Windermere, Edmonton · MLS® E4513399
443
2,221 sq ft · Condo · Single Family · built 2019 · 7 days on market
listed by Michael Melnychuk, Century 21 All Stars Realty Ltd
LUXURY CONCRETE & STEEL, CORNER PENTHOUSE BUNGALOW IN THE SKY WITH OVER 2,200 SQFT, POND-BACKING VIEWS, AND AN EXPANSIVE WRAP-AROUND BALCONY IN PRESTIGIOUS UPPER WINDERMERE! Rare 4-bedroom residence with 10FT ceilings, central A/C, and expansive windows flooding the home with natural light. The chef-inspired kitchen features quartz counters, oversized island with eat-up breakfast bar, gas stove, wine fridge, and walk-in pantry with built-in shelving. The living room with electric fireplace flows into the dining area, perfect for entertaining. The primary retreat offers balcony access, yours-and-mine walk-in closets, and a spa-inspired 5PC ensuite with jetted soaker tub, double vanity, and separate shower. ALL BEDROOMS HAVE ENSUITE ACCESS. Complete with in-suite laundry, elegant foyer with built-ins and bench, gym access, 3 TITLED PARKING STALLS, 3 titled storage cages, and steps to top schools, shopping, dining, and endless amenities. SOME PHOTOS ARE VIRTUALLY STAGED.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $3,267 · strata $1,253 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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
24563.4 km away · 315 Windermere Road NW, Edmonton · (780) 944-2829 · website
24565.5 km away · 14820 - 53 Avenue NW, Edmonton · (780) 434-7914 · website
24563.4 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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$299,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $299,500 |
| 2025 | $274,500 |
| 2024 | $249,500 |
| 2023 | $234,000 |
| 2022 | $244,500 |
| 2021 | $175,500 |
From City of Edmonton open data (property assessments), matched to #502 1316 WINDERMERE WAY SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,104 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 78/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 6 places to eat or drink, 1 cafe, 4 parks and playgrounds, 1 school, 27 transit stops.
mihom score from OpenStreetMap places, by straight line distance.