#403 9925 83 AV NW

1 / 11

$154,900

#403 9925 83 AV NW

Strathcona, Edmonton · MLS® E4512063

672 sq ft · Condo · Single Family · built 1971 · 18 days on market

listed by Andy Verhagen, RE/MAX Elite

realtor's description

Bright & Sunny Top-Floor Condo! This lovely one-bedroom unit features a desirable south-facing exposure with a large south-facing balcony, filling the home with natural light throughout the day. Beautiful hardwood and ceramic tile flooring complement the updated kitchen featuring wood cabinetry, quartz countertops and stainless steel appliances. The spacious bedroom, attractive 4-piece bathroom, convenient in-suite laundry and large in-suite storage room make this a very functional home. Located in a well-managed building in a fantastic location just off Whyte Avenue, close to shopping, restaurants, cafés and everyday amenities. Excellent walkability and priced to sell—a great opportunity for a first-time buyer, student, professional or investor.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 672 sq ft
parking: 0
year built: 1971
strata fee: $472 / mo ($0.70 / sq ft)
days on market: 18
MLS®: E4512063

features

See remarks
Flat site
Refrigerator
Dishwasher
Stove
Microwave

city assessment

$151,500

2026 assessment · market value as of July 1, 2025

Down 7.1% from $163,000 in 2025
$207,000 in 2016 (-27% over ten years)
Asking price is 2% above the assessment
Built 1988
Lot 47 m² (510 sq ft)
Floor area on the roll 660 sq ft

roll year	assessed
2026	$151,500
2025	$163,000
2024	$155,000
2023	$150,500
2022	$155,500
2021	$168,500
2020	$166,500
2019	$173,500

From City of Edmonton open data (property assessments), matched to #403 9925 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 $1,570 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

$1,146/mo

Mortgage $675 · Strata $472

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

estimated payment

$675/ monthly

loan $123,920

25-year amortization

down payment20% · $30,98020%+ 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: $78,545
land title fees: $380; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $31,360; down + land title fees
total paid: $202,465

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: $1,300/mo
after all costs: $15/mo
cap rate: 5.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $675 · strata $472 · 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