#405 10227 115 ST NW, Edmonton, Alberta T5K1T7
#405 10227 115 ST NW, Edmonton, Alberta T5K1T7
Robby Halabi · MLS E4511695

#405 10227 115 ST NW,
Edmonton, Alberta

Price
$299,900
2 beds
2 baths
905 sqft
Apartment type
A note about the home

Positioned in Wîhkwêntôwin, this two-bedroom, two-bathroom condominium offers a quietly central foothold in Edmonton's core. The building provides two parking stalls—a practical luxury in a walkable pocket of the city—and places you within easy reach of the river valley, public transit, schools, and everyday shopping. At $299,900, the value proposition speaks to first-time buyers and investors alike: a chance to own in an established neighbourhood without the premium attached to newer developments. The apartment-style layout suits professionals seeking low-maintenance living, or anyone drawn to proximity over sprawl. Nearby golf courses and green corridors suggest weekend ease, while the density of amenities keeps errands short and spontaneous.

Property at a glance
Bedrooms
2
Bathrooms
2
Interior
905
Lot size
57.3 m2
Property type
Apartment
Parking
2
Ownership
Condominium/Strata
MLS number
E4511695
Annual taxes (est.)
$2,999
Community
Wîhkwêntôwin
Gallery

Inside the home

Live calculator · rates as of today

The Payment Lab

Move the sliders. Compare fixed vs. variable. See exactly what this home costs you each month, with the math we’d use in your pre-approval.

Rates last updated from 26 Canadian lenders.

Down payment
MIN
$14,995 of $299,900
Amortization
25 years
25-year payment schedule
Rate mode
Insured rate 4.34% · Conventional 4.59% · Variable shown is approximate (insured prime − discount).
Hello Mortgage Negotiated · Below Posted Rate
What this home costs you
$2,498 /mo
Mortgage payment$1,558
Property taxes (est.)$250 /mo
HeatingIncluded in condo fee
Condo fees$690 /mo
Down payment
$14,995
Mortgage amount
$284,905
Term rate
4.34%
Amortization
25 yr
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Can you afford this home?

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Fixed vs Variable · break-even

If rates move, what wins?

Variable starts $139/mo cheaper than fixed today. But variable rates move with the Bank of Canada — if they rise, your payment rises with them. This chart shows your monthly payment if BoC moves rates up or down during your term. The crossover at +1.00% is where variable becomes more expensive than today's locked fixed.

Today · Fixed
$1,558/mo
Locked at 4.34% for 25 years
Today · Variable
$1,419/mo
Floats at 3.45% (moves with BoC)
Break-even
+1.00%
BoC rate hike where variable starts costing more than fixed
Monthly payment
-1.5%-1.25%-1%-0.75%-0.5%-0.25%0%+0.25%+0.5%+0.75%+1%+1.25%+1.5%$0.0k$0.5k$0.9k$1.4k$1.8kTodayBreak-even
Fixed (locked) Variable (moves with BoC)
← BoC cuts   ·   BoC hikes →
Variable wins if…

The Bank of Canada holds rates flat, cuts, or hikes less than +1.0% during your 5-year term. You'd save roughly $139/mo for as long as that holds.

Fixed wins if…

BoC raises rates more than +1.0% and keeps them there. You'd be locked in below the variable rate the rest of the term.

Mortgage scenarios

Every down-payment, mapped

ScenarioDownMortgageMonthlyIncome req.Rate · amort
Min. Down
+ $11,396 CMHC
$14,995$296,301$1,614 /mo$78,0004.34% · 25 yr
10%
+ $8,367 CMHC
$29,990$278,277$1,516 /mo$75,0004.34% · 25 yr
15%
+ $7,138 CMHC
$44,985$262,053$1,427 /mo$72,0004.34% · 25 yr
20%
$59,980$239,920$1,340 /mo$68,0004.59% · 25 yr
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The neighbourhood

Life around Edmonton.

You're a two-minute walk from Hanjan Oliver, where the scent of sizzling Korean barbecue drifts onto the sidewalk most evenings, and just one minute from Kitchener Park's wide-open green where neighbours gather with dogs and takeout coffees. Weekend mornings might mean a five-minute stroll to Arno's Fine French Pastry, where the buttery croissants sell out by noon and regulars chat by the window. This stretch of Oliver feels quietly cosmopolitan—the kind of place where you recognize faces at the café but still discover a new restaurant tucked around the corner.

Robby Halabi
Listed by

Robby Halabi

Rimrock Real Estate
See every lender rate today — 26 Canadian lenders, one page.
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Questions buyers ask

Good question.

The property is listed at $299,900. This price reflects competitive value for a two-bedroom, two-bathroom condominium with two parking stalls in Wîhkwêntôwin.