Brander Gardens, Edmonton · MLS® E4483373
22
950 sq ft · Condo · Single Family · built 1978 · 186 days on market
listed by Min Xie, Sterling Real Estate
Great Location in a Desirable School Zone! Surrounded by excellent schools from elementary through high school, this well-maintained apartment offers 2 bedrooms and 2 full bathrooms, including a primary bedroom with a 4-piece ensuite and a second full bath conveniently located next to the guest bedroom. The bright living space features laminate and ceramic flooring, large west-facing windows, and sliding doors leading to a spacious balcony. Ideally located across from Riverbend Junior High School, with quick access to Whitemud Drive and shopping at Southgate Centre. Convenient transit routes provide easy access to West Edmonton Mall and the University of Alberta. Enjoy excellent building amenities including a pool, sauna, hot tub, and games/lounge room, plus nearby parks and recreational facilities. A fantastic opportunity for both homeowners and investors, currently have stable nice tenants who would be happy to stay if the new owner wishes — don’t miss out!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $709 · strata $675 · 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
24570.6 km away · 14865 - 56 Avenue NW, Edmonton · (780) 436-6740 · website
24570.5 km away · 14820 - 53 Avenue NW, Edmonton · (780) 434-7914 · 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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$150,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $150,500 |
| 2025 | $132,000 |
| 2024 | $125,000 |
| 2023 | $125,000 |
| 2022 | $144,000 |
| 2021 | $151,500 |
| 2020 | $157,000 |
| 2019 | $166,000 |
From City of Edmonton open data (property assessments), matched to #203 5125 RIVERBEND ROAD NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,560 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 36/100 · Mostly by car
Within a 10 minute walk: 1 cafe, 8 parks and playgrounds, 6 schools, 19 transit stops.
mihom score from OpenStreetMap places, by straight line distance.