#901 11111 82 AV NW

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$499,999

#901 11111 82 AV NW

Garneau, Edmonton · MLS® E4503483

222

1,192 sq ft · Condo · Single Family · built 2000 · 73 days on market

listed by Matthew Bennett, Royal LePage Noralta Real Estate

realtor's description

SUB-PENTHOUSE WITH BEAUTIFUL PANORAMIC VIEWS! Extremely well-maintained 1,192 sq.ft. 2 bedroom, 2 bath corner unit in PROPERTIES ON WHYTE, just steps from the U of A, University Hospital, restaurants, cafés, transit and Whyte Avenue, with easy access to downtown. Enjoy sunny south & west exposures, floor-to-ceiling windows and an open floor plan with 9' ceilings. Features include engineered hardwood, slate tile, carpeting in bedrooms, a two-sided gas fireplace, stainless steel appliances & backsplash, modern lighting, 2 full 4-piece baths with large soaker tubs, A/C, gas BBQ outlet and a spacious wrap-around balcony. TWO TITLED UNDERGROUND PARKING STALLS #60 & #42, both with storage cages. Condo fees include heat, water, building insurance and reserve contributions. A MUST SEE!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,192 sq ft
parking: 2
year built: 2000
strata fee: $791 / mo ($0.66 / sq ft)
days on market: 73
MLS®: E4503483

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

features

See remarks
Washer
Refrigerator
Gas stove(s)
Dishwasher
Dryer

city assessment

$382,000

2026 assessment · market value as of July 1, 2025

Up 4.1% from $367,000 in 2025
$474,500 in 2016 (-19% over ten years)
Asking price is 31% above the assessment
Built 2000
Lot 26 m² (277 sq ft)
Floor area on the roll 1,184 sq ft

roll year	assessed
2026	$382,000
2025	$367,000
2024	$368,000
2023	$361,000
2022	$380,500
2021	$413,500
2020	$421,000
2019	$398,500

From City of Edmonton open data (property assessments), matched to #901 11111 82 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 $3,959 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

$2,969/mo

Mortgage $2,178 · Strata $791

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

estimated payment

$2,178/ monthly

loan $399,999

25-year amortization

down payment20% · $100,00020%+ 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: $253,535
land title fees: $1,000; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $101,000; down + land title fees
total paid: $653,534

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: −$1,532/mo
cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,178 · strata $791 · 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