#51, 2503 24 ST NW

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$299,900

#51, 2503 24 ST NW

Silver Berry, Edmonton · MLS® E4483637

1,170 sq ft · Townhouse · Single Family · built 2006 · 186 days on market

listed by Harpal Gill, smartPRO Realty

realtor's description

Welcome to this fantastic CORNER UNIT Townhouse located in Silver Berry. The home is across the road from shopping, steps from public transportation, schools and lots of street parking.perfect for first-time buyers or investors. home offers 3 bedrooms and a single attached oversize garage with a SEPARATE ENTRY DOOR to the basement.The main floor offers a spacious living area, big sunny windows, a convenient half bath with laundry, dinning area and well designed kitchen with plenty of counter space. upstairs you will find 3 bedrooms, walkout closet and full washroom.Enjoy summer BBQ on your private back deck and fully fenced backyard.The unfinished basement offers endless potential with big windows and space for future development. Dont miss this amazing opportunity.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,170 sq ft
parking: 0
year built: 2006
strata fee: $306 / mo ($0.26 / sq ft)
days on market: 186
MLS®: E4483637

features

Corner Site
No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher

monthly cost

$1,613/mo

Mortgage $1,307 · Strata $306

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

estimated payment

$1,307/ monthly

loan $239,920

25-year amortization

down payment20% · $59,98020%+ 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: $152,071
land title fees: $640; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $60,620; down + land title fees
total paid: $391,991

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: −$58/mo
cap rate: 5.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,307 · strata $306 · 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

Silver Berry, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Minchauhomes in this catchment
24546.5 km away · 3615 Millwoods Road East NW, Edmonton · (780) 461-0616 · website
Middle Gr 7-9 Kate Chegwinhomes in this catchment
24546.4 km away · 3119 - 48 Street NW, Edmonton · (780) 469-0470 · website
Secondary Gr 10-12 W P Wagnerhomes in this catchment
24549.9 km away · 6310 Wagner Road NW, Edmonton · (780) 469-1315 · 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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