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5786 172 ST NW
Affordable living in a fantastic area with 3 bedrooms! This main level bungalow carriage house feels like home & faces a leafy green courtyard. Good sized living room with decorative fireplace and a spacious dining area. Kitchen has been renovated with Ikea cabinets, stainless steel appliances, tile backsplash & walk in pantry. Down the hall is in suite laundry & 3 bedrooms. Bathroom has been updated and can be accessed from the main hallway or directly from the primary bedroom! Beautiful newer flooring throughout/Furnace 2025/HWT 2023. No stairs to worry about with this unit and you have your own private patio area where you can relax or even do some gardening. This complex is full of friendly neighbours and is located in mature and desirable Gariepy with walking distance to Centennial School + newly landscaped trails and playground. Convenient proximity to the River Valley, West Edmonton Mall, Whitemud & transit. Whether you are a 1st time homeowner, downsizer or investor this could be the one! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.93 × 4.62 meters | |
| Dining room | 2.79 × 2.82 meters | |
| Kitchen | 2.67 × 3.24 meters | |
| Primary Bedroom | 4.55 × 3.13 meters | |
| Bedroom 2 | 3.07 × 2.95 meters | |
| Bedroom 3 | 3.05 × 2.95 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
28.29%
Cap rate
10.52%
GRM
7.3
Break-even rent
$1,358
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.
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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 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.