Windermere, Edmonton · MLS® E4512225
22
772 sq ft · Condo · Single Family · built 2011 · 17 days on market
listed by Tim Jeong, REMAX River City
Located in the highly desirable Windermere community, this beautifully maintained top-floor 2-bedroom condo offers exceptional comfort and quality in a steel-and-concrete building with superior soundproofing and in-floor heating. The bright and spacious layout features soaring 16-foot ceilings in the living room and 9-foot ceilings throughout the rest of the unit. The modern open-concept kitchen overlooks the dining area and is finished with granite countertops and upgraded appliances. The spacious primary bedroom includes a walk-through closet and private 3-piece ensuite, while the second bedroom is generously sized and located near the additional 4-piece bathroom. Granite countertops continue throughout all bathrooms for a cohesive upscale feel. Enjoy a sunny south-facing balcony, one heated underground parking stall, and an unbeatable location within walking distance to shopping, parks, schools, public transit, ponds, and Currents at Windermere, with quick access to Anthony Henday and Whitemud Drive.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,132 · strata $456 · 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
24563.5 km away · 315 Windermere Road NW, Edmonton · (780) 944-2829 · website
24565.5 km away · 14820 - 53 Avenue NW, Edmonton · (780) 434-7914 · website
24563.5 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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$239,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $239,500 |
| 2025 | $225,000 |
| 2024 | $206,000 |
| 2023 | $202,500 |
| 2022 | $204,000 |
| 2021 | $201,500 |
| 2020 | $209,500 |
| 2019 | $230,000 |
From City of Edmonton open data (property assessments), matched to #505 1238 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 $2,482 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 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 7 places to eat or drink, 1 cafe, 4 parks and playgrounds, 1 school, 25 transit stops.
mihom score from OpenStreetMap places, by straight line distance.