#98 4050 Savaryn Dr SW

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$290,000

#98 4050 Savaryn Dr SW

Summerside, Edmonton · MLS® E4513051

1,224 sq ft · Townhouse · Single Family · built 2013 · 10 days on market

listed by Glenn Vieneau, Exp Realty

realtor's description

Welcome to this bright & spacious 3 bed, 2.5 bath townhome in Mosaic Shores, Summerside! Located on the outer edge of the complex for added privacy and natural light. Enjoy durable LVP flooring on the main floor with carpet upstairs, quartz countertops, a spacious kitchen with pantry, and a sliding door opening to your private balcony. Large bedrooms, a fenced front yard, and a double attached garage complete the package. Summerside offers an incredible lifestyle with lake access for swimming, paddling & year-round recreation, plus parks, trails, and community amenities just steps away. Convenient location close to shopping, schools & major routes. You’ll love this move-in ready home!

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,224 sq ft
parking: 0
year built: 2013
strata fee: $281 / mo ($0.23 / sq ft)
days on market: 10
MLS®: E4513051

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Microwave Range Hood Combo

monthly cost

$1,545/mo

Mortgage $1,264 · Strata $281

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

estimated payment

$1,264/ monthly

loan $232,000

25-year amortization

down payment20% · $58,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $147,051
land title fees: $625; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $58,625; down + land title fees
total paid: $379,051

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,880/mo
after all costs: $10/mo
cap rate: 5.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,264 · strata $281 · 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

location

Summerside, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary Gr 2-9 Michael Strembitskyhomes in this catchment
24544.0 km away · 4110 Savaryn Drive SW, Edmonton · (780) 392-3500 · website
Middle Gr 2-9 Michael Strembitskyhomes in this catchment
24544.0 km away · 4110 Savaryn Drive SW, Edmonton · (780) 392-3500 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24546.2 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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