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#436 160 Magrath Rd NW
homes for sale · Edmonton · Magrath Heights
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$359,900

#436 160 Magrath Rd NW

Magrath Heights, Edmonton · MLS® E4511367

222

1,196 sq ft · Condo · Single Family · built 2005 · 23 days on market

listed by Jeneen Marchant, RE/MAX Real Estate

realtor's description

Looking to downsize before winter hits? Now is your chance! This 1,196 sq.ft. 2 bedroom PLUS DEN, ADULT LIVING 55+ condo has DOUBLE STORAGE (a cage underground & 11x6 ft room on your floor), and DOUBLE PARKING (one inside and one outside)! You won't feel like you are losing any space as this TOP FLOOR unit has so much room! You come home and are greeted by the open concept of the large kitchen, dining area, and living room with gas fireplace. The den is just off of the entry, so you can use it as an office, mud room, craft room, etc. The bedrooms are on either side of the unit for privacy if you have a guest staying, and they each have their own bathrooms; the primary has a large ensuite. The balcony faces east with a view of a park, which you also see from every window. And not only are you steps from shopping, restaurants, and other amenities, the quiet CONCRETE building has so much to offer including a gym with hot tub and steam room, movie room, social room, and car wash!

similar homes nearby

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,196 sq ft
parking
2
year built
2005
strata fee
$774 / mo ($0.65 / sq ft)
days on market
23
MLS®
E4511367

features

  • No back lane
  • Park/reserve
  • No Animal Home
  • No Smoking Home
  • Washer
  • Refrigerator

monthly cost

$2,342/mo
Mortgage $1,568 · Strata $774

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

estimated payment
$1,568/ monthly
loan $287,920
25-year amortization
total interest
$182,495
land title fees
$750
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$72,730
down + land title fees
total paid
$470,415

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
−$905/mo
cap rate
2.2%
yearly net rent ÷ price

Costs: mortgage $1,568 · strata $774 · 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

schools

Catchment schools, Edmonton Public Schools

  • Elementary K to Gr 9 Nellie Carlsonhomes in this catchment

    24560.7 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website

  • Middle K to Gr 9 Nellie Carlsonhomes in this catchment

    24560.7 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website

  • Secondary Gr 10-12 Lillian Osbornehomes in this catchment

    24562.4 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Jeneen Marchant
RE/MAX Real Estate
call Jeneen · 780-904-4240
Powered by: REALTOR.ca
▶ virtual tour

location

Magrath Heights, EdmontonGoogle Maps ↗

location

Magrath Heights, EdmontonGoogle Maps ↗
Drive times
  • Lillian Osborne High4 min
  • Sweet Grass Elementary7 min
  • Covenant Health St. Joseph’s Auxiliary Hospital8 min
  • University of Alberta South Campus11 min
  • Downtown Edmonton23 min
  • YEG airport25 min
79

Walkability 79/100 · Walkable: many errands on foot

Within a 10 minute walk: 1 grocery store, 13 places to eat or drink, 3 cafes, 6 parks and playgrounds, 1 pharmacy, 34 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

city assessment

$300,000

2026 assessment · market value as of July 1, 2025

  • Up 7.5% from $279,000 in 2025
  • $352,000 in 2016 (-15% over ten years)
  • Asking price is 20% above the assessment
  • Built 2005
  • Lot 85 m² (912 sq ft)
  • Floor area on the roll 1,187 sq ft
roll yearassessed
2026$300,000
2025$279,000
2024$249,500
2023$248,500
2022$263,500
2021$285,500
2020$280,000
2019$298,000

From City of Edmonton open data (property assessments), matched to #436 160 MAGRATH ROAD 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 $3,109 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.

#106 160 Magrath Rd NW, Edmonton
#106 160 Magrath Rd NW, Edmonton, photo 2
#106 160 Magrath Rd NW, Edmonton, photo 3
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#106 160 Magrath Rd NW, Edmonton, photo 6
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#106 160 Magrath Rd NW, Edmonton, photo 8
Condo
$320,000
4methe deep dive
#106 160 Magrath Rd NW
Magrath Heights, Edmonton7 days on market
listed by Mozaic Realty Group
2221,186 sq ft
MLS® E4513438
#425 160 Magrath RD NW NW, Edmonton
#425 160 Magrath RD NW NW, Edmonton, photo 2
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Condo
$340,000
4methe deep dive
#425 160 Magrath RD NW NW
Magrath Heights, Edmonton10 days on market
listed by Real Broker
22
#102 7459 May Common NW, Edmonton
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Condo
$403,300
4methe deep dive
#102 7459 May Common NW
Magrath Heights, Edmonton10 days on market
listed by REMAX River City
22
#104 7459 May Common NW, Edmonton
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Condo
$454,000
4methe deep dive
#104 7459 May Common NW
Magrath Heights, Edmonton9 days on market
listed by REMAX River City
22
#418 7459 May Common NW, Edmonton
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Condo
$424,100
4methe deep dive
#418 7459 May Common NW
Magrath Heights, Edmonton9 days on market
listed by REMAX River City
22
#60 120 Magrath Rd NW, Edmonton
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House
$359,900
4methe deep dive
#60 120 Magrath Rd NW
Magrath Heights, Edmonton39 days on market
listed by MaxWell Progressive
23
2
1,195 sq ft
MLS® E4513142
1
995 sq ft
MLS® E4513144
1
1,128 sq ft
MLS® E4513205
1
995 sq ft
MLS® E4513208
2
1,282 sq ft
MLS® E4508958