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12303 115 AV NW
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Beds
4
Baths
2
Sqft
1,046
Year
1964
Type
Single Family
On market
7d
Opportunity awaits with this raised bungalow, half duplex, in a central Edmonton location, offering versatility for homeowners and investment-minded buyers alike. The main level features a comfortable layout with two bedrooms, a full bathroom, and bright living spaces designed for everyday convenience. A separate entry provides access to the lower level, which includes an additional living area and two bedrooms, creating options for extended family or guests. The property is ideal for those looking to offset ownership costs or add to a rental portfolio. Situated near everyday amenities, residents will appreciate quick access to schools, shopping, public transit, and major commuter routes. Whether you're entering the market, expanding your investments, or seeking a flexible property with future possibilities, this home is worth a closer look. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 3 | 2.35 × 3.58 meters | |
| Bedroom 4 | 3.46 × 4.66 meters | |
| Laundry room | 2.23 × 3.01 meters | |
| Second Kitchen | 3.25 × 3.16 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.07 × 5.35 meters | |
| Kitchen | 3.45 × 2.89 meters | |
| Den | 3.47 × 2.5 meters | |
| Primary Bedroom | 3.65 × 3.87 meters | |
| Bedroom 2 | 3.78 × 3.59 meters |
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
14.08%
Cap rate
7.68%
GRM
9.5
Break-even rent
$2,085
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 Jun 3, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Edmonton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.