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#212 2620 MILL WOODS RD E NW
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Edmonton · Single Family · under $150,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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WELCOME TO THIS BRIGHT, SPACIOUS & WELL MAINTAINED 2-BEDROOM CONDO. Perfect for first-time buyers, downsizers or investors, this move-in-ready home offers EXCEPTIONAL VALUE in a highly sought-after location. Step inside to discover a clean, modern living space featuring NO CARPET, NEWER VINYL PLANK FLOORING and FRESHER PAINT throughout, creating a stylish and low-maintenance environment. The functional layout provides comfortable living and plenty of natural light, while the private balcony offers the perfect spot to unwind and enjoy BEAUTIFUL SUNSET VIEWS. Ideally located within walking distance to schools, the Sikh Temple, public transit, grocery stores, shopping, restaurants, and everyday amenities, this home delivers outstanding convenience for any lifestyle. Pride of ownership is evident throughout, as this unit has been lovingly maintained and occupied by the original owner since day one. This condo is an affordable place to call home or a solid investment property with strong rental appeal. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | — | |
| Bedroom 2 | — |
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
48.36%
Cap rate
14.54%
GRM
5.5
Break-even rent
$841
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 8, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.