5839 Mullen Pl NW

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$399,900

5839 Mullen Pl NW

MacTaggart, Edmonton · MLS® E4508438

2,181 sq ft · Townhouse · Single Family · built 2012 · 42 days on market

listed by AJ Arwell, MaxWell Progressive

realtor's description

RARE 2180 sqft 3-storey townhome in Ravine Pointe at Mactaggart Ridge. The main floor features a bright, open layout throughout the living room, dining room, and kitchen with newer appliances and a covered balcony, ideal for everyday living and entertaining. The second floor offers a generous primary suite with a 4-piece ensuite and the luxury of TWO WALK-IN CLOSETS, a second bedroom, and convenient SECOND-FLOOR LAUNDRY. On the third floor, enjoy a family room and third bedroom. The partially finished basement can be used as a gym or customized to fit your lifestyle, with direct access to the attached DOUBLE GARAGE. Plenty of room for the whole family! Located in a desirable neighborhood close to parks, schools, shopping, and everyday amenities, this is a fantastic opportunity to own a truly unique 3-storey home with space, style, and convenience.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 2,181 sq ft
parking: 0
year built: 2012
strata fee: $504 / mo ($0.23 / sq ft)
days on market: 42
MLS®: E4508438

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Microwave Range Hood Combo

monthly cost

$2,247/mo

Mortgage $1,742 · Strata $504

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

estimated payment

$1,742/ monthly

loan $319,920

25-year amortization

down payment20% · $79,98020%+ 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: $202,778
land title fees: $820; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $80,800; down + land title fees
total paid: $522,698

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: −$692/mo
cap rate: 3.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,742 · strata $504 · 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

MacTaggart, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Nellie Carlsonhomes in this catchment
24558.5 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
Middle K to Gr 9 Nellie Carlsonhomes in this catchment
24558.5 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
Secondary Gr 10-12 Lillian Osbornehomes in this catchment
24560.2 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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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