401 5005 165 AV NW NW

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$165,000

401 5005 165 AV NW NW

Hollick-Kenyon, Edmonton · MLS® E4508495

806 sq ft · Condo · Single Family · built 2008 · 42 days on market

listed by Rafik Berjak, Sterling Real Estate

realtor's description

Welcome to your new home! This spacious, open concept condo unit features 2 bedrooms and 2 full bathrooms. The master bedroom comes with a 4-pc bath and a large walk-in closet. There's a second 4-pc bath for guests. An in-suite laundry room with new washer and dryer provides you additional storage space. A private covered balcony awaits for you to catch some fresh air and a great view. Awesome location, close to schools, shopping, restaurants, transportation, Henday and Manning freeway.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 806 sq ft
parking: 0
year built: 2008
strata fee: $344 / mo ($0.43 / sq ft)
days on market: 42
MLS®: E4508495

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Hood Fan

property tax

about $1,710 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

$1,063/mo

Mortgage $719 · Strata $344

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

estimated payment

$719/ monthly

loan $132,000

25-year amortization

down payment20% · $33,00020%+ 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: $83,667
land title fees: $400; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $33,400; down + land title fees
total paid: $215,667

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: $374/mo
cap rate: 7.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $719 · strata $344 · 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