Schonsee, Edmonton · MLS® E4511299
222
853 sq ft · Condo · Single Family · built 2014 · 23 days on market
listed by Guy Pelletier, Century 21 Reward Realty
Stunning in Schonsee! This exquisite 4th-floor gem is a gorgeous (2) two-bedroom, (2) two-bathroom condominium boasting spectacular views!! It features 9' ceilings, sound-reducing, waterproof cork flooring, a superb layout, and gorgeous feature walls in the living room and primary bedroom. Over $9,000 in upgrades were completed at the time of original purchase. Finishes include quartz kitchen countertops, stainless steel appliances, and raised cabinetry. More recently, a new dishwasher and dryer have been added. Additional upgrades include fresh paint and modern fixtures! Enjoy convenient stairwell access directly down to your energized exterior surface parking stall (valued at over $6,000). Plus, there's a titled underground parking stall with storage locker! Ideal for a small family, first-time buyers, or investors. Close to all amenities, including schools, shopping, transit, and major roadways. This property is priced below market value, so you can move in and start enjoying your new home right away!!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $936 · strata $512 · 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
24587.0 km away · 14020 - 88A Street NW, Edmonton · (780) 475-5162 · website
24587.1 km away · 14320 - 88A Street NW, Edmonton · (780) 476-4646 · website
24586.1 km away · 6804 - 144 Avenue NW, Edmonton · (780) 408-9800 · 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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$219,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $219,500 |
| 2025 | $207,500 |
| 2024 | $194,500 |
| 2023 | $203,000 |
| 2022 | $211,000 |
| 2021 | $209,500 |
| 2020 | $199,500 |
| 2019 | $212,500 |
From City of Edmonton open data (property assessments), matched to #404 5510 SCHONSEE DRIVE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,275 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 34/100 · Mostly by car
Within a 10 minute walk: 1 cafe, 5 parks and playgrounds, 21 transit stops.
mihom score from OpenStreetMap places, by straight line distance.