7508 139 ST NW

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$1,039,000

7508 139 ST NW

Laurier Heights, Edmonton · MLS® E4506192

1,442 sq ft · 1,026 m² lot · House · Single Family · built 1960 · 56 days on market

listed by Wassim Moustapha, Royal Lepage Arteam Realty

realtor's description

Prime Laurier Heights Redevelopment-11,000sq ft lot with 130ft frontage. Rare opportunity to acquire a premium redevelopment property in the highly sought after community of Laurier Heights. The city has pre-approved the subdivision of the property into 2 separate lots creating flexibility for future development. Opportunities of this size and scale are extremely rare. Laurier heights is known for its tree lined streets, large lots and excellent schools, parks, river valley access and proximity to downtown, making this an exceptional location for redevelopment. Secure one of the area's most compelling redevelopment sites and unlock its full potential. *The existing home is being sold where is, as is, with the value primarily attributed to the land and its redevelopment potential.

property details

type: House, Single Family
bedrooms: 1
bathrooms: 1
living area: 1,442 sq ft
lot: 1,026 m²
parking: 0
year built: 1960
days on market: 56
MLS®: E4506192

features

Subdividable lot
See remarks

city assessment

$936,000

2026 assessment · market value as of July 1, 2025

Up 5.2% from $889,500 in 2025
$653,000 in 2016 (43% over ten years)
Asking price is 11% above the assessment
Built 1960
Lot 1,026 m² (11,042 sq ft)
Floor area on the roll 2,089 sq ft

roll year	assessed
2026	$936,000
2025	$889,500
2024	$811,000
2023	$785,000
2022	$799,000
2021	$748,500
2020	$700,000
2019	$649,000

From City of Edmonton open data (property assessments), matched to 7508 139 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 $9,700 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

$4,527/mo

Mortgage $4,527

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

estimated payment

$4,527/ monthly

loan $831,200

25-year amortization

down payment20% · $207,80020%+ 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: $526,847
land title fees: $1,975; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $209,775; down + land title fees
total paid: $1,358,047

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