Westmount, Edmonton · MLS® E4477912
111
695 sq ft · Condo · Single Family · built 1978 · 221 days on market
listed by Justin Ralph, Exp Realty
Welcome to this inviting one-bedroom condo in the heart of Westmount, one of Edmonton’s most desirable and walkable communities. Thoughtfully designed, this home features a functional cove kitchen that opens into a spacious dining area—perfect for both everyday living and entertaining. The bright, airy living room offers a comfortable setting to relax, with natural light flowing seamlessly throughout the space. Adjacent to the living area, you’ll find a generously sized bedroom designed for comfort and privacy. A standout feature is the large storage room, providing exceptional space for organization and convenience. Ideal for first-time buyers, downsizers, or investors, this condo combines practicality with a welcoming layout, all within close proximity to MacEwan University, schools, parks, shopping, and transit. One assigned parking stall for the unit. Currently rented and cash flow positive.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $436 · strata $460 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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
Catchment schools, Edmonton Public Schools
24579.0 km away · 10950 - 127 Street NW, Edmonton · (780) 454-3449 · website
24579.0 km away · 13712 - 104 Avenue NW, Edmonton · (780) 452-4343 · website
24579.8 km away · 13546 - 111 Avenue NW, Edmonton · (780) 448-5000 · 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.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
Rapid transit: MacEwan LRT station, 1.5 km (about 23 min walk); Corona LRT station, 2.2 km (about 35 min walk).
$107,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $107,000 |
| 2025 | $102,000 |
| 2024 | $107,000 |
| 2023 | $104,500 |
| 2022 | $109,000 |
| 2021 | $118,000 |
| 2020 | $122,000 |
| 2019 | $128,000 |
From City of Edmonton open data (property assessments), matched to #403 10624 123 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,109 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.
Rapid transit: MacEwan LRT station, 1.5 km (about 23 min walk); Corona LRT station, 2.2 km (about 35 min walk).
Walkability 92/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 23 places to eat or drink, 10 cafes, 6 parks and playgrounds, 1 pharmacy, 29 transit stops.
mihom score from OpenStreetMap places, by straight line distance.