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Alberta
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42 1530 TAMARACK Boulevard

$309,900

42 1530 TAMARACK Boulevard, Edmonton, AB, T6T 2E6

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MLS® # E4424331

2 Beds

2 Baths

89.51 METERSQ sqft

Property Information:

New never lived in, Ready for the first home buyer or Investor! Charming End Unit Townhouse in Tamarack – with Low Condo Fees! Welcome to this beautifully designed home nestled in the heart of the vibrant Tamarack community in Edmonton. This end unit condo townhouse offers the perfect blend of style, convenience, and comfort. 3 levels of finished construction featuring vinyl plank floors, quartz countertops and stainless steel appliances With 2 spacious bedrooms, 1.2 bath and a single attached garage, it’s ideal for first-time homebuyers, downsizers, or investors. Enjoy the benefits of low condo fees while living just a short walk away from all your essential needs, including grocery stores, shopping, restaurants, and the local recreation centre. The location is perfect for those who value accessibility and lifestyle, with easy access to major roadways and public transit. Make this townhouse your new home in Tamarack today!

Building Features:

Floor Space: 89.51

Property Features:

Bedrooms: 2
Bathrooms: 1+1
Amenities Features: See Remarks
Appliances: Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer
Architectural Style: 3 Storey
Basement: None, No Basement
Basement Development: No Basement
Basement Type: None
Building Type: Townhouse
Built in: 2024
Community Features: See Remarks
Condo Fee Includes: Exterior Maintenance, Insur. for Common Areas, Professional Management, Reserve Fund Contribution, Land/Snow Removal Common
Condo Fees: $154 Monthly
Exterior Features: Public Transportation, Schools, Shopping Nearby
Floor Space (approx): 89.51 Square Metres
Flooring: Carpet, Vinyl Plank
Foundation Details: Concrete Perimeter
Heating: Forced Air-1, Natural Gas
Parking Features: Single Garage Attached
Road Access: Paved
Roof: Asphalt Shingles
Site Influences: Public Transportation, Schools, Shopping Nearby
Zoning: Zone 30

Courtesy of: Century 21 All Stars Realty Ltd

Data was last updated 2025-03-31 at 17:28

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

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Potential Investment Performance

Cumulative ROI

128.6%

Cumulative Market Appreciation

$85,619

Net Operating Income in Year 5

$17,173

Cash on Cash Return in Year 5

1.9%

Assumptions

Market Appreciation Per Year

Rent Increase Per Year

Expense Increase Per Year

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price	$
Down Payment %	$61,980
Mortgage Amount	$247,920
Mortgage Payment %	$1,286

Cash Flow Calculator

monthly

yearly

Income
Gross Rental Income Powered By	$
Vacancy Rate %	$
Other	$
Gross Operating Income	$1,767

Operating Expenses
Management Fees %	$
Property Tax	$
Repair Reserve %	$
Insurance	$
Condo/Strata Fees	$
Total Operating Expenses	$515
Net Operating Income	$1,251

Debt Service
Mortgage Payment	$1,286

Net Cash Flow	-$34

Cap Rate

4.85%

Acquistion Costs

Down Payment $61,980

Land Transfer Tax $174

Legal Fees $1,500

Adjustments $0

Appraisal $500

Total Acquisition Costs $64,154

Components of Return

Potential Returns

	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
Investments
Down Payment	$61,980	-	-	-	-	-	-	-	-	-
Closing Costs	$2,174	-	-	-	-	-	-	-	-	-
Mortgage Paydown	$3,857	$4,042	$4,237	$4,440	$4,654	$4,877	$5,112	$5,358	$5,615	$5,885
Total	$68,011	$4,042	$4,237	$4,440	$4,654	$4,877	$5,112	$5,358	$5,615	$5,885
Cash Invested	$68,011	$72,054	$76,291	$80,731	$85,386	$90,264	$95,376	$100,734	$106,349	$112,235

Rental Cash Flows
Rent and other income	$21,204	$21,840	$22,495	$23,170	$23,865	$24,581	$25,318	$26,078	$26,860	$27,666
Operating Expenses	-$6,181	-$6,327	-$6,476	-$6,629	-$6,785	-$6,946	-$7,110	-$7,278	-$7,451	-$7,627
Mortgage Payment	-$15,436	-$15,436	-$15,436	-$15,436	-$15,436	-$15,436	-$15,436	-$15,436	-$15,436	-$15,436
Net Cash Flow	-$414	$76	$582	$1,104	$1,643	$2,199	$2,772	$3,363	$3,973	$4,602

Returns
Property Price Appreciation	$15,495	$16,269	$17,083	$17,937	$18,834	$19,775	$20,764	$21,803	$22,893	$24,037
Mortgage Paydown	$3,857	$4,042	$4,237	$4,440	$4,654	$4,877	$5,112	$5,358	$5,615	$5,885
Net Cash Flow	-$414	$76	$582	$1,104	$1,643	$2,199	$2,772	$3,363	$3,973	$4,602
Total Return	$18,938	$20,389	$21,903	$23,482	$25,131	$26,852	$28,649	$30,524	$32,482	$34,525
Cumulative Return	$18,938	$39,327	$61,230	$84,713	$109,845	$136,698	$165,347	$195,872	$228,354	$262,880

Investment Metrics
Cumulative ROI	27.8%	54.6%	80.3%	104.9%	128.6%	151.4%	173.4%	194.4%	214.7%	234.2%
Cash On Cash	-0.6%	0.1%	0.8%	1.4%	1.9%	2.4%	2.9%	3.3%	3.7%	4.1%