#93 230 Edwards Dr SW

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$259,000

#93 230 Edwards Dr SW

Ellerslie, Edmonton · MLS® E4501808

1,224 sq ft · 230 m² lot · Townhouse · Single Family · built 2003 · 84 days on market

listed by Connor McAuley, 2% Realty Pro

realtor's description

Welcome to this well-maintained end unit townhouse offering exceptional value for first-time buyers, downsizers, and investors alike. Featuring 2 spacious bedrooms, 2 full bathrooms, and a convenient main-floor powder room, this home is designed for comfortable everyday living. The bright living room opens to a north-facing patio, perfect for relaxing or entertaining. The functional kitchen offers ample cabinetry and flows into a cozy breakfast nook. Upstairs, the primary bedroom features a walk-in closet and private ensuite, while the second bedroom is complemented by another full bathroom. The unfinished basement provides endless potential for future development, additional living space, or storage. An attached garage with direct interior access and low condo fees add to the appeal. Brand new carpets and paint throughout. Ideally located in a family-friendly community close to parks, restaurants, shopping, and everyday amenities, this move-in-ready home is one you won't want to miss.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 3
living area: 1,224 sq ft
lot: 230 m²
parking: 0
year built: 2003
strata fee: $400 / mo ($0.33 / sq ft)
days on market: 84
MLS®: E4501808

features

Flat site
No Animal Home
No Smoking Home
Washer
Refrigerator
Central Vacuum

monthly cost

$1,528/mo

Mortgage $1,128 · Strata $400

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

estimated payment

$1,128/ monthly

loan $207,200

25-year amortization

down payment20% · $51,80020%+ 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: $131,331
land title fees: $570; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $52,370; down + land title fees
total paid: $338,531

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: −$231/mo
cap rate: 4.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,128 · strata $400 · 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

Ellerslie, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Sakawhomes in this catchment
24547.7 km away · 5730 - 11A Avenue NW, Edmonton · (780) 463-1854 · website
Middle Gr 7-9 Dan Knotthomes in this catchment
24548.8 km away · 1434 - 80 Street NW, Edmonton · (780) 462-7954 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24549.3 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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