FOR SALE

2803 28 Avenue SW

Edmonton, Alberta, Canada
Market valueList priceBedroomsBathroomsFootageYear built
$2,492,000$1,200,0004 + 03 + 15384 ft²1969
2803 28 Avenue SW is a house in the community of Decoteau.
It features 4 bedrooms, 4 bathrooms and is currently listed for sale.

List price: $1,200,000

This is the price the property is currently listed for.
Houski believes this listing price may be up to $676,000 lower than nearby comparable properties.

Market value: $2,492,000

This is the price we estimate the owner would probably accept.
2005201020152020$500k$1000k$1500k$2000k$2500k
DatePrice
2022-09-01 (Sept)$2,493,722
2022-08-01 (Aug)$2,492,329
2022-07-01 (Jul)$2,509,045
2022-06-01 (Jun)$2,514,998
2022-05-01 (May)$2,514,478

Details

Building typeHouse
Condo fee$0 (monthly)
Bedrooms4
Dens0
Full bathrooms3
Half bathrooms1
Footage5384 ft²
Stories2
Year built1969
Price per foot²$223
Basement typeFull
Basement finishFinished
Construction materialWood frame
Foundation typePoured concrete
Ownership typeFreehold

Location

Community Decoteau
City Edmonton
Province Alberta
Longitude-113.38541
Latitude53.40632

Land

AreaFrontageDepth
2,821 ft²59 ft48 ft

Zoning

CodeDescription
RRRegulate rural residential uses that existed prior to February 9, 2021. any subdivision of lands zoned rural residential is strictly prohibited.

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: 94%
The nature score reflects how much greenspace is near the property.

Transactions

DateEventPrice
2022-06-29 (Jun)Listed for sale$1,200,000

Permits

We have no permit data for this property.

Assessments

This is the city of Edmonton's assessed values for 2803 28 Avenue SW.
The city updates these assessments every year, which are then used to calculate property taxes.
20122014201620182020$650k$700k$750k$800k$850k
YearAssessment
2021$711,000
2020$741,000
2019$836,000
2018$776,500
2017$762,500

Taxes

This is the city of Edmonton's property tax amounts for 2803 28 Avenue SW.
20172018201920202021$4,600$4,800$5,000$5,200$5,400
YearProperty tax
2021$4,985
2020$5,051
2019$5,412
2018$4,813
2017$4,580

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$6,300
Daily$210
Short term
Daily$450

Investor calculations

Assumptions
Purchase price$2,492,329
Monthly rent$6,288
Down payment$498,466 (20%)
Mortgage interest rate5.25%
Mortgage amortization30 years
Condo fees$0
Vacancy rate 0%
Monthly property tax$415
Monthly insurance payment$249
Calculations
Capitalization rate 2.21%
Cash on cash return11.00%
Return on Investment (ROI)-9.71%

Community

NameDecoteau
Population0
Houses0
Townhouses0
Duplexes0
Multiplexes0
Apartments0
See more Decoteau data

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