Morinville · MLS® E4513358
32
1,130 sq ft · Townhouse · Single Family · built 1977 · 8 days on market
listed by Dave Johnston, REMAX River City
FRESH PAINT THROUGHOUT, in this excellent condo for the first time buyer or investor. This Morinville 3 bedroom, 1.5 bathroom, 2 storey style condo 1980 built townhouse has over 1,120 sq ft on the main floor and upper level. The home has newer laminate flooring throughout the home and the main floor has a large open kitchen, newer kitchen, dining room area, and a large livingroom for entertaining with a woodburning fireplace, ,and garden doors to a finished backyard. The upper level has 3 good sized bedrooms, and a 4 piece main bathroom. The front of the condo is brick facing with plenty of parking out front. The basement is partially finished with open laundry area which is ready for completion. The backyard is fully fenced with concrete patio blocks, storage shed, and a rear gate to the 2 parking stalls that are included in the sale. This condo is in a great location, close to parks, schools, shopping, and transportation.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $799 · strata $400 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
about $2,105 a year
The asking price times Morinville's 2026 residential rate of 11.47 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. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 43/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 4 parks and playgrounds, 3 schools.
mihom score from OpenStreetMap places, by straight line distance.