South Terwillegar, Edmonton · MLS® E4512697
22
915 sq ft · Condo · Single Family · built 2008 · 13 days on market
listed by Paul Singh, MaxWell Polaris
Welcome to Park Place Terwillegar Terrace. This top floor unit has a south facing backyard with no building behind. Enjoy the view while soaking up the sun! This well-kept 2-bedroom, 2-bathroom condo features a bright and functional open-concept layout with in-floor heating, in suite laundry and in suite storage. The building is professionally managed and includes elevator access and a gym. The unit comes with 1 assigned outdoor parking stall, and plenty of visitor parking. $576 Condo fees include heat, water/sewer, Reserve Fund contribution, exterior maintenance & more. Need more parking? Lots of extra stalls available for rent. Situated in the heart of South Terwillegar, you’re just minutes from schools, shopping, parks, public transit, and the Terwillegar Rec Centre. A great opportunity for first-time buyers or investors looking for a solid property in a desirable location. Some pictures are virtually staged. There is no furniture now and it's available for quick possession.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $784 · strata $576 · 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
24562.6 km away · 12323 - 51 Avenue NW, Edmonton · (780) 434-3160 · website
24562.2 km away · 5425 - 114 Street NW, Edmonton · (780) 434-8402 · website
24561.7 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.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
$182,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $182,500 |
| 2025 | $169,500 |
| 2024 | $147,000 |
| 2023 | $144,000 |
| 2022 | $149,000 |
| 2021 | $155,000 |
| 2020 | $158,500 |
| 2019 | $179,000 |
From City of Edmonton open data (property assessments), matched to #1411 9363 SIMPSON DRIVE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,891 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 50/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 3 parks and playgrounds, 24 transit stops.
mihom score from OpenStreetMap places, by straight line distance.