FOR SALE

15107 Rio Terrace Drive NW

Edmonton, Alberta, Canada
Market valueList priceBedroomsBathroomsFootageYear built
$1,016,000$1,498,0000 + 00 + 16149 ft²1969

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.
2005201020152020$600k$800k$1000k
DatePrice
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 typeNo Building
Condo fee$0 (monthly)
Bedrooms0
Dens0
Full bathrooms0
Half bathrooms1
Footage6149 ft²
Stories2
Year built1969
Price per foot²$244
Basement typeFull
Basement finishFinished
Construction materialWood frame
Foundation typePoured concrete
Ownership typeFreehold

Land

AreaFrontageDepth
2,713 ft²57 ft47 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

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.
20122014201620182020$750k$800k$850k$900k$950k$1000k$1050k
YearAssessment
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.
20172018201920202021$6,000$6,500$7,000
YearProperty 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 rate4.50%
Mortgage amortization30 years
Condo fees$0
Vacancy rate 0%
Monthly property tax$522
Monthly insurance payment$102
Calculations
Capitalization rate 2.58%
Cash on cash return12.81%
Return on Investment (ROI)-4.89%

Community

NameRio Terrace
Population0
Houses510
Townhouses0
Duplexes0
Multiplexes0
Apartments0
See more Rio Terrace data

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