#404 10238 103 ST NW

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$209,000

#404 10238 103 ST NW

Downtown (Edmonton), Edmonton · MLS® E4513293

817 sq ft · Condo · Single Family · built 2016 · 8 days on market

listed by Tao Ji, Century 21 Masters

realtor's description

Experience the best of downtown living in this stylish 1 bed, 1 den &1 bath condo in the sought-after Ultima Tower. Inside, the thoughtfully designed unit features rich hardwood flooring & an inviting open-concept layout that seamlessly connects the kitchen, dining & living areas. The kitchen is complete with granite countertops & stainless steel appliances, adding a touch of modern elegance. The spacious primary bedroom features a walk-in closet, while the private den offers the perfect space for a home office or guest retreat. A full bathroom & a convenient in-suite laundry closet add to the unit’s everyday functionality. Step outside to enjoy the building’s incredible rooftop patio, perfect for relaxing, entertaining, or taking in the vibrant downtown atmosphere. Complete with one titled heated underground parking stall. Note: Some photos are virtually staged and/or digitally enhanced for illustrative purposes.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 817 sq ft
parking: 0
year built: 2016
strata fee: $636 / mo ($0.78 / sq ft)
days on market: 8
MLS®: E4513293

features

Refrigerator
Dishwasher
Stove
Microwave Range Hood Combo
Window Coverings
Garage door opener remote(s)

monthly cost

$1,547/mo

Mortgage $911 · Strata $636

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

estimated payment

$911/ monthly

loan $167,200

25-year amortization

down payment20% · $41,80020%+ 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: $105,978
land title fees: $480; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $42,280; down + land title fees
total paid: $273,178

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: −$386/mo
cap rate: 3.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $911 · strata $636 · 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

location

Downtown (Edmonton), EdmontonGoogle Maps ↗

Rapid transit: 102 Street LRT station, 200 m (about 4 min walk); Bay/Enterprise Square LRT station, 400 m (about 6 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Garneauhomes in this catchment
24573.0 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24574.3 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Allendale / McKernanhomes in this catchment

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.

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