#404 11026 106 ST NW

rent

$1,300/mo

after all costs

$110/mo

cap rate

6.4%

yearly net rent ÷ price

Costs: mortgage $505 · strata $546 · 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

Rapid transit: Kingsway/Royal Alex LRT station, 200 m (about 2 min walk); NAIT LRT station, 900 m (about 15 min walk).

• Up 7.5% from $113,500 in 2025
• $155,000 in 2016 (-21% over ten years)
• Asking price is 5% below the assessment
• Built 1979
• Lot 88 m² (944 sq ft)
• Floor area on the roll 710 sq ft

From City of Edmonton open data (property assessments), matched to #404 11026 106 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 $1,264 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: Kingsway/Royal Alex LRT station, 200 m (about 2 min walk); NAIT LRT station, 900 m (about 15 min walk).