8306 108 ST NW

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$399,900

8306 108 ST NW

Garneau, Edmonton · MLS® E4507356

223

1,271 sq ft · Townhouse · Single Family · built 2012 · 49 days on market

listed by Shelly Shumaker, Century 21 Reward Realty

realtor's description

QUICK POSSESSION. Executive end unit townhouse with THREE TITLED PARKING STALLS, a titled 13x13 workshop plus two balconies, nestled on a tree lined street, in the heart of Garneau. Less than a 5 minute walk to the U 0f A. This corner unit allows in tons of natural light from the numerous windows & 9' ceilings. The kitchen features a huge eat up island, granite countertops, stainless steel appliances with gas stove & pantry. The open living/dining area has a stone encased gas fireplace & hardwood flooring. On the second level is a bedroom with large east facing balcony & built in shelving. Finishing this level is a three piece bathroom with large luxurious tiled shower & granite counter tops. The full size washer & dryer are stacked in this bathroom. On the upper level is the primary bedroom with south facing balcony, four piece en-suite & walk-in closet. The spacious titled workshop is located in the parkade. All three stalls are together. Additional sound insulation. A/C. Condo fees cover heat & water.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,271 sq ft
parking: 3
year built: 2012
strata fee: $810 / mo ($0.64 / sq ft)
days on market: 49
MLS®: E4507356

features

Corner Site
Closet Organizers
No Animal Home
No Smoking Home
Washer
Refrigerator

monthly cost

$2,553/mo

Mortgage $1,742 · Strata $810

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

estimated payment

$1,742/ monthly

loan $319,920

25-year amortization

down payment20% · $79,98020%+ 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: $202,778
land title fees: $820; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $80,800; down + land title fees
total paid: $522,698

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: $1,600/mo
after all costs: −$1,256/mo
cap rate: 1.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,742 · strata $810 · insurance ~$175 · 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

location

Garneau, EdmontonGoogle Maps ↗

Rapid transit: University LRT station, 1 km (about 16 min walk); Health Sciences/Jubilee LRT station, 1.1 km (about 17 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Garneauhomes in this catchment
24570.3 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
Middle Allendale / McKernanhomes in this catchment
Secondary Gr 10-12 Strathconahomes in this catchment
24569.0 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.

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