#8 7317 118 ST NW

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

rent

$1,600/mo

after all costs

$114/mo

cap rate

6.0%

yearly net rent ÷ price

Costs: mortgage $766 · strata $557 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) 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

Catchment schools, Edmonton Public Schools

• Elementary K to Gr 6 Belgraviahomes in this catchment

  24570.2 km away · 11605 - 74 Avenue NW, Edmonton · (780) 435-5560 · website

• Middle K to Gr 9 McKernanhomes in this catchment

  24570.2 km away · 11330 - 76 Avenue NW, Edmonton · (780) 435-4163 · website

• Secondary Gr 10-12 Strathconahomes in this catchment

  24569.2 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · 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.