#40 8716 179 AV NW NW

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$285,000

#40 8716 179 AV NW NW

Klarvatten, Edmonton · MLS® E4514063

1,127 sq ft · Townhouse · Single Family · built 2011 · 1 day on market

listed by Rad Ugljesic, RE/MAX Excellence

realtor's description

Fantastic Opportunity for First-Time Buyers! Welcome to this desirable end-unit townhome in a newer, well-established community, conveniently located close to schools, shopping, parks, and a lake. The thoughtfully designed main floor features a spacious living room, dining area, kitchen, and convenient half bath, along with a private balcony. Extra windows throughout the end unit provide plenty of natural light, creating a bright and welcoming atmosphere. Upstairs, you’ll find three spacious bedrooms and two full bathrooms. The basement offers additional storage, laundry facilities, and direct access to the double attached garage. Stop paying rent and start building equity! This is a fantastic opportunity to own your own home in a great community.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,127 sq ft
parking: 0
year built: 2011
strata fee: $463 / mo ($0.41 / sq ft)
days on market: 1
MLS®: E4514063

features

Cul-de-sac
Private setting
Park/reserve
No Animal Home
No Smoking Home
Washer

property tax

about $2,953 a year

The asking price 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,705/mo

Mortgage $1,242 · Strata $463

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

estimated payment

$1,242/ monthly

loan $228,000

25-year amortization

down payment20% · $57,00020%+ 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: $144,515
land title fees: $615; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $57,615; down + land title fees
total paid: $372,515

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: −$150/mo
cap rate: 4.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,242 · strata $463 · insurance ~$175 · 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