#361 7805 71 ST NW

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$219,000

#361 7805 71 ST NW

King Edward Park, Edmonton · MLS® E4502149

914 sq ft · Condo · Single Family · built 2013 · 81 days on market

listed by Don Brown, Royal LePage Noralta Real Estate

realtor's description

Enjoy low-maintenance living in this beautifully maintained 2-bedroom, 2-bathroom corner condo in south Edmonton. Offering a bright, open layout with oversized windows and a covered balcony, this home is designed for both comfort and functionality. The kitchen showcases granite countertops, rich wood cabinetry, and ample prep space, while the primary suite features a walk-in closet and private ensuite. In-suite laundry and two titled parking stalls—one heated underground and one surface—provide everyday convenience. Urban Village offers an impressive selection of amenities, including an indoor pool, hot tub, steam room, fully equipped fitness centre, and a residents' social lounge. Located just minutes from Anthony Henday Drive, Sherwood Park, Whyte Avenue, and the U of A, you'll enjoy quick access to shopping, dining, public transit, and recreation. Whether you're purchasing your first home, downsizing, or investmenting , this move-in-ready condo is an exceptional opportunity that stands out.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 914 sq ft
parking: 0
year built: 2013
strata fee: $785 / mo ($0.86 / sq ft)
days on market: 81
MLS®: E4502149

features

Private setting
Closet Organizers
No Animal Home
No Smoking Home
Washer
Refrigerator

monthly cost

$1,739/mo

Mortgage $954 · Strata $785

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

estimated payment

$954/ monthly

loan $175,200

25-year amortization

down payment20% · $43,80020%+ 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: $111,049
land title fees: $500; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $44,300; down + land title fees
total paid: $286,249

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: −$302/mo
cap rate: 3.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $954 · strata $785 · 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

King Edward Park, EdmontonGoogle Maps ↗

Rapid transit: Bonnie Doon LRT station, 1.4 km (about 21 min walk); Avonmore LRT station, 1.4 km (about 21 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Avonmorehomes in this catchment
24562.4 km away · 7835 - 76 Avenue NW, Edmonton · (780) 466-2976 · website
Middle Gr 7-9 Kenilworthhomes in this catchment
24562.7 km away · 7005 - 89 Avenue NW, Edmonton · (780) 466-2104 · website
Secondary Gr 10-12 McNallyhomes in this catchment
24565.0 km away · 8440 - 105 Avenue NW, Edmonton · (780) 469-0442 · 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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