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1009, 11721 Macdonald Drive
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Beds
2
Baths
1
Sqft
787
Year
1972
Type
Single Family
On market
14d
Welcome to this 2-bedroom condo located on the 10th floor of a sought-after building on McDonald Drive in River Park Glen. This unit features vinyl flooring throughout, white kitchen cabinets, and tasteful renovations that make it truly move-in ready — all while offering stunning views from the comfort of your own home.Currently tenanted at $1,300/month with a lease in place until June 30, 2027, this is a fantastic turnkey investment opportunity with immediate rental income. Whether you're a seasoned investor or a first-time buyer looking to get into the market, this property checks all the boxes.Residents enjoy access to an on-site gym, and the prime downtown location puts you steps away from shopping, dining, transit, and all the amenities you need.Don't miss out — call today to book your private showing! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.08 Ft x 8.50 Ft | |
| Bedroom | 9.00 Ft x 12.17 Ft | |
| Dining room | 8.25 Ft x 7.17 Ft | |
| Kitchen | 7.17 Ft x 7.08 Ft | |
| Living room | 12.00 Ft x 15.50 Ft | |
| Primary Bedroom | 10.92 Ft x 14.00 Ft | |
| Storage | 4.00 Ft x 5.33 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
147.33%
Cap rate
34.33%
GRM
2.5
Break-even rent
$429
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 26, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort McMurray. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.