Townhouse
$329,998
#62 4825 120 ST NW
Malmo Plains, Edmonton2 days on market
listed by Royal Lepage Arteam Realty
MLS® E4514041
#52 4825 120 ST NW
$259,998
#52 4825 120 ST NW
Malmo Plains, Edmonton · MLS® E4510993
22
880 sq ft · Townhouse · Single Family · built 2026 · 25 days on market
listed by Wally Karout, Royal Lepage Arteam Realty
realtor's description
Welcome to Michener Park! This brand new townhouse unit the “Mila” Built by StreetSide Developments and is located in one of South Edmonton's newest premier communities of Michener Park. With almost 900 square Feet, it comes with full landscaping and a parking stall, this opportunity is perfect for a young family or young couple. Your main floor is complete with upgrade luxury Vinyl Plank flooring throughout the great room and the kitchen. Highlighted in your new kitchen are upgraded cabinet and a tile back splash. The upper level has 2 bedrooms and a full bathroom. This town home also comes with a unfinished basement perfect for a future development. ***Home is under construction and the photos are of an artist rendering and finishing's may vary, will be complete by March 2027 ***
property details
- type
- Townhouse, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 880 sq ft
- parking
- 0
- year built
- 2026
- strata fee
- $98 / mo ($0.11 / sq ft)
- days on market
- 25
- MLS®
- E4510993
features
- See remarks
- Public Swimming Pool
- See remarks
monthly cost
$1,231/mo
Mortgage $1,133 · Strata $98
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- $66/mo
- cap rate
- 5.5%
- yearly net rent ÷ price
Costs: mortgage $1,133 · strata $98 · insurance ~$175 · 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
Malmo Plains, EdmontonGoogle Maps ↗
Rapid transit: Southgate LRT station, 1.4 km (about 22 min walk); South Campus/Fort Edmonton Park LRT station, 1.8 km (about 29 min walk).
schools
Catchment schools, Edmonton Public Schools
- Elementary K to Gr 6 Lansdownehomes in this catchment
24566.5 km away · 12323 - 51 Avenue NW, Edmonton · (780) 434-3160 · website
- Middle Gr 7-9 Avalonhomes in this catchment
24566.1 km away · 5425 - 114 Street NW, Edmonton · (780) 434-8402 · website
- Secondary Gr 10-12 Harry Ainlayhomes in this catchment
24565.1 km away · 4350 - 111 Street NW, Edmonton · (780) 413-2700 · 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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