#515 11325 83 ST NW

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$144,000

#515 11325 83 ST NW

Parkdale (Edmonton), Edmonton · MLS® E4510666

221

729 sq ft · Condo · Single Family · built 2004 · 27 days on market

listed by Laureen Espinoza, MaxWell Challenge Realty

realtor's description

Welcome to this bright and beautifully maintained 2-bedroom, 2-bathroom condo offering an open-concept layout designed for comfortable everyday living. The modern kitchen features white cabinetry, generous counter space, and a seamless flow into the dining and living areas, perfect for entertaining or relaxing at home. Vaulted ceilings create an impressive sense of space while filling the home with natural light. Step outside to the large private balcony overlooking a quiet, tree-lined street, the perfect spot to enjoy your morning coffee or unwind after a long day. With two spacious bedrooms, including a primary suite with its own ensuite, this home offers both comfort and functionality. Ideally located close to amenities, shopping, parks, LRT and transit, and your very own parking stall, this condo is an excellent opportunity for first-time buyers, professionals, or those looking to downsize without compromise.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 729 sq ft
parking: 1
year built: 2004
strata fee: $444 / mo ($0.61 / sq ft)
days on market: 27
MLS®: E4510666

features

See remarks
Flat site
See remarks

monthly cost

$1,072/mo

Mortgage $627 · Strata $444

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

estimated payment

$627/ monthly

loan $115,200

25-year amortization

down payment20% · $28,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $73,018
land title fees: $365; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $29,165; down + land title fees
total paid: $188,218

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: $365/mo
cap rate: 8.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $627 · strata $444 · 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, 400 m (about 7 min walk); Coliseum LRT station, 1 km (about 16 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Deltonhomes in this catchment
24576.1 km away · 12126 - 89 Street NW, Edmonton · (780) 477-8742 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24575.9 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · website
Secondary Gr 10-12 Eastglenhomes in this catchment
24574.5 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · 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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