Pembina, Edmonton · MLS® E4509726
222
869 sq ft · Condo · Single Family · built 2005 · 33 days on market
listed by Oleksandr Shyshyn, The E Group Real Estate
Welcome to Palisades Park Villas! You will definitely appreciate the pride of ownership and exceptional maintenance throughout entire complex. Step inside this third-floor, west-facing apartment offering over 868 sq. ft. of comfortable living space with gleaming hardwood floors that flow throughout the home. To your right, you'll find a spacious kitchen with upgraded countertops and a convenient adjoining laundry with new laundry pair and utility room. The split floor plan features two generously sized bedrooms positioned on opposite sides of the living room, providing privacy and flexibility. The primary bedroom easily accommodates king-sized bed and includes a walk-in closet and a private 4-piece ensuite. The second bedroom is perfect for a guest room, home office or gym. Additional highlights include air conditioning for those warm summer days, low condo fees of just $470.24/month, and two titled parking stalls: one underground stall complete with attached storage cage and one surface stall.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $936 · strata $470 · 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
24590.6 km away · 13815 Cumberland Road NW, Edmonton · (587) 489-4712 · website
24590.6 km away · 13815 Cumberland Road NW, Edmonton · (587) 489-4712 · website
24587.6 km away · 13546 - 111 Avenue NW, Edmonton · (780) 448-5000 · 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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$180,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $180,500 |
| 2025 | $173,000 |
| 2024 | $154,500 |
| 2023 | $159,000 |
| 2022 | $161,000 |
| 2021 | $169,500 |
| 2020 | $173,500 |
| 2019 | $178,000 |
From City of Edmonton open data (property assessments), matched to #307 13111 140 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,871 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 92/100 · Very walkable: most errands on foot
Within a 10 minute walk: 4 grocery stores, 31 places to eat or drink, 1 cafe, 8 parks and playgrounds, 3 schools, 3 pharmacies, 43 transit stops.
mihom score from OpenStreetMap places, by straight line distance.