#44 1415 62 ST NW

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$200,000

#44 1415 62 ST NW

Sakaw, Edmonton · MLS® E4503814

1,158 sq ft · Townhouse · Single Family · built 1981 · 71 days on market

listed by Brittany Chaplin, Liv Real Estate

realtor's description

A first home with room to breathe, at an affordable price! This inviting townhouse pairs practical updates with a green-space location that deserves a closer look. The low-maintenance fenced patio gives you a spot to relax, while the expansive green space beyond offers plenty of room for park outings with the kids or a dog. The kitchen features new cabinetry and updated flooring through out. Generously sized bedrooms and a large five-piece bathroom provide comfortable everyday living, while the basement offers an additional room and plenty of storage. The hot water tank was replaced in 2021. If you’re looking for an affordable start in homeownership, put this one on your list—and make sure you look beyond the patio! Some photos are virtually staged.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,158 sq ft
parking: 0
year built: 1981
strata fee: $469 / mo ($0.41 / sq ft)
days on market: 71
MLS®: E4503814

features

Flat site
No back lane
No Smoking Home
Public Swimming Pool
Washer
Refrigerator

monthly cost

$1,341/mo

Mortgage $871 · Strata $469

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

estimated payment

$871/ monthly

loan $160,000

25-year amortization

down payment20% · $40,00020%+ 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: $101,414
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,460; down + land title fees
total paid: $261,414

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: $1,880/mo
after all costs: $214/mo
cap rate: 6.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $871 · strata $469 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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

Sakaw, EdmontonGoogle Maps ↗

Rapid transit: Mill Woods LRT station, 1.6 km (about 25 min walk); Grey Nuns LRT station, 2.1 km (about 33 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Sakawhomes in this catchment
24547.2 km away · 5730 - 11A Avenue NW, Edmonton · (780) 463-1854 · website
Middle Gr 7-9 Dan Knotthomes in this catchment
24548.3 km away · 1434 - 80 Street NW, Edmonton · (780) 462-7954 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24548.8 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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