5224 Schonsee DR NW

20% down at 4.34% fixed (Ratehub.ca), 25 years.

rent

$1,880/mo

after all costs

−$315/mo

cap rate

4.3%

yearly net rent ÷ price

Costs: mortgage $1,869 · insurance ~$175 · 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

• Elementary K to Gr 6 Lago Lindohomes in this catchment

  24589.0 km away · 17303 - 95 Street NW, Edmonton · (780) 456-6980 · website

• Middle Gr 7-9 Dickinsfieldhomes in this catchment

  24586.7 km away · 14320 - 88A Street NW, Edmonton · (780) 476-4646 · website

• Secondary Gr 10-12 Queen Elizabethhomes in this catchment

  24586.2 km away · 9425 - 132 Avenue NW, Edmonton · (780) 476-8671 · 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.