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#42 1203 163 ST SW
homes for sale · Edmonton · Glenridding Heights
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$320,000

#42 1203 163 ST SW

Glenridding Heights, Edmonton · MLS® E4498087

23

1,193 sq ft · 123 m² lot · Townhouse · Single Family · built 2020 · 107 days on market

listed by Vikram Singh, Homes & Gardens Real Estate Limited

realtor's description

LOCATION, STYLE & IMMACULATE CONDITION! Perfect for first-time buyers, investors, or those looking to downsize, this immaculate 2-bedroom, 2.5-bath townhome offers exceptional value in the sought-after Windermere area. Featuring a titled parking stall, attached single garage, and pride of ownership throughout, this move-in ready home is sure to impress. The entry level includes a versatile flex room that was previously used by an elderly family member, making it ideal for a home office, hobby room, or quiet retreat. The bright open-concept main floor showcases a modern kitchen with quartz countertops, stainless steel appliances, and abundant cabinetry. Step onto the spacious vinyl and aluminum deck, perfect for morning coffee or summer BBQs. Upstairs offers a generous primary bedroom with a 3-piece ensuite and large closet, a second bedroom, full 4-piece bath, and convenient upper-floor laundry. Close to schools, shopping, restaurants, parks, transit, and all the amenities Windermere has to offer!!

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
3
living area
1,193 sq ft
lot
123 m²
parking
0
year built
2020
strata fee
$241 / mo ($0.20 / sq ft)
days on market
107
MLS®
E4498087

features

  • Park/reserve
  • Public Swimming Pool
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$1,635/mo
Mortgage $1,394 · Strata $241

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

estimated payment
$1,394/ monthly
loan $256,000
25-year amortization
total interest
$162,263
land title fees
$680
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$64,680
down + land title fees
total paid
$418,263

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
−$338/mo
cap rate
4.0%
yearly net rent ÷ price

Costs: mortgage $1,394 · strata $241 · insurance ~$175 · 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

location

Glenridding Heights, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

  • Elementary K to Gr 9 Dr Margaret-Ann Armourhomes in this catchment

    24559.9 km away · 3815 Allan Drive SW, Edmonton · (587) 489-4704 · website

  • Middle K to Gr 9 Dr Margaret-Ann Armourhomes in this catchment

    24559.9 km away · 3815 Allan Drive SW, Edmonton · (587) 489-4704 · website

  • Secondary Gr 10-12 Lillian Osbornehomes in this catchment

    24561.0 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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
Vikram Singh
Homes & Gardens Real Estate Limited
call Vikram · 587-566-5608
Powered by: REALTOR.ca
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similar homes nearby

city assessment

$342,500

2026 assessment · market value as of July 1, 2025

  • Up 14.2% from $300,000 in 2025
  • Asking price is 7% below the assessment
  • Built 2020
  • Lot 123 m² (1,322 sq ft)
  • Floor area on the roll 1,171 sq ft
roll yearassessed
2026$342,500
2025$300,000
2024$270,500
2023$271,500
2022$252,000
2021$73,500

From City of Edmonton open data (property assessments), matched to #42 1203 163 STREET SW. 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 $3,549 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

Glenridding Heights, EdmontonGoogle Maps ↗
Drive times
  • St. John XXIII Catholic Elementary and Junior High6 min
  • Father Michael McCaffery Catholic High8 min
  • Covenant Health St. Joseph’s Auxiliary Hospital14 min
  • University of Alberta South Campus17 min
  • YEG airport24 min
  • Downtown Edmonton27 min
38

Walkability 38/100 · Mostly by car

Within a 10 minute walk: 6 parks and playgrounds, 1 school, 30 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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#31 1010 Rabbit Hill Rd SW, Edmonton, photo 5
#31 1010 Rabbit Hill Rd SW, Edmonton, photo 6
#31 1010 Rabbit Hill Rd SW, Edmonton, photo 7
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#31 1203 163 ST SW, Edmonton
#31 1203 163 ST SW, Edmonton, photo 2
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#31 1203 163 ST SW, Edmonton, photo 8
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