#402 10625 83 AV NW

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$210,000

#402 10625 83 AV NW

Strathcona, Edmonton · MLS® E4508969

817 sq ft · Condo · Single Family · built 1976 · 39 days on market

listed by Justin Holubitsky, RE/MAX Elite

realtor's description

Top-Floor Corner Unit | 2 Bed | Whyte Champagne updated top-floor corner suite in the sought-after Whyte Champagne building, steps from University Hospital and minutes to the University of Alberta campus. This two-bedroom unit has been thoughtfully upgraded with quality finishes throughout. The custom kitchen features raised espresso-stained maple cabinetry, granite countertops, full glass tile backsplash, and four upgraded appliances, including a built-in dishwasher, built-in microwave, fridge, and glass-top stove. Real hardwood and porcelain tile flooring run throughout the unit. The updated bathroom includes an extended banjo countertop. Additional features include an in-suite washer/dryer in a dedicated laundry closet, new trim, baseboards and mouldings, updated lighting, window draperies, and generous closet space. Enjoy your own private balcony and included parking stall.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 817 sq ft
parking: 0
year built: 1976
strata fee: $492 / mo ($0.60 / sq ft)
days on market: 39
MLS®: E4508969

features

Lane
Closet Organizers
Recreational
Refrigerator
Dishwasher
Stove

city assessment

$229,000

2026 assessment · market value as of July 1, 2025

Down 2.3% from $234,500 in 2025
$250,000 in 2016 (-8% over ten years)
Asking price is 8% below the assessment
Built 1976
Lot 84 m² (902 sq ft)
Floor area on the roll 814 sq ft

roll year	assessed
2026	$229,000
2025	$234,500
2024	$217,500
2023	$215,000
2022	$211,500
2021	$225,500
2020	$229,500
2019	$247,500

From City of Edmonton open data (property assessments), matched to #402 10625 83 AVENUE 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 $2,373 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

$1,407/mo

Mortgage $915 · Strata $492

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

estimated payment

$915/ monthly

loan $168,000

25-year amortization

down payment20% · $42,00020%+ 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: $106,485
land title fees: $480; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $42,480; down + land title fees
total paid: $274,485

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: $30/mo
cap rate: 5.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $915 · strata $492 · 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