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12124 122 ST NW
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Super Newer Bilevel, 2012 Build shows very nice on the main and has good fully dev lower level. Half Duplex type w 3 bedrooms on the main floor, open kitchen -Great Room vaulted ceilings are nice, primary bedroom has ensuite ! The fully developed basement has an additional 2 bedrooms, 4 piece washroom, plus spacious living room open to kitchen. The single detached garage space is perfect for winter months and all family fun storage needs. Sitiuated a very quiet street close to all amenities, schools, shopping, Nait, City Center, Royal Alexandra hospital. Great Bus transportation and instant access to the Yellowhead to travel throughout Edmonton with ease... Excellent property plan for extended family living, multi generational, shared living in class, comfort style, and privacy w options. Beautiful treed street, a short walk to 124 street gives confidence for a desired location & investment now and in the future - Lots of fully developed living space in this newer built Bilevel in a central mature area (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 4 | — | |
| Bedroom 5 | — | |
| Second Kitchen | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | — | |
| Dining room | — | |
| Kitchen | — | |
| Primary Bedroom | — | |
| Bedroom 2 | — | |
| Bedroom 3 | — | |
| Laundry room | — |
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
8.26%
Cap rate
6.52%
GRM
10.8
Break-even rent
$2,680
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jun 20, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.