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#404 10531 117 ST NW
homes for sale · Edmonton · Queen Mary Park
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$175,000

#404 10531 117 ST NW

Queen Mary Park, Edmonton · MLS® E4513868

21

853 sq ft · Condo · Single Family · built 2007 · 2 days on market

listed by Norm Cholak, REMAX River City

realtor's description

BEST PRICE! ONE-OF-A-KIND! TOP-FLOOR! 10-FOOT CEILINGS! TITLED HEATED UNDERGROUND PARKING! This Exceptional 2-bedroom condo combines Architectural Character, Distinctive Design, and an unbeatable Central Location. The unique building features a glass elevator and outdoor pedways, while the top-floor home showcases soaring 10-foot ceilings, West-Facing windows, and a Private west-facing balcony. Inside, Barn-Wood Accents, Custom Industrial-Style Lighting, and a Truly Unique light fixture incorporating a piece of the Historic Walterdale Bridge create a one-of-a-kind aesthetic rarely found in condo living. The galley-style kitchen offers ample cabinetry, breakfast bar seating, and stylish finishes, flowing into the bright living area with floor-to-ceiling windows. The spacious Primary Bedroom features generous closet space, while the 4-piece bathroom offers a glass shower and soaker tub. Newer flooring, fresh paint, in-suite laundry, assigned storage cage + low condo fee of $381.25 add exceptional value!

property details

similar homes nearby

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
853 sq ft
parking
0
year built
2007
strata fee
$381 / mo ($0.45 / sq ft)
days on market
2
MLS®
E4513868

features

  • Refrigerator
  • Dishwasher
  • Stove
  • Microwave
  • Window Coverings
  • Washer/Dryer Stack-Up

monthly cost

$1,144/mo
Mortgage $762 · Strata $381

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

estimated payment
$762/ monthly
loan $140,000
25-year amortization
total interest
$88,737
land title fees
$415
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$35,415
down + land title fees
total paid
$228,737

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
$293/mo
cap rate
7.2%
yearly net rent ÷ price

Costs: mortgage $762 · strata $381 · 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

schools

Catchment schools, Edmonton Public Schools

  • Elementary K to Gr 6 John A McDougallhomes in this catchment

    24577.0 km away · 10930 - 107 Street NW, Edmonton · (780) 426-0205 · website

  • Elementary K to Gr 12 Victoriahomes in this catchment

    24576.5 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website

  • Middle Gr 7-9 Spruce Avenuehomes in this catchment

    24577.3 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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.

listed by
Norm Cholak
REMAX River City
call Norm · 780-991-1313
Powered by: REALTOR.ca
▶ virtual tour

location

Queen Mary Park, EdmontonGoogle Maps ↗

Rapid transit: MacEwan LRT station, 700 m (about 11 min walk); Corona LRT station, 1.5 km (about 23 min walk).

city assessment

$204,000

2026 assessment · market value as of July 1, 2025

  • Down 1.0% from $206,000 in 2025
  • $255,000 in 2016 (-20% over ten years)
  • Asking price is 14% below the assessment
  • Built 2007
  • Lot 30 m² (328 sq ft)
  • Floor area on the roll 829 sq ft
roll yearassessed
2026$204,000
2025$206,000
2024$190,000
2023$185,500
2022$206,000
2021$220,500
2020$218,500
2019$229,500

From City of Edmonton open data (property assessments), matched to #404 10531 117 STREET 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 $2,114 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.

location

Queen Mary Park, EdmontonGoogle Maps ↗

Rapid transit: MacEwan LRT station, 700 m (about 11 min walk); Corona LRT station, 1.5 km (about 23 min walk).

Drive times
  • Westglen Elementary4 min
  • St. Joseph High4 min
  • MacEwan University City Centre Campus4 min
  • Downtown Edmonton5 min
  • Royal Alexandra Hospital6 min
  • YEG airport37 min
95

Walkability 95/100 · Very walkable: most errands on foot

Within a 10 minute walk: 2 grocery stores, 24 places to eat or drink, 4 cafes, 14 parks and playgrounds, 1 school, 2 pharmacies, 33 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

#142 10636 120 ST NW, Edmonton
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Condo
$185,000
4methe deep dive
#142 10636 120 ST NW
Queen Mary Park, Edmonton17 days on market
listed by The E Group Real Estate
321963 sq ft
MLS® E4512207
#105 10531 117 ST NW, Edmonton
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Condo
$159,900
4methe deep dive
#105 10531 117 ST NW
Queen Mary Park, Edmonton19 days on market
listed by Exp Realty
11677 sq ft
#163 10520 120 ST NW, Edmonton
#163 10520 120 ST NW, Edmonton, photo 2
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Condo
$159,999
4methe deep dive
#163 10520 120 ST NW
Queen Mary Park, Edmonton25 days on market
listed by Century 21 Masters
22
#305 10811 115 ST NW, Edmonton
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Condo
$146,000
4methe deep dive
#305 10811 115 ST NW
Queen Mary Park, Edmonton25 days on market
listed by MaxWell Devonshire Realty
31
#237 10636 120 ST NW, Edmonton
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Condo
$139,500
4methe deep dive
#237 10636 120 ST NW
Queen Mary Park, Edmonton26 days on market
listed by Century 21 Masters
11
#304 10611 117 ST NW, Edmonton
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Condo
$199,900
4methe deep dive
#304 10611 117 ST NW
Queen Mary Park, Edmonton28 days on market
listed by Real Broker
221
MLS® E4511789
809 sq ft
MLS® E4510881
901 sq ft
MLS® E4510861
632 sq ft
MLS® E4510729
863 sq ft
MLS® E4510621