Condo
$105,000
#701 10106 105 ST NW
Downtown (Edmonton), Edmonton15 days on market
listed by RE/MAX Elite
MLS® E4512578
#701 10024 Jasper Av NW
$90,000
#701 10024 Jasper Av NW
Downtown (Edmonton), Edmonton · MLS® E4510109
11
531 sq ft · Condo · Single Family · built 1968 · 31 days on market
listed by Joanne Griffith, MaxWell Devonshire Realty
realtor's description
Downtown living doesn’t get much more convenient—or affordable! Welcome to Cambridge Lofts, where you can enjoy the energy and convenience of Edmonton’s vibrant downtown right outside your door. This freshly painted home features newer appliances and offers an affordable opportunity for first-time buyers, downsizers, investors, or students looking to own rather than pay rent. With direct access to the LRT, getting around the city is effortless, while Rogers Place, restaurants, pubs, shops, the library, and the beautiful river valley are all just an easy walk away. Enjoy the charm and elegance of the nearby Hotel Macdonald and the convenience of having everything you need within reach. Add in the peace of mind of a secure building, and you have a fantastic opportunity to enjoy the downtown lifestyle while keeping your monthly housing costs manageable. Why rent when you can own and build equity in the heart of Edmonton?
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 531 sq ft
- parking
- 0
- year built
- 1968
- strata fee
- $379 / mo ($0.71 / sq ft)
- days on market
- 31
- MLS®
- E4510109
features
- Refrigerator
- Dishwasher
- Stove
- Washer/Dryer Stack-Up
monthly cost
$771/mo
Mortgage $392 · Strata $379
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,300/mo
- after all costs
- $390/mo
- cap rate
- 10.4%
- yearly net rent ÷ price
Costs: mortgage $392 · strata $379 · 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
