT station, 1 km (about 16 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Weinloshomes in this catchment
24549.4 km away · 2911 - 48 Street NW, Edmonton · (780) 462-5261 · website
Middle Gr 7-9 Kate Chegwinhomes in this catchment
24549.5 km away · 3119 - 48 Street NW, Edmonton · (780) 469-0470 · website
Secondary Gr 10-12 W P Wagnerhomes in this catchment
24552.9 km away · 6310 Wagner Road NW, Edmonton · (780) 469-1315 · 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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