Griesbach, Edmonton · MLS® E4508808
221
1,075 sq ft · Condo · Single Family · built 2016 · 39 days on market
listed by Wendy Lam, RE/MAX Elite
Luxury Living at Its Finest in Griesbach! Welcome to this exceptional TOP-FLOOR CORNER UNIT offering 2 bedrooms, 2 bathrooms + den, heated underground parking, situated in the desirable community of Griesbach. Step inside, you’ll the sophisticated kitchen featuring SS appliances, granite countertops, ample cabinetry & a large centre island. The kitchen flows seamlessly into the spacious dining & living areas, highlighted by attractive laminate flooring, large & bright windows. Step to the large private covered balcony, an ideal for summer BBQs. The thoughtfully designed split-bedroom layout provides exceptional privacy. The spacious primary suite features a walk-through closet & a 3pc ensuite, while the 2sd bedroom sits next to a full 4pc bath. Extra incl a den rm, in-suite laundry, A/C, underground parking w storage cage, original owner, builder floor plan 1144 sqft. Building amenities incl a gym rm & social rm. Located just steps from parks/school/cafes/restaurants/transit & all amenities. Don't miss!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,481 · strata $651 · 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
24585.5 km away · 320 Griesbach Road NW, Edmonton · (780) 456-9482 · website
24585.5 km away · 320 Griesbach Road NW, Edmonton · (780) 456-9482 · website
24584.2 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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$301,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $301,500 |
| 2025 | $286,000 |
| 2024 | $254,500 |
| 2023 | $255,500 |
| 2022 | $264,000 |
| 2021 | $273,000 |
| 2020 | $270,000 |
| 2019 | $288,500 |
From City of Edmonton open data (property assessments), matched to #401 504 GRIESBACH PARADE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,124 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 89/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 16 places to eat or drink, 6 cafes, 14 parks and playgrounds, 1 school, 1 pharmacy, 39 transit stops.
mihom score from OpenStreetMap places, by straight line distance.