#426 812 Welsh Dr SW SW

#426 812 Welsh Dr SW SW — photo 10 of 13

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$265,000

#426 812 Welsh Dr SW SW

Walker, Edmonton · MLS® E4511908

861 sq ft · Condo · Single Family · built 2020 · 18 days on market

listed by Kiran Puri, Ohmer Realty

realtor's description

2020 built TOP FLOOR CORNER UNIT. 2 full baths, heated U/G parking, and AC. The modern kitchen features QUARTZ countertops, soft close cabinetry and Stainless-Steel appliances. Enjoy 9ft ceiling, wide plank flooring, and a bright living area leading to a BALCONY. The primary bedroom includes a WALK-IN CLOSET and ENSUITE. ADDED PERKS: In-Suite Laundry, Same Floor STORAGE and ALL UTILITIES included in CONDO FEES. Minutes to shopping, schools, Ellerslie and Anthony Hendey!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 861 sq ft
parking: 0
year built: 2020
strata fee: $511 / mo ($0.59 / sq ft)
days on market: 18
MLS®: E4511908

features

No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher
Stove

city assessment

$261,500

2026 assessment · market value as of July 1, 2025

Up 4.0% from $251,500 in 2025
Asking price is 1% above the assessment
Built 2020
Lot 111 m² (1,190 sq ft)
Floor area on the roll 856 sq ft

roll year	assessed
2026	$261,500
2025	$251,500
2024	$222,000
2023	$214,000
2022	$206,000
2021	$211,500

From City of Edmonton open data (property assessments), matched to #426 812 WELSH DRIVE 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 $2,710 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

$1,665/mo

Mortgage $1,155 · Strata $511

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

estimated payment

$1,155/ monthly

loan $212,000

25-year amortization

down payment20% · $53,00020%+ 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: $134,374
land title fees: $580; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $53,580; down + land title fees
total paid: $346,374

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: −$228/mo
cap rate: 4.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,155 · strata $511 · 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