#512 2908 116A AV NW

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$130,000

#512 2908 116A AV NW

Rundle Heights, Edmonton · MLS® E4496639

311

927 sq ft · Townhouse · Single Family · built 1972 · 114 days on market

listed by Terry Taschuk, MaxWell Polaris

realtor's description

***MUST SELL BRING ALL OFFERS!!!*** CORNER UNIT! MUST SELL! 3-bdrm, 1-bath, 1,000 SQ/FT townhouse, in Parkridge Estates. Quite well-managed complex in fabulous Rundle Heights. Condo fees covering heat, water etc. Great opportunity for investors, first-time buyers and or a small family. Private fenced yard, Spacious living areas, Galley-style kitchen, open dining area, Storage area. Upstairs are three generously sized bedrooms, a spacious 4-piece bathroom. This unit comes with one assigned parking stall, lots of visitor and street parking. Walk to Rundle Park 9 hole golf course, the beautiful scenic river valley minutes to endless biking & walking trails and ski hill in the winter!! Quick access to schools, playgrounds, shopping, public transit, with easy access to Yellowhead Trail and Anthony Henday ring road. MUST SELL BRING OFFERS!!

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 1
living area: 927 sq ft
parking: 1
year built: 1972
strata fee: $545 / mo ($0.59 / sq ft)
days on market: 114
MLS®: E4496639

features

Private setting
Corner Site
Flat site
Park/reserve
Level

city assessment

$93,000

2026 assessment · market value as of July 1, 2025

Up 13.4% from $82,000 in 2025
$121,500 in 2016 (-23% over ten years)
Asking price is 40% above the assessment
Built 1972
Lot 172 m² (1,851 sq ft)
Floor area on the roll 990 sq ft

roll year	assessed
2026	$93,000
2025	$82,000
2024	$74,500
2023	$79,000
2022	$81,000
2021	$88,000
2020	$94,000
2019	$100,500

From City of Edmonton open data (property assessments), matched to #512 2908 116A AVENUE 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 $964 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.

monthly cost

$1,111/mo

Mortgage $566 · Strata $545

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

estimated payment

$566/ monthly

loan $104,000

25-year amortization

down payment20% · $26,00020%+ 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: $65,919
land title fees: $335; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $26,335; down + land title fees
total paid: $169,919

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: $444/mo
cap rate: 9.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $566 · strata $545 · 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