#423 5340 199 ST NW

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$205,000

#423 5340 199 ST NW

The Hamptons, Edmonton · MLS® E4511136

856 sq ft · Condo · Single Family · built 2005 · 24 days on market

listed by Mark Friesen, Coldwell Banker Mountain Central

realtor's description

**Buyers Bonus-six months condo fees paid upon successful closing!! Welcome to Park Place Hamptons, where comfort and convenience come together. This bright and inviting 2-bedroom, 2-bathroom TOP floor/END unit condo offers 856 sq ft of thoughtfully designed living space, highlighted by vaulted ceilings and an abundance of natural light. The spacious primary bedroom features a walk-in closet and private 4-piece ensuite, while the generous second bedroom provides flexibility for guests, family, or a home office. Enjoy the convenience of in-suite laundry, a private balcony, and the added luxury of a heated underground titled parking stall; something you'll appreciate year-round. With golf, shopping, schools, playgrounds, and public transit nearby, you'll be living in a location that has it all.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 856 sq ft
parking: 0
year built: 2005
strata fee: $542 / mo ($0.63 / sq ft)
days on market: 24
MLS®: E4511136

features

See remarks
No Smoking Home
Dishwasher
Stove
Hood Fan
Window Coverings

monthly cost

$1,435/mo

Mortgage $893 · Strata $542

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

estimated payment

$893/ monthly

loan $164,000

25-year amortization

down payment20% · $41,00020%+ 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: $103,950
land title fees: $470; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $41,470; down + land title fees
total paid: $267,950

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: $2/mo
cap rate: 5.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $893 · strata $542 · 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

location

The Hamptons, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Bessie Nichols or Kim Hunghomes in this catchment
24578.7 km away · 189 Hemingway Road NW, Edmonton · (780) 444-1922 · website
Middle Bessie Nichols / Kim Hunghomes in this catchment
Secondary Gr 10-12 Jasper Placehomes in this catchment
24579.0 km away · 8950 - 163 Street NW, Edmonton · (780) 408-9000 · 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.

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