#7 671 Silver Berry RD NW

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

rent

$1,600/mo

after all costs

−$9/mo

cap rate

5.2%

yearly net rent ÷ price

Costs: mortgage $1,041 · strata $265 · 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

• Elementary K to Gr 6 Bissethomes in this catchment

  24547.8 km away · 3020 - 37 Street NW, Edmonton · (780) 450-6536 · website

• Middle Gr 7-9 Kate Chegwinhomes in this catchment

  24548.5 km away · 3119 - 48 Street NW, Edmonton · (780) 469-0470 · website

• Secondary Gr 10-12 W P Wagnerhomes in this catchment

  24551.9 km away · 6310 Wagner Road NW, Edmonton · (780) 469-1315 · 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.