5430 38a AV NW NW

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$235,000

5430 38a AV NW NW

Greenview (Edmonton), Edmonton · MLS® E4510309

1,392 sq ft · Townhouse · Single Family · built 1979 · 30 days on market

listed by Karunesh Saroya, Square 1 Realty Ltd

realtor's description

Exceptional value meets unbeatable convenience in this 1,225 sq. ft. two-storey Greenview townhouse! Whether you are a first-time buyer seeking the perfect starter home or an investor wanting a reliable property, this unit delivers. The main floor boasts a highly functional layout featuring a remarkably spacious living room that flows seamlessly into the adjoining dining area and kitchen, making daily meal prep and entertaining a breeze. Upstairs, you will find three good-sized bedrooms and a 1.5 bath configuration, providing ample room for family, guests, or a home office. Forget scraping ice off your windshield this winter—a massive highlight of this home is the highly coveted single attached garage. Situated in a sought-after Millwoods neighborhood, this property perfectly combines location, space, and true affordability

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,392 sq ft
parking: 0
year built: 1979
strata fee: $344 / mo ($0.25 / sq ft)
days on market: 30
MLS®: E4510309

features

No Animal Home
No Smoking Home
Dishwasher
Microwave
See remarks
Garage door opener

monthly cost

$1,368/mo

Mortgage $1,024 · Strata $344

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

estimated payment

$1,024/ monthly

loan $188,000

25-year amortization

down payment20% · $47,00020%+ 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: $119,162
land title fees: $525; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $47,525; down + land title fees
total paid: $307,162

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: $187/mo
cap rate: 6.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,024 · strata $344 · 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

Greenview (Edmonton), EdmontonGoogle Maps ↗

Rapid transit: Millbourne/Woodvale LRT station, 1.3 km (about 20 min walk); Grey Nuns LRT station, 1.4 km (about 22 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Greenviewhomes in this catchment
24552.5 km away · 5904 - 38 Avenue NW, Edmonton · (780) 462-0660 · website
Middle Gr 7-9 Edith Rogershomes in this catchment
24553.4 km away · 8308 Millwoods Road NW, Edmonton · (780) 462-3310 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24552.0 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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