14631 Summit Dr NW

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$2,850,000

14631 Summit Dr NW

Crestwood, Edmonton · MLS® E4511633

555

3,400 sq ft · House · Single Family · built 2026 · 21 days on market

listed by Robby Halabi, Rimrock Real Estate

realtor's description

Experience elevated living in Crestwood with this extraordinary custom residence by award-winning Rimrock Elevations, in collaboration with Design Two Group, perfectly positioned on prestigious Summit Drive overlooking Mackinnon Ravine. This architecturally striking home showcases a bold, ultra-modern design with expansive floor-to-ceiling windows that capture serene ravine views & flood the interior with natural light. Crafted with uncompromising attention to detail, the home features bespoke woodwork, custom cabinetry, and fully integrated built-in appliances, complemented by premium finishes throughout. Enjoy the comfort of in-floor heating and seamless control with state-of-the-art home automation. Designed for both lifestyle and entertainment, optional developed basement features a golf simulator room & wet bar. Offering 5 bedrooms + 4.5 baths, this residence also features an elevator for effortless access, a stunning upper balcony facing the ravine, and a rare 3-car garage connected by a breezeway.

property details

type: House, Single Family
bedrooms: 5
bathrooms: 5
living area: 3,400 sq ft
parking: 5
year built: 2026
days on market: 21
MLS®: E4511633

features

Private setting
Ravine
Lane
Wet bar
See remarks

city assessment

$803,000

2026 assessment · market value as of July 1, 2025

Up 0.1% from $802,500 in 2025
$693,500 in 2016 (16% over ten years)
Asking price is 255% above the assessment
Built 1991
Lot 581 m² (6,258 sq ft)
Floor area on the roll 1,637 sq ft

roll year	assessed
2026	$803,000
2025	$802,500
2024	$732,000
2023	$757,000
2022	$740,500
2021	$773,000
2020	$799,000
2019	$783,500

From City of Edmonton open data (property assessments), matched to 14631 SUMMIT DRIVE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $8,321 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.

monthly cost

$12,417/mo

Mortgage $12,417

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$12,417/ monthly

loan $2,280,000

25-year amortization

down payment20% · $570,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,445,153
land title fees: $5,230; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $575,230; down + land title fees
total paid: $3,725,153

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.