#409 5350 199 ST NW

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$179,888

#409 5350 199 ST NW

The Hamptons, Edmonton · MLS® E4504000

221

848 sq ft · Condo · Single Family · built 2005 · 71 days on market

listed by Dragic Janjic, REMAX River City

realtor's description

Top-floor unit at Park Place Hamptons. Two bedrooms, two full baths, just under 850 sq ft, with vaulted ceilings in the living room and kitchen that make it feel bigger than the number suggests. Kitchen has maple cabinets and an island, plus in-suite laundry. Step onto the balcony for a view over the neighbourhood instead of someone's window. One titled parking stall included. Building is 2005, low-rise, four floors, with an elevator on site. Quick access to Henday for getting across the city, plus shopping, schools, and transit are all nearby and within walking distance in most cases. Great option for a first-time buyer or anyone looking to downsize without giving up space.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 848 sq ft
parking: 1
year built: 2005
strata fee: $518 / mo ($0.61 / sq ft)
days on market: 71
MLS®: E4504000

features

Flat site
Level
Washer
Refrigerator
Dishwasher
Stove

city assessment

$177,000

2026 assessment · market value as of July 1, 2025

Up 4.1% from $170,000 in 2025
$214,500 in 2016 (-17% over ten years)
Asking price is 2% above the assessment
Built 2005
Lot 79 m² (855 sq ft)
Floor area on the roll 861 sq ft

roll year	assessed
2026	$177,000
2025	$170,000
2024	$154,500
2023	$151,500
2022	$151,000
2021	$164,500
2020	$164,000
2019	$169,000

From City of Edmonton open data (property assessments), matched to #409 5350 199 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 $1,834 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

$1,301/mo

Mortgage $784 · Strata $518

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

estimated payment

$784/ monthly

loan $143,910

25-year amortization

down payment20% · $35,97820%+ 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: $91,216
land title fees: $425; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $36,403; down + land title fees
total paid: $235,126

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: $136/mo
cap rate: 6.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $784 · strata $518 · 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