#503 11211 85 ST NW

Parkdale (Edmonton), Edmonton · MLS® E4509826

968 sq ft · Condo · Single Family · built 1989 · 32 days on market

listed by Iryna Voloshyn, REMAX River City

realtor's description

Welcome to this well-maintained and beautifully updated 2-bedroom apartment on the 5th floor, offering amazing city view. Inside, you’ll find a renovated kitchen, a refreshed bathroom, and new flooring throughout that gives the apartment a clean and modern feel. The plumbing has also been fully updated, all interior water and drainage pipes, including the pipes inside the walls, have been replaced with new ones. All faucets have been replaced as well, and a new bathroom fan has been installed. With 2 bedrooms, 1 bathroom, a modern kitchen, and plenty of updates already completed, this is a great place to call home and a wonderful opportunity for a first-time buyer or investor.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 968 sq ft
parking: 0
year built: 1989
strata fee: $487 / mo ($0.50 / sq ft)
days on market: 32
MLS®: E4509826

buying in a building from 1982 to 2000: what to read first

features

No Smoking Home
Public Swimming Pool
Refrigerator
Dishwasher
Stove
Hood Fan

monthly cost

$1,128/mo

Mortgage $640 · Strata $487

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

estimated payment

$640/ monthly

loan $117,600

25-year amortization

down payment20% · $29,40020%+ 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: $74,539
land title fees: $370; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $29,770; down + land title fees
total paid: $192,139

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: $309/mo
cap rate: 7.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $640 · strata $487 · 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

location

Parkdale (Edmonton), EdmontonGoogle Maps ↗

Rapid transit: Stadium LRT station, 200 m (about 3 min walk); Coliseum LRT station, 1.3 km (about 21 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Deltonhomes in this catchment
24576.0 km away · 12126 - 89 Street NW, Edmonton · (780) 477-8742 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24575.1 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24575.8 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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.