#611 12831 66 ST NW

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$82,900

#611 12831 66 ST NW

Belvedere, Edmonton · MLS® E4496314

528 sq ft · Condo · Single Family · built 1983 · 117 days on market

listed by Ade Aladejare, Real Broker

realtor's description

Welcome to this bright and spacious one-bedroom, one-bathroom residence in a secure, well-maintained building with professional management you can count on. Step inside to discover an expansive living room ideal for entertaining, plus a generously sized bedroom that offers a true retreat. Convenience is key: enjoy on-site parking and in-building laundry—rare finds at this price point. Location? Unbeatable. Situated just moments from public transit, premier shopping, dining, and everyday essentials, this home puts everything at your doorstep. Whether you're a savvy investor seeking strong rental potential or a first-time buyer ready to stop renting and start building equity, this opportunity checks every box. Don't wait!

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 528 sq ft
parking: 0
year built: 1983
strata fee: $372 / mo ($0.70 / sq ft)
days on market: 117
MLS®: E4496314

buying in a building from 1982 to 2000: what to read first

features

Refrigerator
Intercom
Stove

city assessment

$57,500

2026 assessment · market value as of July 1, 2025

Up 11.7% from $51,500 in 2025
$97,000 in 2016 (-41% over ten years)
Asking price is 44% above the assessment
Built 1983
Lot 26 m² (280 sq ft)
Floor area on the roll 517 sq ft

roll year	assessed
2026	$57,500
2025	$51,500
2024	$51,000
2023	$53,000
2022	$55,500
2021	$59,500
2020	$62,000
2019	$64,000

From City of Edmonton open data (property assessments), matched to #611 12831 66 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 $596 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

$733/mo

Mortgage $361 · Strata $372

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

estimated payment

$361/ monthly

loan $66,320

25-year amortization

down payment20% · $16,58020%+ 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: $42,036
land title fees: $255; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $16,835; down + land title fees
total paid: $108,356

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: $428/mo
cap rate: 11.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $361 · strata $372 · 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