Ambleside, Edmonton · MLS® E4511209
221
1,453 sq ft · Condo · Single Family · built 2014 · 23 days on market
listed by Neithan Salame, REMAX River City
THREE private balconies set this top-floor penthouse apart, offering incredible outdoor living and stunning city views. Penthouse units like this rarely come up, especially in one of the city's most sought-after complexes. Offering over 1,450 sq. ft., this 2 bed, 2 bath home features soaring ceilings, massive windows, and an abundance of natural light. The chef's kitchen overlooks the main balcony and skyline, creating the perfect space to cook and entertain. The spacious primary suite offers a spa-inspired ensuite, while the second bedroom and full bath are beautifully finished. Complete with a titled parking stall, this exceptional complex also features concierge service, security, recreation rooms, and a fitness centre. Located minutes from premier shopping with quick access to Anthony Henday Drive, this is penthouse living at its finest.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $2,174 · strata $976 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) raised by what new tenants pay against everyone in the Edmonton area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Catchment schools, Edmonton Public Schools
24561.1 km away · 3815 Allan Drive SW, Edmonton · (587) 489-4704 · website
24561.1 km away · 3815 Allan Drive SW, Edmonton · (587) 489-4704 · website
24562.2 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · website
From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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$646,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $646,000 |
| 2025 | $619,500 |
| 2024 | $600,500 |
| 2023 | $597,000 |
| 2022 | $535,500 |
| 2021 | $524,000 |
| 2020 | $513,500 |
| 2019 | $530,500 |
From City of Edmonton open data (property assessments), matched to #1225 5151 WINDERMERE BOULEVARD SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $6,694 a year
The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Walkability 86/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 25 places to eat or drink, 4 cafes, 9 parks and playgrounds, 21 transit stops.
mihom score from OpenStreetMap places, by straight line distance.