#426 2045 Grantham Ct NW

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$219,900

#426 2045 Grantham Ct NW

Glastonbury, Edmonton · MLS® E4509315

784 sq ft · Condo · Single Family · built 2014 · 36 days on market

listed by Ryan Lauber, RE/MAX Elite

realtor's description

Spectacular top floor unit available in Californian Parkland! This 2 bed/1 bath unit offers an open floor plan w/9' ceilings, large kitchen w/s.s. appliances and granite counters, hardwood/tile flooring throughout, living area w/corner gas fireplace, good sized bedrooms, covered patio area, and laundry/storage area. Titled underground parking w/storage room. Well managed complex w/many useful amenities: entertainment room, fitness centre, hobby room, guest suite, car wash, and more! Located in a quiet area, close to schools, shopping, restaurants, public transportation, grocery stores and more! This is a great unit in a great complex!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 784 sq ft
parking: 0
year built: 2014
strata fee: $464 / mo ($0.59 / sq ft)
days on market: 36
MLS®: E4509315

features

No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher
Stove

city assessment

$234,000

2026 assessment · market value as of July 1, 2025

Up 6.1% from $220,500 in 2025
$236,500 in 2016 (-1% over ten years)
Asking price is 6% below the assessment
Built 2014
Lot 60 m² (642 sq ft)
Floor area on the roll 798 sq ft

roll year	assessed
2026	$234,000
2025	$220,500
2024	$194,000
2023	$189,000
2022	$191,000
2021	$206,000
2020	$201,500
2019	$217,500

From City of Edmonton open data (property assessments), matched to #426 2045 GRANTHAM COURT 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 $2,425 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

$1,422/mo

Mortgage $958 · Strata $464

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

estimated payment

$958/ monthly

loan $175,920

25-year amortization

down payment20% · $43,98020%+ 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: $111,505
land title fees: $500; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $44,480; down + land title fees
total paid: $287,425

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: $15/mo
cap rate: 5.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $958 · strata $464 · 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