FOR SALE

220 Grandisle Point NW

Edmonton, Alberta, Canada
Market valueList priceBedroomsBathroomsFootageYear built
$2,526,000$1,498,0004 + 03 + 23900 ft²1969
220 Grandisle Point NW is a house in the community of Riverview Area.
It features 4 bedrooms, 5 bathrooms and is currently listed for sale.

List price: $1,498,000

This is the price the property is currently listed for.
Houski believes this listing price may be up to $404,000 lower than nearby comparable properties.

Market value: $2,526,000

This is the price we estimate the owner would probably accept.
2005201020152020$500k$1000k$1500k$2000k$2500k
DatePrice
2022-09-01 (Sept)$2,527,561
2022-08-01 (Aug)$2,526,149
2022-07-01 (Jul)$2,543,092
2022-06-01 (Jun)$2,549,125
2022-05-01 (May)$2,548,598

Details

Building typeHouse
Condo fee$0 (monthly)
Bedrooms4
Dens0
Full bathrooms3
Half bathrooms2
Footage3900 ft²
Stories2
Year built1969
Price per foot²$384
Basement typeFull
Basement finishFinished
Construction materialWood frame
Foundation typePoured concrete
Ownership typeFreehold

Location

Community Riverview Area
City Edmonton
Province Alberta
Longitude-113.65674
Latitude53.43602

Land

AreaFrontageDepth
2,828 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: 29%
The nature score reflects how much greenspace is near the property.

Transactions

DateEventPrice
2022-05-31 (May)Sold$NaN

Permits

We have no permit data for this property.

Assessments

This is the city of Edmonton's assessed values for 220 Grandisle Point NW.
The city updates these assessments every year, which are then used to calculate property taxes.
20122014201620182020$1200k$1300k$1400k$1500k$1600k$1700k
YearAssessment
2021$1,182,500
2020$1,322,000
2019$1,568,000
2018$1,711,500
2017$1,496,500

Taxes

This is the city of Edmonton's property tax amounts for 220 Grandisle Point NW.
20172018201920202021$8,500$9,000$9,500$10,000$10,500
YearProperty tax
2021$8,290
2020$9,012
2019$10,151
2018$10,608
2017$8,989

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$6,400
Daily$210
Short term
Daily$450

Investor calculations

Assumptions
Purchase price$2,526,149
Monthly rent$6,353
Down payment$505,230 (20%)
Mortgage interest rate5.25%
Mortgage amortization30 years
Condo fees$0
Vacancy rate 0%
Monthly property tax$691
Monthly insurance payment$253
Calculations
Capitalization rate 2.07%
Cash on cash return10.32%
Return on Investment (ROI)-10.39%

Community

NameRiverview Area
Population0
Houses160
Townhouses0
Duplexes2
Multiplexes1
Apartments0
See more Riverview Area data

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