15107 Rio Terrace Drive NW
Edmonton, Alberta, Canada
| Market value | List price | Bedrooms | Bathrooms | Footage | Year built |
|---|---|---|---|---|---|
| $1,016,000 | $1,498,000 | 0 + 0 | 0 + 1 | 6149 ft² | 1969 |
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Price: $1,016,000
This is price this property would likely sell for on the market.
It is generated by machine learning algorithms using data from thousands of nearby properties.
| Date | Price |
|---|---|
| 2022-06-01 (Jun) | $1,015,989 |
| 2022-05-01 (May) | $1,013,321 |
| 2022-04-01 (Apr) | $1,020,468 |
| 2022-03-01 (Mar) | $1,007,304 |
| 2022-02-01 (Feb) | $991,166 |
Details
| Building type | No Building |
| Condo fee | $0 (monthly) |
| Bedrooms | 0 |
| Dens | 0 |
| Full bathrooms | 0 |
| Half bathrooms | 1 |
| Footage | 6149 ft² |
| Stories | 2 |
| Year built | 1969 |
| Price per foot² | $244 |
| Basement type | Full |
| Basement finish | Finished |
| Construction material | Wood frame |
| Foundation type | Poured concrete |
| Ownership type | Freehold |
Land
| Area | Frontage | Depth |
|---|---|---|
| 2,713 ft² | 57 ft | 47 ft |
Zoning
| Code | Description |
|---|---|
| RF1 | Single 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
We have no permit data for this property.
Assessments
This is the city of Edmonton's assessed values for 15107 Rio Terrace Drive NW.
The city updates these assessments every year, which are then used to calculate property taxes.
| Year | Assessment |
|---|---|
| 2021 | $893,000 |
| 2020 | $1,037,500 |
| 2019 | $1,053,000 |
| 2018 | $1,026,500 |
| 2017 | $938,000 |
Taxes
This is the city of Edmonton's property tax amounts for 15107 Rio Terrace Drive NW.
| Year | Property tax |
|---|---|
| 2021 | $6,261 |
| 2020 | $7,072 |
| 2019 | $6,817 |
| 2018 | $6,362 |
| 2017 | $5,634 |
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 | $3,200 |
| Daily | $110 |
| Short term | |
|---|---|
| Daily | $230 |
Investor calculations
| Assumptions | |
|---|---|
| Purchase price | $1,015,989 |
| Monthly rent | $3,232 |
| Down payment | $203,198 (20%) |
| Mortgage interest rate | 4.50% |
| Mortgage amortization | 30 years |
| Condo fees | $0 |
| Vacancy rate | 0% |
| Monthly property tax | $522 |
| Monthly insurance payment | $102 |
| Calculations | |
|---|---|
| Capitalization rate | 2.58% |
| Cash on cash return | 12.81% |
| Return on Investment (ROI) | -4.89% |
Community
| Name | Rio Terrace |
| Population | 0 |
| Houses | 510 |
| Townhouses | 0 |
| Duplexes | 0 |
| Multiplexes | 0 |
| Apartments | 0 |
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