4142 48 AV

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$154,900

4142 48 AV

Bonnyville, Bonnyville Town · MLS® E4507573

1,000 sq ft · Townhouse · Single Family · built 1978 · 47 days on market

listed by Natalie Kelly, RE/MAX Bonnyville Realty

realtor's description

Affordable Living is HERE at Cedar Villa! This cozy condo is a great place to begin! Step inside to a spacious dining area, bright living room and convenient kitchen with plenty of countertop space, pantry and all appliances included. 4 bedrooms and 2 baths, including a handy half bath off the front entry. The basement is partially developed with laundry, space for a future rec room, bathroom rough-in and storage. Upgrades throughout the years include windows, doors, HE furnace, flooring, trim, paint, light fixtures and more! Outside, enjoy a landscaped and fenced yard complete with deck, concrete patio and shed. Includes 2 assigned parking stalls, one with power. Located across from a park and close to town amenities. A great opportunity to stop renting and own your own space today!

property details

type: Townhouse, Single Family
bedrooms: 4
bathrooms: 2
living area: 1,000 sq ft
parking: 0
year built: 1978
strata fee: $372 / mo ($0.37 / sq ft)
days on market: 47
MLS®: E4507573

features

Washer
Refrigerator
Stove
Dryer
Storage Shed
Window Coverings

property tax

about $1,669 a year

The asking price times Bonnyville's 2026 residential rate of 10.78 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,047/mo

Mortgage $675 · Strata $372

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: $1,910/mo
after all costs: $536/mo
cap rate: 9.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $675 · strata $372 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Alberta: CMHC's average there ($1,848) raised by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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