River's Edge, Edmonton · MLS® E4514152
23
1,170 sq ft · Townhouse · Single Family · built 2026 · 1 day on market
listed by Wally Karout, Royal Lepage Arteam Realty
NO CONDO FEES and AMAZING VALUE! You read that right. Welcome to this brand new townhouse unit, the Gabriel 2, built by StreetSide Developments. Located in the newest premier west end community of River’s Edge, this home is almost 1200 square feet and comes with front yard landscaping and a single oversized attached garage. A perfect opportunity for a young family or downsizers to get into a new home! Your main floor is complete with upgrade luxury vinyl plank flooring throughout the great room and the kitchen. The main entrance/ main floor has a large sized foyer with a 2 piece bathroom and an office / bedroom. Highlighted in your new kitchen are upgraded cabinets, upgraded counter tops and a tile back splash. The upper level has 2 bedrooms and 2 full bathrooms. *** Home is under construction and will be complete by the end of December , the photos used are from the same style home recently built but some colors may vary ***
20% down at 4.34% fixed (Ratehub.ca), 25 years.
Costs: mortgage $1,494 · insurance ~$175 · 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
24573.0 km away · 17335 - 76 Avenue NW, Edmonton · (780) 487-0727 · website
24572.8 km away · 16400 - 80 Avenue NW, Edmonton · (780) 489-2516 · website
24573.4 km away · 8950 - 163 Street NW, Edmonton · (780) 408-9000 · 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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about $3,554 a year
The asking price 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. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 6/100 · Car needed for most errands
Within a 10 minute walk: 3 parks and playgrounds, 4 transit stops.
mihom score from OpenStreetMap places, by straight line distance.