Malmo Plains, Edmonton · MLS® E4514041
23
1,173 sq ft · Townhouse · Single Family · built 2026 · 2 days on market
listed by Wally Karout, Royal Lepage Arteam Realty
Welcome to this brand new townhouse , the Gabriel, built by StreetSide Developments. Located in the community of Michener Park , 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 will be complete by the end of December the photos used are of the same style home recently built and colors may vary ***
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,438 · strata $108 · 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
24565.1 km away · 11915 - 40 Avenue NW, Edmonton · (780) 438-4200 · website
24565.0 km away · 32 Fairway Drive NW, Edmonton · (780) 413-2211 · website
24564.6 km away · 4350 - 111 Street NW, Edmonton · (780) 413-2700 · 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 $3,420 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 35/100 · Mostly by car
Within a 10 minute walk: 5 parks and playgrounds, 1 school, 15 transit stops.
mihom score from OpenStreetMap places, by straight line distance.