#602 164 Bridgeport Bv, Leduc — $185,000 · mihom.ca

property tax

about $1,738 a year

The asking price times Leduc's 2026 residential rate of 9.40 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,173/mo

Mortgage $806 · Strata $367

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

estimated payment

$806/ monthly

loan $148,000

25-year amortization

down payment20% · $37,00020%+ 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: $93,808
land title fees: $435; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $37,435; down + land title fees
total paid: $241,808

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: $124/mo
cap rate: 6.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $806 · strata $367 · 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

#602 164 Bridgeport Bv

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