Devon · MLS® E4506491
32
1,086 sq ft · 135 m² lot · Townhouse · Single Family · built 1976 · 54 days on market
listed by Sharon Josey, REMAX River City
Welcome to the heart of Devon, a quiet and close-knit community where nature meets convenience. Whether you’re a first-time buyer or investor, this newly renovated 3-bedroom townhouse offers excellent value and a practical layout for everyday living. The bright, sun-filled living room features large windows that bring in an abundance of natural light. The spacious eat-in kitchen has been fully renovated with modern cabinetry, new appliances and plenty of room for family meals or entertaining. A convenient new 2 pc bath completes the main level. Upstairs, you’ll find a generous primary bedroom along with two additional well-sized bedrooms and a 4 pc bathroom. Extensive upgrades include new exterior finishing, shingles, front stairs, doors, windows, light fixtures, baseboards, electrical, kitchen, 2 pc bath, flooring and freshly painted. With affordable condo fees and a location close to schools, parks, walking trails and all the small-town charm Devon has to offer, this home is an excellent opportunity!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
about $1,887 a year
The asking price times Devon's 2026 residential rate of 9.44 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.
Costs: mortgage $871 · strata $500 · 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
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Walkability 62/100 · Walkable: many errands on foot
Within a 10 minute walk: 12 parks and playgrounds, 4 schools.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.