#37 4020 21 ST NW

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

rent

$1,600/mo

after all costs

−$287/mo

cap rate

4.1%

yearly net rent ÷ price

Costs: mortgage $1,333 · strata $251 · insurance ~$175 · 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

• Elementary K to Gr 6 Velma E Bakerhomes in this catchment

  24549.9 km away · 2845 - 43 A Avenue NW, Edmonton · (780) 440-4088 · website

• Middle Gr 7-9 Thelma Chalifouxhomes in this catchment

  24549.7 km away · 2845 43A Avenue NW, Edmonton · (587) 489-4737 · website

• Secondary Gr 10-12 McNallyhomes in this catchment

  24556.4 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.