Townhouse
$309,000
#140 655 Tamarack Rd NW
Tamarack, Edmonton16 days on market
listed by Exp Realty
MLS® E4512511
#205 1506 Tamarack Bv NW
$249,900
#205 1506 Tamarack Bv NW
Tamarack, Edmonton · MLS® E4511289
221
809 sq ft · Condo · Single Family · built 2019 · 24 days on market
listed by Mohiv Dharamsey, Exp Realty
realtor's description
Welcome to 1506 Tamarack Way, a 2-bedroom, 2-bathroom condo in Tamarack, southeast Edmonton—an ideal opportunity for first-time buyers, downsizers, or investors looking for comfort, convenience, and value. Enjoy a functional layout featuring a bright living area, practical kitchen, two spacious bedrooms, two full bathrooms, and a private balcony—perfect for relaxing with your morning coffee or unwinding at the end of the day. Heated underground parking adds year-round comfort and convenience. Pet lovers will appreciate the pet-friendly building and private fenced dog park, giving your four-legged family member a place to enjoy too! The location makes everyday life easy, with shopping, restaurants, schools, parks, recreation, transit, and everyday essentials within walking distance. Enjoy quick access to Anthony Henday Drive and Whitemud Drive, with The Meadows Community Recreation Centre, Chalo FreshCo, Tim Hortons, and Walmart all nearby. Make this yours now!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 809 sq ft
- parking
- 1
- year built
- 2019
- strata fee
- $538 / mo ($0.67 / sq ft)
- days on market
- 24
- MLS®
- E4511289
features
- No Animal Home
- No Smoking Home
- Public Swimming Pool
- Refrigerator
- Dishwasher
- Stove
monthly cost
$1,627/mo
Mortgage $1,089 · Strata $538
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- −$190/mo
- cap rate
- 4.3%
- yearly net rent ÷ price
Costs: mortgage $1,089 · strata $538 · 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
location
Tamarack, EdmontonGoogle Maps ↗
schools
Catchment schools, Edmonton Public Schools
- Elementary K to Gr 6 Jackson Heightshomes in this catchment
24546.6 km away · 311 Jackson Road NW, Edmonton · (780) 465-9797 · website
- Middle Gr 7-9 Thelma Chalifouxhomes in this catchment
24545.6 km away · 2845 43A Avenue NW, Edmonton · (587) 489-4737 · website
- Secondary Gr 10-12 McNallyhomes in this catchment
24552.2 km away · 8440 - 105 Avenue NW, Edmonton · (780) 469-0442 · 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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