Westmount, Edmonton · MLS® E4512557
11
685 sq ft · Condo · Single Family · built 2003 · 15 days on market
listed by Basar Ozgun, CIR Realty
Welcome to Glenora Gates! This bright and inviting 1-bedroom condo with underground parking offers an excellent opportunity for first-time buyers, students, or investors. Enjoy an airy, functional layout with a spacious living area, west-facing balcony, and in-suite laundry. The well-designed kitchen and comfortable bedroom make this home both practical and welcoming. Located in a desirable central Edmonton neighbourhood, you're just minutes from Oliver Square, the Brewery District, 124 Street, MacEwan University, local shops, restaurants, public transit, and the beautiful River Valley trail system. With convenient access to downtown and everyday amenities, this location offers an ideal blend of urban living and outdoor recreation. Whether you're looking for an affordable place to call home or a smart addition to your investment portfolio, this condo is full of potential. Don't miss this opportunity to own in a sought-after central location!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $730 · strata $372 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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
Catchment schools, Edmonton Public Schools
24577.2 km away · 10227 - 118 Street NW, Edmonton · (780) 488-1221 · website
24576.9 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
24578.4 km away · 13712 - 104 Avenue NW, Edmonton · (780) 452-4343 · 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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Rapid transit: MacEwan LRT station, 1.2 km (about 19 min walk); Government Centre LRT station, 1.9 km (about 29 min walk).
$179,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $179,500 |
| 2025 | $174,000 |
| 2024 | $158,000 |
| 2023 | $165,000 |
| 2022 | $173,500 |
| 2021 | $179,000 |
| 2020 | $183,500 |
| 2019 | $185,000 |
From City of Edmonton open data (property assessments), matched to #432 10407 122 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,860 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.
Rapid transit: MacEwan LRT station, 1.2 km (about 19 min walk); Government Centre LRT station, 1.9 km (about 29 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 31 places to eat or drink, 14 cafes, 9 parks and playgrounds, 1 school, 2 pharmacies, 40 transit stops.
mihom score from OpenStreetMap places, by straight line distance.