#42 7121 May Cr NW

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$714,500

#42 7121 May Cr NW

Magrath Heights, Edmonton · MLS® E4510876

2,155 sq ft · 166 m² lot · Townhouse · Single Family · built 2025 · 26 days on market

listed by Christina Reid, Century 21 Leading

realtor's description

Live in luxury in one of Edmonton’s most desirable communities. The Hudson is located in Ekos Point, a community that rests at the edge of Larch Sanctuary and the Whitemud Creek. In these townhomes, you wake up with a gorgeous sanctuary right in your backyard, surrounded by greenery and plenty of walking trails. Experience peace and life in Larch. These aren’t just any townhomes — The Hudson is spacious and filled with modern touches, open large windows and elegant design. Every space of this house is brilliantly designed, from the flex room to the den. These homes boast a private patio and balcony, so you can take in all your surroundings. Start living in Ekos Point.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 2,155 sq ft
lot: 166 m²
parking: 0
year built: 2025
strata fee: $165 / mo ($0.08 / sq ft)
days on market: 26
MLS®: E4510876

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Garage door opener

city assessment

$643,000

2026 assessment · market value as of July 1, 2025

Up 469.0% from $113,000 in 2025
Asking price is 11% above the assessment
Built 2025
Lot 166 m² (1,789 sq ft)
Floor area on the roll 2,138 sq ft

roll year	assessed
2026	$643,000
2025	$113,000
2024	$144,500
2023	$144,500

From City of Edmonton open data (property assessments), matched to #42 7121 MAY CRESCENT 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 $6,663 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

$3,278/mo

Mortgage $3,113 · Strata $165

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

estimated payment

$3,113/ monthly

loan $571,600

25-year amortization

down payment20% · $142,90020%+ 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: $362,302
land title fees: $1,390; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $144,290; down + land title fees
total paid: $933,902

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: $1,880/mo
after all costs: −$1,724/mo
cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,113 · strata $165 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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