6163 38 AV NW

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$239,900

6163 38 AV NW

Hillview, Edmonton · MLS® E4506469

1,075 sq ft · Townhouse · Single Family · built 1980 · 54 days on market

listed by Cecile Dumoulin, RE/MAX Excellence

realtor's description

Welcome to this well cared townhouse in Gatesboro in the community of Hillview. Enjoy the convenience of 2 parking stalls. LRT station is close by. 2 schools are also close by and parks. Total of 3 bedrooms and 2 bathrooms. The primary bedroom is spacious. The 2 other bedrooms are a good size. The kitchen has 3 appliances and a large bay window allowing lots of natural light. A good size living room, stoned face fireplace and hardwood floor. The basement is fully finished with a storage room, laundry with washer and dryer and rec room. Although pets are permitted, this condo is pet free.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,075 sq ft
parking: 0
year built: 1980
strata fee: $355 / mo ($0.33 / sq ft)
days on market: 54
MLS®: E4506469

features

No Smoking Home
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$222,000

2026 assessment · market value as of July 1, 2025

Up 12.4% from $197,500 in 2025
$231,500 in 2016 (-4% over ten years)
Asking price is 8% above the assessment
Built 1980
Lot 239 m² (2,570 sq ft)
Floor area on the roll 1,066 sq ft

roll year	assessed
2026	$222,000
2025	$197,500
2024	$172,500
2023	$181,000
2022	$178,000
2021	$190,500
2020	$204,500
2019	$214,000

From City of Edmonton open data (property assessments), matched to 6163 38 AVENUE 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 $2,301 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

$1,401/mo

Mortgage $1,045 · Strata $355

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

estimated payment

$1,045/ monthly

loan $191,920

25-year amortization

down payment20% · $47,98020%+ 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: $121,646
land title fees: $535; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $48,515; down + land title fees
total paid: $313,566

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: $154/mo
cap rate: 6.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,045 · strata $355 · 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