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7115 39A AV NW
homes for sale · Edmonton · Michaels Park
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$500,000

7115 39A AV NW

Michaels Park, Edmonton · MLS® E4511137

63

1,348 sq ft · House · Single Family · built 1974 · 23 days on market

listed by Jim Dhillon, RE/MAX Elite

realtor's description

Investor-ready and income generating in a prime Mill Woods location! Situated in a quiet cul-de-sac just steps from the LRT, this renovated property offers exceptional value in a strong rental area with great long-term potential. Already generating income with excellent tenants in place, this is a true turnkey opportunity for investors. Designed for maximum functionality, with 2 fully self-contained living areas, featuring 3 bedrooms and 1.5 bathrooms on the 1348sq ft upper level, plus a separate 1213sq ft lower suite with 3 bedrooms and 1 full bathroom. Both suites offer their own private entrances & separate in-suite laundries. Major mechanical upgrades include 2 separate high-efficiency furnaces & a 60-gallon hot water tank, offering maximum efficiency. Whether you're adding to your portfolio or purchasing your first investment property, this one checks all the boxes with strong income, recent updates, an ideal layout, and an unbeatable location close to transit, amenities, schools, and more!

property details

type
House, Single Family
bedrooms
6
bathrooms
3
living area
1,348 sq ft
parking
0
year built
1974
days on market
23
MLS®
E4511137

features

  • See remarks
  • Paved lane
  • Lane
  • Dishwasher
  • Dryer
  • Microwave Range Hood Combo

monthly cost

$2,178/mo
Mortgage $2,178

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment
$2,178/ monthly
loan $400,000
25-year amortization
total interest
$253,536
land title fees
$1,000
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$101,000
down + land title fees
total paid
$653,536

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Michaels Park, EdmontonGoogle Maps ↗

Rapid transit: Millbourne/Woodvale LRT station, 600 m (about 9 min walk); Grey Nuns LRT station, 1.7 km (about 27 min walk).

schools

Catchment schools, Edmonton Public Schools

  • Elementary K to Gr 6 Lee Ridgehomes in this catchment

    24555.1 km away · 440 Millbourne Road East NW, Edmonton · (780) 462-3230 · website

  • Middle Gr 7-9 Edith Rogershomes in this catchment

    24555.7 km away · 8308 Millwoods Road NW, Edmonton · (780) 462-3310 · website

  • Secondary Gr 10-12 J Percy Pagehomes in this catchment

    24554.3 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · website

From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Jim Dhillon
RE/MAX Elite
call Jim · 780-952-2995
Powered by: REALTOR.ca
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similar homes nearby

city assessment

$528,000

2026 assessment · market value as of July 1, 2025

  • Up 3.5% from $510,000 in 2025
  • $351,000 in 2016 (50% over ten years)
  • Asking price is 5% below the assessment
  • Built 1974
  • Lot 605 m² (6,508 sq ft)
  • Floor area on the roll 1,296 sq ft
roll yearassessed
2026$528,000
2025$510,000
2024$451,500
2023$475,000
2022$446,500
2021$404,000
2020$367,500
2019$339,500

From City of Edmonton open data (property assessments), matched to 7115 39A 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 $5,472 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.

location

Michaels Park, EdmontonGoogle Maps ↗
Drive times
  • Malcolm Tweddle Elementary4 min
  • Grey Nuns Community Hospital6 min
  • Holy Trinity Catholic High6 min
  • NAIT Souch Campus11 min
  • Downtown Edmonton16 min
  • YEG airport28 min

Rapid transit: Millbourne/Woodvale LRT station, 600 m (about 9 min walk); Grey Nuns LRT station, 1.7 km (about 27 min walk).

75

Walkability 75/100 · Walkable: many errands on foot

Within a 10 minute walk: 2 grocery stores, 6 places to eat or drink, 3 cafes, 6 parks and playgrounds, 4 schools, 1 pharmacy, 30 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

4324 70 ST NW, Edmonton
4324 70 ST NW, Edmonton, photo 2
4324 70 ST NW, Edmonton, photo 3
4324 70 ST NW, Edmonton, photo 4
4324 70 ST NW, Edmonton, photo 5
4324 70 ST NW, Edmonton, photo 6
4324 70 ST NW, Edmonton, photo 7
4324 70 ST NW, Edmonton, photo 8
House
$479,900
4methe deep dive
4324 70 ST NW
Michaels Park, Edmonton12 days on market
listed by REMAX River City
531,104 sq ft
MLS® E4512727
#30 4137 76 ST NW, Edmonton
#30 4137 76 ST NW, Edmonton, photo 2
#30 4137 76 ST NW, Edmonton, photo 3
#30 4137 76 ST NW, Edmonton, photo 4
#30 4137 76 ST NW, Edmonton, photo 5
#30 4137 76 ST NW, Edmonton, photo 6
#30 4137 76 ST NW, Edmonton, photo 7
#30 4137 76 ST NW, Edmonton, photo 8
Townhouse
$354,999
4methe deep dive
#30 4137 76 ST NW
Michaels Park, Edmonton19 days on market
listed by MaxWell Polaris
33
4320 74 ST NW, Edmonton
4320 74 ST NW, Edmonton, photo 2
4320 74 ST NW, Edmonton, photo 3
4320 74 ST NW, Edmonton, photo 4
4320 74 ST NW, Edmonton, photo 5
4320 74 ST NW, Edmonton, photo 6
4320 74 ST NW, Edmonton, photo 7
4320 74 ST NW, Edmonton, photo 8
House
$515,000
4methe deep dive
4320 74 ST NW
Michaels Park, Edmonton93 days on market
listed by MaxWell Polaris
531,200 sq ft
MLS® E4500388
2
1,533 sq ft
MLS® E4511773