Chappelle Area, Edmonton · MLS® E4509414
22
760 sq ft · Condo · Single Family · built 2016 · 36 days on market
listed by Peshal Bastola, Sterling Real Estate
Good for investor or first home buyers! This 2 beds plus den, 2 title parkings and a storage condiminium located in Edmonton's South West Chappelle area has lots of features. The unit comes with a central air conditioning and huge balcony, open floor plan with beaufiful granite countertop, enerty efficient steel appliances and upgraded cabinets. The primary bedroom includes a walk-through closet and private ensuite, while the second bedroom and another full bathroom may be useful to your family or guest. There is a den which can be used as an offiece or kids study room. Washer and dryer are located in convenient area. The building features 4 floors with 2 high speed elevators, visitor pakings. This property is located close to all amenities; school, park, shopping. Quick access to Calgary Trail and Anthoney Henday.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $784 · strata $509 · 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
1.1 km away · 351 Chappelle Drive SW, Edmonton
1.1 km away · 351 Chappelle Drive SW, Edmonton
2.5 km away · 11810 35 Avenue SW, Edmonton
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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$181,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $181,000 |
| 2025 | $169,000 |
| 2024 | $152,000 |
| 2023 | $154,000 |
| 2022 | $159,000 |
| 2021 | $164,000 |
| 2020 | $164,000 |
| 2019 | $172,500 |
From City of Edmonton open data (property assessments), matched to #306 5370 CHAPPELLE ROAD SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,876 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 26/100 · Mostly by car
Within a 10 minute walk: 6 parks and playgrounds, 1 school, 25 transit stops.
mihom score from OpenStreetMap places, by straight line distance.