199 Westridge Road NW
Edmonton, Alberta, Canada
| Market value | List price | Bedrooms | Bathrooms | Footage | Year built |
|---|---|---|---|---|---|
| $1,453,000 | $675,000 | 6 + 0 | 0 + 1 | 3476 ft² | 1969 |
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.
| Date | Price |
|---|---|
| 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 type | House |
| Condo fee | $0 (monthly) |
| Bedrooms | 6 |
| Dens | 0 |
| Full bathrooms | 0 |
| Half bathrooms | 1 |
| Footage | 3476 ft² |
| Stories | 2 |
| Year built | 1969 |
| Price per foot² | $194 |
| Basement type | Full |
| Basement finish | Finished |
| Construction material | Wood frame |
| Foundation type | Poured concrete |
| Ownership type | Freehold |
Land
| Area | Frontage | Depth |
|---|---|---|
| 2,280 ft² | 49 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: 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
| Date | Event | Price |
|---|---|---|
| 2022-05-04 (May) | Listed for sale | $675,000 |
Permits
| Type | Date | Number | Description | Status | Cost |
|---|---|---|---|---|---|
| Development | Jan 01, 1970 | 142832874-005 | To convert a single detached house to a lodging house 6 clients residents aged from 18 to 3 | - | $0 |
| Development | Jan 01, 1970 | 142832874-006 | To change the use of a single detached house to a lodging house for 6 residents and property owners - existing without permits | - | $0 |
| Development | Jan 01, 1970 | 142832874-009 | To 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.
| Year | Assessment |
|---|---|
| 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.
| Year | Property 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 rate | 5.25% |
| Mortgage amortization | 30 years |
| Condo fees | $0 |
| Vacancy rate | 0% |
| Monthly property tax | $578 |
| Monthly insurance payment | $145 |
| Calculations | |
|---|---|
| Capitalization rate | 2.37% |
| Cash on cash return | 11.77% |
| Return on Investment (ROI) | -8.90% |
Community
| Name | Westridge |
| Population | 0 |
| Houses | 459 |
| Townhouses | 36 |
| Duplexes | 0 |
| Multiplexes | 0 |
| Apartments | 3 |