194 Sunwapta Way NW NW

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

rent

$1,880/mo

after all costs

−$271/mo

cap rate

4.5%

yearly net rent ÷ price

Costs: mortgage $1,825 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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

• Elementary K to Gr 6 Ormsbyhomes in this catchment

  24573.1 km away · 6323 - 184 Street NW, Edmonton · (780) 481-4646 · website

• Middle Gr 7-9 S Bruce Smithhomes in this catchment

  24572.7 km away · 5545 - 184 Street NW, Edmonton · (780) 444-4946 · website

• Secondary Gr 10-12 Jasper Placehomes in this catchment

  24573.7 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.