FOR SALE

7139 Saskatchewan Drive NW

Edmonton, Alberta, Canada
Market valueList priceBedroomsBathroomsFootageYear built
$2,152,000$1,025,0000 + 00 + 14589 ft²1969
7139 Saskatchewan Drive NW is a no building in the community of Belgravia.
It features 0 bedrooms, 1 bathrooms and is currently listed for sale.

List price: $1,025,000

This is the price the property is currently listed for.
Houski believes this listing price may be up to $534,000 lower than nearby comparable properties.

Market value: $2,152,000

This is the price we estimate the owner would probably accept.
2005201020152020$500k$1000k$1500k$2000k
DatePrice
2022-09-01 (Sept)$2,150,033
2022-08-01 (Aug)$2,151,755
2022-07-01 (Jul)$2,157,281
2022-06-01 (Jun)$2,162,507
2022-05-01 (May)$2,174,508

Details

Building typeNo Building
Condo fee$0 (monthly)
Bedrooms0
Dens0
Full bathrooms0
Half bathrooms1
Footage4589 ft²
Stories2
Year built1969
Price per foot²$223
Basement typeFull
Basement finishFinished
Construction materialWood frame
Foundation typePoured concrete
Ownership typeFreehold

Location

Community Belgravia
City Edmonton
Province Alberta
Longitude-113.53951
Latitude53.50818

Land

AreaFrontageDepth
2,790 ft²60 ft46 ft

Zoning

CodeDescription
RF1Single detached housing, semi-detached housing and duplex housing. Secondary suites and garden suites are also allowed..

Environment

Walking score: 100%
The walk score reflects how convenient it would be to live in this property without a vehicle. It is based on data about nearby businesses, public transit, and more.
Nature score: 100%
The nature score reflects how much greenspace is near the property.

Transactions

We have no transaction data for this property.

Permits

TypeDateNumberDescriptionStatusCost
BuildingJan 24, 20221-420303649To demolish a single detached house and accessory building detached garage.-$0

Assessments

This is the city of Edmonton's assessed values for 7139 Saskatchewan Drive NW.
The city updates these assessments every year, which are then used to calculate property taxes.
20122014201620182020$1200k$1250k$1300k$1350k$1400k$1450k
YearAssessment
2021$1,341,000
2020$1,452,500
2019$1,470,000
2018$1,322,000
2017$1,336,500

Taxes

This is the city of Edmonton's property tax amounts for 7139 Saskatchewan Drive NW.
20172018201920202021$8,000$8,500$9,000$9,500$10,000
YearProperty tax
2021$9,402
2020$9,901
2019$9,516
2018$8,194
2017$8,028

Waste collection

We have no waste collection data for this property.

Rent

This is what the property could be rented out for in the current market.
Long term
Monthly$5,600
Daily$190
Short term
Daily$400

Investor calculations

Assumptions
Purchase price$2,151,755
Monthly rent$5,623
Down payment$430,351 (20%)
Mortgage interest rate5.25%
Mortgage amortization30 years
Condo fees$0
Vacancy rate 0%
Monthly property tax$784
Monthly insurance payment$215
Calculations
Capitalization rate 2.08%
Cash on cash return10.36%
Return on Investment (ROI)-10.34%

Community

NameBelgravia
Population0
Houses741
Townhouses0
Duplexes12
Multiplexes26
Apartments194
See more Belgravia data

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