#9 303 Leger Wy NW

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$340,000

#9 303 Leger Wy NW

Leger, Edmonton · MLS® E4505305

1,467 sq ft · 168 m² lot · Townhouse · Single Family · built 1999 · 61 days on market

listed by Steve Balay, Royal Lepage Arteam Realty

realtor's description

Built as an executive style, two bedroom, 2 storey townhouse. Well cared for home, hardwood and porcelain tile on the main and carpet on the upper and lower floors. Open concept design with living room, dining room, kitchen, and a separate kitchen eating nook. Corner gas fireplace in living room. Maple kitchen has an eating bar, pantry and stainless steel appliances. The eat in kitchen nook area includes built-in cabinet/desk and garden doors leading to the large, south facing, private deck/balcony over the garage. Two large bedrooms up. Two full and one half baths. Fully finished lower level with rec room and laundry room with sink. Double attached garage with access to lower level.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 3
living area: 1,467 sq ft
lot: 168 m²
parking: 0
year built: 1999
strata fee: $458 / mo ($0.31 / sq ft)
days on market: 61
MLS®: E4505305

buying in a building from 1982 to 2000: what to read first

features

Lane
No Smoking Home
See remarks

city assessment

$384,500

2026 assessment · market value as of July 1, 2025

Up 19.8% from $321,000 in 2025
$358,000 in 2016 (7% over ten years)
Asking price is 12% below the assessment
Built 1999
Lot 168 m² (1,808 sq ft)
Floor area on the roll 1,442 sq ft

roll year	assessed
2026	$384,500
2025	$321,000
2024	$297,000
2023	$289,500
2022	$280,000
2021	$283,000
2020	$294,500
2019	$301,000

From City of Edmonton open data (property assessments), matched to #9 303 LEGER WAY 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 $3,985 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

$1,939/mo

Mortgage $1,481 · Strata $458

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

estimated payment

$1,481/ monthly

loan $272,000

25-year amortization

down payment20% · $68,00020%+ 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: $172,404
land title fees: $715; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $68,715; down + land title fees
total paid: $444,404

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: −$642/mo
cap rate: 3.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,481 · strata $458 · 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