8715 Saskatchewan Drive NW
Edmonton, Alberta, Canada
| Market value | List price | Bedrooms | Bathrooms | Footage | Year built |
|---|---|---|---|---|---|
| $2,508,000 | $1,080,000 | 0 + 0 | 0 + 1 | 4716 ft² | 1969 |
8715 Saskatchewan Drive NW is a no building in the community of Windsor Park.
It features 0 bedrooms, 1 bathrooms and is currently listed for sale.
List price: $1,080,000
This is the price the property is currently listed for.
Houski believes this listing price may be up to $738,000 lower than nearby comparable properties.
Market value: $2,508,000
This is the price we estimate the owner would probably accept.
| Date | Price |
|---|---|
| 2022-09-01 (Sept) | $2,506,076 |
| 2022-08-01 (Aug) | $2,508,083 |
| 2022-07-01 (Jul) | $2,514,524 |
| 2022-06-01 (Jun) | $2,520,615 |
| 2022-05-01 (May) | $2,534,603 |
Details
| Building type | No Building |
| Condo fee | $0 (monthly) |
| Bedrooms | 0 |
| Dens | 0 |
| Full bathrooms | 0 |
| Half bathrooms | 1 |
| Footage | 4716 ft² |
| Stories | 2 |
| Year built | 1969 |
| Price per foot² | $229 |
| Basement type | Full |
| Basement finish | Finished |
| Construction material | Wood frame |
| Foundation type | Poured concrete |
| Ownership type | Freehold |
Location
| Community | Windsor Park |
| City | Edmonton |
| Province | Alberta |
| Longitude | -113.54024 |
| Latitude | 53.52378 |
Land
| Area | Frontage | Depth |
|---|---|---|
| 2,872 ft² | 64 ft | 45 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
| Type | Date | Number | Description | Status | Cost |
|---|---|---|---|---|---|
| Building | Dec 27, 2017 | 1-270884119 | To demolish an existing single detached house, and in ground pool | - | $20,000 |
| Development | Dec 27, 2017 | 270894533-001 | To demolish an existing single detached house, accessory buildings rear detached garage, shed, and in ground pool. | Approved | $0 |
| Building | Dec 27, 2017 | 2-270884119 | To demolish existing accessory buildings rear detached garage, shed. | - | $5,000 |
Assessments
This is the city of Edmonton's assessed values for 8715 Saskatchewan Drive NW.
The city updates these assessments every year, which are then used to calculate property taxes.
| Year | Assessment |
|---|---|
| 2021 | $1,609,000 |
| 2020 | $1,911,500 |
| 2019 | $1,779,500 |
| 2018 | $1,660,500 |
| 2017 | $1,601,000 |
Taxes
This is the city of Edmonton's property tax amounts for 8715 Saskatchewan Drive NW.
| Year | Property tax |
|---|---|
| 2021 | $11,281 |
| 2020 | $13,030 |
| 2019 | $11,520 |
| 2018 | $10,292 |
| 2017 | $9,617 |
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 | $6,300 |
| Daily | $210 |
| Short term | |
|---|---|
| Daily | $450 |
Investor calculations
| Assumptions | |
|---|---|
| Purchase price | $2,508,083 |
| Monthly rent | $6,318 |
| Down payment | $501,617 (20%) |
| Mortgage interest rate | 5.25% |
| Mortgage amortization | 30 years |
| Condo fees | $0 |
| Vacancy rate | 0% |
| Monthly property tax | $940 |
| Monthly insurance payment | $251 |
| Calculations | |
|---|---|
| Capitalization rate | 1.95% |
| Cash on cash return | 9.74% |
| Return on Investment (ROI) | -10.98% |
Community
| Name | Windsor Park |
| Population | 0 |
| Houses | 496 |
| Townhouses | 0 |
| Duplexes | 5 |
| Multiplexes | 2 |
| Apartments | 1 |