#323 274 McConachie Dr NW

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$169,555

#323 274 McConachie Dr NW

McConachie Area, Edmonton · MLS® E4503669

221

759 sq ft · Condo · Single Family · built 2014 · 72 days on market

listed by Mashal Vazir Muhammad, Exp Realty

realtor's description

WHAT A DEAL!! Wake up to sweeping park views in this sun-filled 2-bedroom + office/den condo featuring 2 full bathrooms, air conditioning, and a heated underground parking stall—all for just $169k! Whether you’re buying your first home, adding an income property, or downsizing in style, this move-in-ready gem is an unbeatable opportunity. Enjoy low condo fees that include heat, water, and waste—your only monthly utility is electricity. Both bedrooms are thoughtfully placed on opposite sides for maximum privacy, and the second full bath is perfect for roommates, kids, or guests. You’re steps from two schools, parks, and everyday conveniences, with Anthony Henday just 5 minutes away for easy city-wide commuting. Fresh paint, in-suite laundry, and a spacious balcony overlooking a gorgeous green field complete the package. Opportunities like this are few and far between! This is the one you MUST SEE—homes like this don’t last!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 759 sq ft
parking: 1
year built: 2014
strata fee: $545 / mo ($0.72 / sq ft)
days on market: 72
MLS®: E4503669

features

See remarks
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$174,000

2026 assessment · market value as of July 1, 2025

Up 8.4% from $160,500 in 2025
$184,500 in 2016 (-6% over ten years)
Asking price is 3% below the assessment
Built 2014
Lot 79 m² (848 sq ft)
Floor area on the roll 759 sq ft

roll year	assessed
2026	$174,000
2025	$160,500
2024	$144,500
2023	$152,500
2022	$156,500
2021	$163,500
2020	$160,000
2019	$164,000

From City of Edmonton open data (property assessments), matched to #323 274 MCCONACHIE DRIVE 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 $1,803 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

$1,284/mo

Mortgage $739 · Strata $545

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

estimated payment

$739/ monthly

loan $135,644

25-year amortization

down payment20% · $33,91120%+ 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: $85,976
land title fees: $410; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $34,321; down + land title fees
total paid: $221,620

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: $153/mo
cap rate: 6.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $739 · strata $545 · 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