#9 10724 115 ST NW

1 / 40

$95,900

#9 10724 115 ST NW

Queen Mary Park, Edmonton · MLS® E4506509

111

553 sq ft · Condo · Single Family · built 1964 · 54 days on market

listed by Wendy Hamel, REMAX River City

realtor's description

Welcome to Queen Mary Park! This nicely renovated 1-bedroom + 1 bath condo offers approx. 553 sq. ft. of stylish & comfortable space, perfectly situated on the 2nd floor. Unit features modern carpet & ceramic tile floors, upgraded kitchen & bathroom cabinetry, sleek stainless steel appliances & elegant crown molding. The building has also undergone significant improvements, incl.; newer vinyl windows, upgraded balcony doors with glass railings, and recently replaced asphalt shingles—providing added value & peace of mind. Convenient access to common laundry located on the lower level, as well as ample on-street parking. Ideally located just minutes from shopping, amenities, and public transit, this home offers easy access to downtown and the Brewery District—perfect for walking or biking. Excellent opportunity for students or investors, with close proximity to MacEwan & NAIT. Affordable condo fees & exceptional value in a trendy central location! *Photos are of a similar suite (same layout & finishings).

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 553 sq ft
parking: 1
year built: 1964
strata fee: $320 / mo ($0.58 / sq ft)
days on market: 54
MLS®: E4506509

features

Closet Organizers
Refrigerator
Dishwasher
Stove
Microwave Range Hood Combo

monthly cost

$738/mo

Mortgage $418 · Strata $320

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

estimated payment

$418/ monthly

loan $76,720

25-year amortization

down payment20% · $19,18020%+ 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: $48,628
land title fees: $280; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $19,460; down + land title fees
total paid: $125,348

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: $423/mo
cap rate: 10.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $418 · strata $320 · 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

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 John A McDougallhomes in this catchment
24577.3 km away · 10930 - 107 Street NW, Edmonton · (780) 426-0205 · website
Elementary K to Gr 12 Victoriahomes in this catchment
24576.8 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
Middle Gr 7-9 Spruce Avenuehomes in this catchment
24577.6 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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