Chappelle Area, Edmonton · MLS® E4512750
221
702 sq ft · Condo · Single Family · built 2016 · 11 days on market
listed by Aakansha Sharma, Nationwide Realty Corp
Welcome to this beautiful, secure building and convenient 2-bedrooms and 2-bathrooms condo is situated in a desirable neighborhood of Chappelle, making it excellent opportunity for first time home buyers or investment. This stunning condo offers the perfect blend of comfort and convenience. Located just steps away from school, public transit and shopping center. It has a large balcony backing on the walking trail. It's an ideal choice for families, professionals or anyone looking for easy access to Highway, Airport, as well as walking trails. Donald R. Getty school and playground at walking distance.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $871 · strata $438 · 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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$174,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $174,000 |
| 2025 | $161,500 |
| 2024 | $143,500 |
| 2023 | $143,000 |
| 2022 | $146,500 |
| 2021 | $151,000 |
| 2020 | $155,500 |
| 2019 | $163,000 |
From City of Edmonton open data (property assessments), matched to #321 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 $1,803 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, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.