FOR SALE

199 Westridge Road NW

Edmonton, Alberta, Canada
Market valueList priceBedroomsBathroomsFootageYear built
$1,453,000$675,0006 + 00 + 13476 ft²1969
199 Westridge Road NW is a house in the community of Westridge.
It features 6 bedrooms, 1 bathrooms and is currently listed for sale.

List price: $675,000

This is the price the property is currently listed for.
Houski believes this listing price may be up to $419,000 lower than nearby comparable properties.

Market value: $1,453,000

This is the price we estimate the owner would probably accept.
2005201020152020$400k$600k$800k$1000k$1200k$1400k
DatePrice
2022-09-01 (Sept)$1,454,297
2022-08-01 (Aug)$1,453,484
2022-07-01 (Jul)$1,463,233
2022-06-01 (Jun)$1,466,704
2022-05-01 (May)$1,466,401

Details

Building typeHouse
Condo fee$0 (monthly)
Bedrooms6
Dens0
Full bathrooms0
Half bathrooms1
Footage3476 ft²
Stories2
Year built1969
Price per foot²$194
Basement typeFull
Basement finishFinished
Construction materialWood frame
Foundation typePoured concrete
Ownership typeFreehold

Location

Community Westridge
City Edmonton
Province Alberta
Longitude-113.61252
Latitude53.51128

Land

AreaFrontageDepth
2,280 ft²49 ft47 ft

Zoning

CodeDescription
RF1Single detached housing, semi-detached housing and duplex housing. Secondary suites and garden suites are also allowed..

Environment

Walking score: 5%
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

DateEventPrice
2022-05-04 (May)Listed for sale$675,000

Permits

TypeDateNumberDescriptionStatusCost
DevelopmentJan 01, 1970142832874-005To convert a single detached house to a lodging house 6 clients residents aged from 18 to 3-$0
DevelopmentJan 01, 1970142832874-006To change the use of a single detached house to a lodging house for 6 residents and property owners - existing without permits-$0
DevelopmentJan 01, 1970142832874-009To change the use from a single detached house to a lodging house 6 residents and property owners, existing without permits.Refused$0

Assessments

This is the city of Edmonton's assessed values for 199 Westridge Road NW.
The city updates these assessments every year, which are then used to calculate property taxes.
20122014201620182020$700k$750k$800k$850k$900k$950k$1000k
YearAssessment
2021$989,000
2020$898,500
2019$870,000
2018$853,000
2017$772,000

Taxes

This is the city of Edmonton's property tax amounts for 199 Westridge Road NW.
20172018201920202021$4,500$5,000$5,500$6,000$6,500$7,000
YearProperty tax
2021$6,934
2020$6,125
2019$5,632
2018$5,287
2017$4,637

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$4,200
Daily$140
Short term
Daily$300

Investor calculations

Assumptions
Purchase price$1,453,484
Monthly rent$4,195
Down payment$290,697 (20%)
Mortgage interest rate5.25%
Mortgage amortization30 years
Condo fees$0
Vacancy rate 0%
Monthly property tax$578
Monthly insurance payment$145
Calculations
Capitalization rate 2.37%
Cash on cash return11.77%
Return on Investment (ROI)-8.90%

Community

NameWestridge
Population0
Houses459
Townhouses36
Duplexes0
Multiplexes0
Apartments3
See more Westridge data

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