18035 62B AV NW

Ormsby Place, Edmonton · MLS® E4500537

1,195 sq ft · 631 m² lot · House · Single Family · built 1981 · 92 days on market

listed by Rajbir Wander, Royal Lepage Arteam Realty

realtor's description

Rare opportunity to Open a Daycare of 50 Kids capacity in your OWN BUILDING, with approved DP and Building permits issued by City of Edmonton. Or build multi unit on huge corner Lot .Welcome to Ormsby Place! This 5-bedroom, 3-bath bi-level on HUGE CORNER LOT ,offers excellent flexibility for families, multigenerational living, investors The main floor features , laminate flooring, a bright open living/dining area, and a spacious kitchen overlooking the backyard. The primary bedroom includes a 2-piece ensuite, plus 2 additional bedrooms and a full bath. The fully finished basement offers a SECOND KITCHEN, large family room with cozy gas fireplace, 2 more bedrooms, a 3-piece bath, and laundry with double washer/dryer setup. Located on a large corner lot with separate back entrance, RV parking, oversized double detached garage, and a landscaped yard with mature trees and concrete patio. Conveniently close to schools, parks, transit, shopping, and Whitemud Drive.

property details

type: House, Single Family
bedrooms: 5
bathrooms: 3
living area: 1,195 sq ft
lot: 631 m²
parking: 0
year built: 1981
days on market: 92
MLS®: E4500537

features

Corner Site
Dishwasher
Dryer
Hood Fan
Two stoves
Two Washers

city assessment

$424,000

2026 assessment · market value as of July 1, 2025

Up 6.1% from $399,500 in 2025
$390,500 in 2016 (9% over ten years)
Asking price is 18% above the assessment
Built 1981
Lot 631 m² (6,789 sq ft)
Floor area on the roll 1,187 sq ft

roll year	assessed
2026	$424,000
2025	$399,500
2024	$383,000
2023	$393,000
2022	$367,000
2021	$343,000
2020	$354,500
2019	$370,500

From City of Edmonton open data (property assessments), matched to 18035 62B AVENUE 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 $4,394 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

$2,177/mo

Mortgage $2,177

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

estimated payment

$2,177/ monthly

loan $399,760

25-year amortization

down payment20% · $99,94020%+ 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: $253,383
land title fees: $1,000; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $100,940; down + land title fees
total paid: $653,143

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

location

Ormsby Place, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Ormsbyhomes in this catchment
24577.5 km away · 6323 - 184 Street NW, Edmonton · (780) 481-4646 · website
Middle Gr 7-9 S Bruce Smithhomes in this catchment
24577.1 km away · 5545 - 184 Street NW, Edmonton · (780) 444-4946 · website
Secondary Gr 10-12 Jasper Placehomes in this catchment
24578.1 km away · 8950 - 163 Street NW, Edmonton · (780) 408-9000 · 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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