FOR SALE

8715 Saskatchewan Drive NW

Edmonton, Alberta, Canada
Market valueList priceBedroomsBathroomsFootageYear built
$2,508,000$1,080,0000 + 00 + 14716 ft²1969
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.
2005201020152020$500k$1000k$1500k$2000k$2500k
DatePrice
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 typeNo Building
Condo fee$0 (monthly)
Bedrooms0
Dens0
Full bathrooms0
Half bathrooms1
Footage4716 ft²
Stories2
Year built1969
Price per foot²$229
Basement typeFull
Basement finishFinished
Construction materialWood frame
Foundation typePoured concrete
Ownership typeFreehold

Location

Community Windsor Park
City Edmonton
Province Alberta
Longitude-113.54024
Latitude53.52378

Land

AreaFrontageDepth
2,872 ft²64 ft45 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

TypeDateNumberDescriptionStatusCost
BuildingDec 27, 20171-270884119To demolish an existing single detached house, and in ground pool-$20,000
DevelopmentDec 27, 2017270894533-001To demolish an existing single detached house, accessory buildings rear detached garage, shed, and in ground pool.Approved$0
BuildingDec 27, 20172-270884119To 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.
20122014201620182020$1200k$1400k$1600k$1800k
YearAssessment
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.
20172018201920202021$10,000$11,000$12,000$13,000
YearProperty 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 rate5.25%
Mortgage amortization30 years
Condo fees$0
Vacancy rate 0%
Monthly property tax$940
Monthly insurance payment$251
Calculations
Capitalization rate 1.95%
Cash on cash return9.74%
Return on Investment (ROI)-10.98%

Community

NameWindsor Park
Population0
Houses496
Townhouses0
Duplexes5
Multiplexes2
Apartments1
See more Windsor Park data

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