#607 12841 65 ST NW

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$85,000

#607 12841 65 ST NW

Belvedere, Edmonton · MLS® E4501018

653 sq ft · Condo · Single Family · built 1981 · 89 days on market

listed by Vida Guan, Mozaic Realty Group

realtor's description

Lower & Stable Condo Fees include Everything (Electricity, Heat, Water/Sewer, Parking etc.). Get ready to live, work, invest is never gonna be a dream after you meet this precious apartment in the CONCRETE building locates in the Belvedere. 6th floor with a huge balcony and pleas-ant view. 1 assigned covered parking stall, 1 bedroom, 1 bathroom, 1 storage closet, a galley style kitchen, dining area and a good size living room.The building & unit are in good conditions to take advantage of its low cost of living. Only few minutes LRT. Easy Access to DT, Royal Alex Hospital, Schools and all amenities.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 653 sq ft
parking: 0
year built: 1981
strata fee: $456 / mo ($0.70 / sq ft)
days on market: 89
MLS®: E4501018

features

See remarks
No Animal Home
No Smoking Home
Public Swimming Pool
Refrigerator
Dishwasher

city assessment

$64,500

2026 assessment · market value as of July 1, 2025

Up 9.3% from $59,000 in 2025
$119,000 in 2016 (-46% over ten years)
Asking price is 32% above the assessment
Built 1981
Lot 29 m² (308 sq ft)
Floor area on the roll 689 sq ft

roll year	assessed
2026	$64,500
2025	$59,000
2024	$59,500
2023	$63,500
2022	$67,500
2021	$68,500
2020	$73,000
2019	$83,000

From City of Edmonton open data (property assessments), matched to #607 12841 65 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $668 a year

The 2026 assessment times Edmonton's 2026 residential rate of 10.36 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.

monthly cost

$827/mo

Mortgage $370 · Strata $456

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

estimated payment

$370/ monthly

loan $68,000

25-year amortization

down payment20% · $17,00020%+ 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: $43,101
land title fees: $255; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $17,255; down + land title fees
total paid: $111,101

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: $1,300/mo
after all costs: $334/mo
cap rate: 9.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $370 · strata $456 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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