#326 5515 7 AV SW

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$209,900

#326 5515 7 AV SW

Charlesworth, Edmonton · MLS® E4511297

781 sq ft · Condo · Single Family · built 2014 · 24 days on market

listed by Anshul Gupta, MaxWell Devonshire Realty

realtor's description

Welcome to Elements at Willowhaven in the desirable community of Charlesworth! This bright and well-maintained 2-bedroom, 2-bathroom apartment offers a functional open-concept layout with a spacious living and dining area, modern kitchen, and ample natural light. The primary bedroom features a private ensuite, while the second bedroom is conveniently located near the additional full bathroom. Enjoy the convenience of in-suite laundry, a private balcony, elevator access, and an assigned parking stall. Ideally located close to shopping, restaurants, schools, parks, public transit, and major roadways including Anthony Henday Drive. A great opportunity for first-time buyers, investors, or those looking for a low-maintenance home in a convenient southeast Edmonton location.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 781 sq ft
parking: 0
year built: 2014
strata fee: $383 / mo ($0.49 / sq ft)
days on market: 24
MLS®: E4511297

features

See remarks
Washer
Refrigerator
Gas stove(s)
Dishwasher
Dryer

monthly cost

$1,298/mo

Mortgage $915 · Strata $383

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

estimated payment

$915/ monthly

loan $167,920

25-year amortization

down payment20% · $41,98020%+ 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: $106,434
land title fees: $480; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $42,460; down + land title fees
total paid: $274,354

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: $139/mo
cap rate: 6.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $915 · strata $383 · 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

Charlesworth, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Ellersliehomes in this catchment
24544.1 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Middle K to Gr 9 Ellersliehomes in this catchment
24544.1 km away · 521-66 Street SW, Edmonton · (780) 988-5556 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24546.0 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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