Townhouse
$564,700
7439 May Common NW NW
Magrath Heights, Edmonton8 days on market
listed by REMAX River City
MLS® E4513341
#427 7463 May Cm NW
$509,000
#427 7463 May Cm NW
Magrath Heights, Edmonton · MLS® E4511749
22
1,136 sq ft · Condo · Single Family · built 2020 · 20 days on market
listed by Brant Pylypa, MaxWell Progressive
realtor's description
Stunning RAVINE VIEWS from this 1,136 sq ft 2BR/2Bath unit in highly desirable Edge at Larch Park. The moment you enter the property you will be impressed by the stunning location backing onto MacTaggart Ravine and adjacent to kilometres of walking and nature paths. High end finishings throughout including luxury vinyl plank flooring, quartz countertops, black stainless appliances, an abundance of cabinets in the expansive kitchen. Electric fireplace and frame TV in the living area. 4 piece ensuite and walk in closet, with custom shelves and drawers in the large primary bedroom. several upgrades including $6,500 in custom draperies. Unparalleled amenities including a chefs kitchen, owners lounge, games room, gym, yoga studio, pet spa, bark park art studio, fire pit area, roof top patio and 2 guest suites. TWO TITLED PARKING STALLS AND A STORAGE CAGE. Enjoy a carefree lifestyle in this fabulous building and location!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,136 sq ft
- parking
- 0
- year built
- 2020
- strata fee
- $633 / mo ($0.56 / sq ft)
- days on market
- 20
- MLS®
- E4511749
features
- See remarks
- Ravine
- Flat site
- Park/reserve
- Closet Organizers
- No Smoking Home
monthly cost
$2,851/mo
Mortgage $2,218 · Strata $633
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- −$1,414/mo
- cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $2,218 · strata $633 · 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
location
Magrath Heights, EdmontonGoogle Maps ↗
Rapid transit: Century Park LRT station, 2.4 km (about 38 min walk).
schools
Catchment schools, Edmonton Public Schools
- Elementary K to Gr 9 Nellie Carlsonhomes in this catchment
24559.4 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
- Middle K to Gr 9 Nellie Carlsonhomes in this catchment
24559.4 km away · 4132 MacTaggart Drive NW, Edmonton · (587) 489-4702 · website
- Secondary Gr 10-12 Lillian Osbornehomes in this catchment
24561.0 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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