Magrath Heights, Edmonton · MLS® E4513208
221
995 sq ft · Condo · Single Family · built 2025 · 9 days on market
listed by Karim Keshavjee, REMAX River City
Luxurious top-floor condo offers upscale finishes, brilliant design, unbeatable location & a wide variety of amenities. Features a contemporary kitchen with two-tone cabinetry, stainless steel appliances, pull-out waste/recycling drawers and a large island with breakfast bar. Living room has a stylish fireplace, attractive surround and display shelving. The primary suite includes a walk-through closet with efficient organizer system and a spa-inspired ensuite with double sinks and a full-sized shower. The 2nd bedroom offers a large window and ample closet space. There is also a 4-piece bathroom, in-suite laundry, large balcony, titled underground parking and storage cage. Evolve's location is Integrated into MacTaggart Ravine’s walking and cycling trails, ameniities include a chef’s kitchen, entertainment lounge, fully equipped gym, guest suite, meeting and craft rooms. An active social committee organizes yoga classes, Oilers watch parties, crib and more!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,848 · strata $391 · 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
24559.2 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
24559.2 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
24560.9 km away · 15312 23 Avenue, Edmonton · (780) 391-2450 · 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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$420,000
2026 assessment · market value as of July 1, 2025
From City of Edmonton open data (property assessments), matched to #418 7459 MAY COMMON NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $4,352 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: 4 parks and playgrounds, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.