FOR SALE

206 5316 118 Avenue NW

Edmonton, Alberta, Canada
Market valueList priceBedroomsBathroomsFootageYear built
$126,000$69,9002 + 00 + 1868 ft²1969
206 5316 118 Avenue NW is a apartment in the community of Newton.
It features 2 bedrooms, 1 bathrooms and is currently listed for sale.

List price: $69,900

This is the price the property is currently listed for.
Houski believes this listing price may be up to $31,000 lower than nearby comparable properties.

Market value: $126,000

This is the price we estimate the owner would probably accept.
2005201020152020$40k$60k$80k$100k$120k
DatePrice
2022-09-01 (Sept)$126,019
2022-08-01 (Aug)$125,707
2022-07-01 (Jul)$126,544
2022-06-01 (Jun)$127,200
2022-05-01 (May)$127,348

Details

Building typeApartment
Condo fee$388 (monthly)
Bedrooms2
Dens0
Full bathrooms0
Half bathrooms1
Footage868 ft²
Stories2
Year built1969
Price per foot²$81
Basement typeNone
Basement finishNot applicable
Construction materialWood frame
Foundation typePoured concrete
Ownership typeCondominium

Location

Community Newton
City Edmonton
Province Alberta
Longitude-113.42383
Latitude53.57061

Land

AreaFrontageDepth
2,951 ft²73 ft41 ft

Zoning

CodeDescription
CB2Commercial enterprises that require large sites and locations with good visibility and accessibility from major public roadways. This zone also accommodates limited residential-related uses

Environment

Walking score: 9%
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: 70%
The nature score reflects how much greenspace is near the property.

Transactions

DateEventPrice
2022-05-31 (May)Listed for sale$83,900

Permits

We have no permit data for this property.

Assessments

This is the city of Edmonton's assessed values for 206 5316 118 Avenue NW.
The city updates these assessments every year, which are then used to calculate property taxes.
20122014201620182020$110k$120k$130k$140k
YearAssessment
2021$108,000
2020$109,500
2019$117,500
2018$131,500
2017$137,500

Taxes

This is the city of Edmonton's property tax amounts for 206 5316 118 Avenue NW.
20172018201920202021$740$760$780$800$820
YearProperty tax
2021$757
2020$746
2019$761
2018$815
2017$826

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$800
Daily$30
Short term
Daily$60

Investor calculations

Assumptions
Purchase price$125,707
Monthly rent$789
Down payment$25,141 (20%)
Mortgage interest rate5.25%
Mortgage amortization30 years
Condo fees$388
Vacancy rate 0%
Monthly property tax$63
Monthly insurance payment$13
Calculations
Capitalization rate 2.61%
Cash on cash return12.30%
Return on Investment (ROI)-7.31%

Community

NameNewton
Population0
Houses1,123
Townhouses10
Duplexes44
Multiplexes26
Apartments103
See more Newton data

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