#807 10024 Jasper Av NW

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$89,750

#807 10024 Jasper Av NW

Downtown (Edmonton), Edmonton · MLS® E4512226

499 sq ft · Condo · Single Family · built 1968 · 17 days on market

listed by Manveer Maan, Century 21 All Stars Realty Ltd

realtor's description

Welcome to Cambridge Lofts, where urban convenience meets modern loft-style living. This 8th-floor condo is an excellent opportunity for students, professionals, investors, or those looking for a property with Airbnb/short-term rental potential. Featuring soaring ceilings, newer flooring, and a newer washer and dryer, this stylish unit is move-in ready. Located just off Jasper Avenue, you’ll enjoy exceptional access to Central LRT Station, with a bus stop conveniently located right outside the building. Walk to Rogers Place, the Downtown Farmers’ Market, the Art Gallery, restaurants, shopping, entertainment, and Edmonton’s beautiful River Valley trail system. Commuting to the University of Alberta and NAIT is quick and convenient via ETS and the LRT. Whether you’re looking to live, work, study, invest, or operate an Airbnb/short-term rental , this property offers outstanding flexibility in one of downtown Edmonton’s most connected locations. Some photos are virtually staged.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 499 sq ft
parking: 0
year built: 1968
strata fee: $349 / mo ($0.70 / sq ft)
days on market: 17
MLS®: E4512226

features

Flat site
Refrigerator
Dishwasher
Stove
Microwave Range Hood Combo
Washer/Dryer Combo

city assessment

$92,500

2026 assessment · market value as of July 1, 2025

Down 8.9% from $101,500 in 2025
$157,000 in 2016 (-41% over ten years)
Asking price is 3% below the assessment
Built 1998
Lot 5 m² (53 sq ft)
Floor area on the roll 441 sq ft

roll year	assessed
2026	$92,500
2025	$101,500
2024	$106,000
2023	$110,500
2022	$115,500
2021	$127,500
2020	$138,000
2019	$144,000

From City of Edmonton open data (property assessments), matched to #807 10024 JASPER 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 $959 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

$740/mo

Mortgage $391 · Strata $349

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

estimated payment

$391/ monthly

loan $71,800

25-year amortization

down payment20% · $17,95020%+ 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: $45,510
land title fees: $265; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $18,215; down + land title fees
total paid: $117,310

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

if you rented it out

rent: $1,300/mo
after all costs: $421/mo
cap rate: 10.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $391 · strata $349 · 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

location

Downtown (Edmonton), EdmontonGoogle Maps ↗

Rapid transit: Central LRT station, 100 m (about 1 min walk); 102 Street LRT station, 300 m (about 4 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Norwoodhomes in this catchment
24573.8 km away · 9520 - 111 Avenue NW, Edmonton · (780) 477-1002 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24573.6 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24574.3 km away · 11424 - 102 Street NW, Edmonton · (780) 479-0155 · 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.

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