3431 42 ST NW

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$399,999

3431 42 ST NW

Minchau, Edmonton · MLS® E4512869

1,048 sq ft · 476 m² lot · House · Single Family · built 1982 · 11 days on market

listed by Shaz Murji, Sterling Real Estate

realtor's description

Welcome to this fantastic **5-bedroom bungalow with a LEGAL 2-BEDROOM BASEMENT SUITE** in the desirable, family-friendly community of Minchau! Offering incredible versatility for homeowners and investors alike, this property is ideal for growing families, multi-generational living, or those looking for rental income potential. Enjoy the convenience of bungalow living along with the added value of a fully legal secondary suite. Step outside to a spacious yard with plenty of room for entertaining, gardening, or simply relaxing outdoors. **LOCATION, LOCATION, LOCATION!** Situated within walking distance to schools, parks, playgrounds, and the beautiful Mill Creek Ravine, with scenic walking and biking trails just minutes away. Convenient access to shopping, amenities, and major roadways completes the package. **An excellent opportunity to own a versatile property in an established Edmonton neighbourhood!**

property details

type: House, Single Family
bedrooms: 5
bathrooms: 3
living area: 1,048 sq ft
lot: 476 m²
parking: 0
year built: 1982
days on market: 11
MLS®: E4512869

features

See remarks
Flat site
Dryer
Two stoves
Two Washers
Two Refrigerators

city assessment

$442,000

2026 assessment · market value as of July 1, 2025

Up 2.9% from $429,500 in 2025
$314,500 in 2016 (41% over ten years)
Asking price is 10% below the assessment
Built 1982
Lot 476 m² (5,122 sq ft)
Floor area on the roll 1,072 sq ft

roll year	assessed
2026	$442,000
2025	$429,500
2024	$386,500
2023	$383,500
2022	$344,000
2021	$321,000
2020	$335,500
2019	$333,000

From City of Edmonton open data (property assessments), matched to 3431 42 STREET 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 $4,580 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

$1,743/mo

Mortgage $1,743

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,743/ monthly

loan $319,999

25-year amortization

down payment20% · $80,00020%+ 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: $202,828
land title fees: $820; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $80,820; down + land title fees
total paid: $522,827

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.