Edmonton Condo Calculators
Work out the cash you need to buy, what a condo really costs each month, the income you'd need to qualify, and how two buildings' condo fees compare.
How Much Cash Do I Need to Buy?
Your down payment plus every closing cost due on possession day. Alberta has no land transfer tax, so the list is short.
- Down payment
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- Legal fees
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- Home inspection
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- GST (new builds, after rebate)
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- Adjustments, moving & setup
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- Closing costs total
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- Mortgage incl. insurance premium
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Estimates only. Alberta has no land transfer tax. GST is 5% on new homes; the federal GST New Housing Rebate (36% of the GST, up to $6,300) applies in full up to $350,000 and phases out at $450,000, and buyers usually assign it to the builder. Additional first-time buyer GST relief may apply — ask us. The mortgage default insurance premium is added to your mortgage, not paid in cash. See the full closing costs breakdown, and check the building's move-in fees and deposits.
What Will This Condo Cost Each Month?
Enter a price to see your estimated monthly cost. Edmonton's average apartment condo was $208,672 in September 2026.
- Down payment
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- Mortgage insurance premium
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- Total mortgage
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- Monthly mortgage payment
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- Qualifying (stress test) rate
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- Household income needed (approx.)
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Estimates only, using standard Canadian rules: semi-annual compounding; minimum down payment of 5% of the first $500,000 and 10% above; mortgage default insurance premiums of 4.00% (5–9.99% down), 3.10% (10–14.99%) and 2.80% (15–19.99%), plus 0.20% for a 30-year insured amortization; and a 39% gross debt service limit at the higher of your rate + 2% or 5.25%, counting half the condo fee. Lenders also look at your other debts. Talk to a mortgage professional for an exact figure.
Compare Condo Fees per Square Foot
A $550 fee can be cheaper than a $380 one. Compare two buildings on the same basis — and note what each fee includes.
Building A
Building B
Fee per square foot is only one part of the picture. Check each building's reserve fund, fee history and upcoming projects — see Edmonton condo fees explained and condo document review.
Live Condo MLS® Listings
Search every condo on the Edmonton MLS®, updated daily — then let a local condo specialist help you separate the great buildings from the money pits.