Townhouse
$324,900
#122 2560 Pegasus Bv NW
Griesbach, Edmonton2 days on market
listed by RE/MAX Excellence
MLS® E4514094
#306 560 Griesbach Parade Pr NW
$379,000
#306 560 Griesbach Parade Pr NW
Griesbach, Edmonton · MLS® E4507135
22
1,238 sq ft · Condo · Single Family · built 2018 · 51 days on market
listed by Chelsea Yu, Royal Lepage Summit Realty
realtor's description
Welcome to this spacious 2-bedroom plus den, 1,300 sq. ft. builder’s-size suite located on the third floor in the award-winning community of Griesbach. Ideally situated close to Patricia Lake, just off 97th Street, this condo offers an exceptional combination of comfort, quality, and convenience, with abundant green space, walking trails, parks, shopping, and restaurants all close by. Inside, you’ll find a thoughtfully designed living space featuring quartz countertops throughout, soft-close cabinetry and drawers, and durable LVP and LVT flooring, with comfortable carpeting in the bedrooms. A best-in-class, energy-efficient air conditioning heat pump system provides efficient year-round comfort right from within the unit. Amenities include underground parking, a car wash bay, library, exercise room, and games room. Parking stall is life lease; no property taxes or condo fees on the stall. Virtually staged photos are for illustrative purposes only.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,238 sq ft
- parking
- 0
- year built
- 2018
- strata fee
- $490 / mo ($0.40 / sq ft)
- days on market
- 51
- MLS®
- E4507135
features
- Refrigerator
- Dishwasher
- Stove
- Microwave Range Hood Combo
- Window Coverings
- Washer/Dryer Stack-Up
monthly cost
$2,141/mo
Mortgage $1,651 · Strata $490
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
- −$704/mo
- cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $1,651 · strata $490 · 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
Griesbach, EdmontonGoogle Maps ↗
schools
Catchment schools, Edmonton Public Schools
- Elementary K to Gr 9 Major General Griesbachhomes in this catchment
24585.7 km away · 320 Griesbach Road NW, Edmonton · (780) 456-9482 · website
- Middle K to Gr 9 Major General Griesbachhomes in this catchment
24585.7 km away · 320 Griesbach Road NW, Edmonton · (780) 456-9482 · website
- Secondary Gr 10-12 Queen Elizabethhomes in this catchment
24584.4 km away · 9425 - 132 Avenue NW, Edmonton · (780) 476-8671 · 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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