
Set on Summit Drive in Crestwood, this five-bedroom, five-bathroom home occupies one of Edmonton's most established residential pockets—a neighbourhood defined by mature streetscapes, proximity to golf, and easy access to schools and transit. The two-storey layout and five-car parking speak to scale and flexibility, while the freehold tenure and price point position this as a rare offering in a community where larger family homes seldom change hands. Shopping, parks, and playgrounds are all within reach, grounding daily life in convenience without sacrificing the quiet rhythm that draws buyers to this corner of the city. For families seeking room to grow in a neighbourhood with enduring appeal, this home presents a compelling opportunity.
Move the sliders. Compare fixed vs. variable. See exactly what this home costs you each month, with the math we’d use in your pre-approval.
Rates last updated from 26 Canadian lenders.
At twenty percent down, your equity stands on its own — default insurance no longer applies.
Four quick questions and we'll run the federal stress test against this specific listing. You'll see if you qualify, your monthly payment, and a personal action plan — no credit pull, no obligation.
Variable starts $1,764/mo cheaper than fixed today. But variable rates move with the Bank of Canada — if they rise, your payment rises with them. This chart shows your monthly payment if BoC moves rates up or down during your term. The crossover at +1.50% is where variable becomes more expensive than today's locked fixed.
The Bank of Canada holds rates flat, cuts, or hikes less than +1.5% during your 5-year term. You'd save roughly $1,764/mo for as long as that holds.
BoC raises rates more than +1.5% and keeps them there. You'd be locked in below the variable rate the rest of the term.
| Scenario | Down | Mortgage | Monthly | Income req. | Rate · amort |
|---|---|---|---|---|---|
Min. | $570,000 | $2,280,000 | $13,054 /mo | $561,000 | 4.84% · 25 yr |
25% | $712,500 | $2,137,500 | $12,238 /mo | $530,000 | 4.84% · 25 yr |
30% | $855,000 | $1,995,000 | $11,422 /mo | $500,000 | 4.84% · 25 yr |
A few questions and we'll come back with your actual buying power and the rates you actually qualify for.
Summit Drive sits at the edge of Crestwood, where tree-lined streets meet the kind of rhythm that makes a neighbourhood feel lived-in. You're a six-minute walk from MacKinnon Ravine Park, where the trail drops into cottonwood shade and opens onto the river valley below. Mornings might start at ch. Cafeteria three minutes up the road—small batches, good light, the sort of place where the barista learns your order. Panini's is four minutes the other direction when you'd rather let someone else handle dinner. It's a pocket of the city that balances quiet and convenience without trying too hard.
"The bakery items, other foods, and the drinks tasted great. The service was quite good as well and the atmosphere was nice too. Would…"
"The 3 cheese melt was so good I forgot to take photos! But nom nom nom. Great coffee and atmosphere! I love that there were kids playing…"
"Would recommend! We had Little Village cater our wedding. The food was phenomenal we go so many compliments, I’ve even had a few reach…"
"The burritos were incredibly delicious!! And on top of that they were identified, this is the kind of detail that makes the service on…"
"Amazing food and amazing service from Dee. Definitely the best meal we’ve had in Edmonton so far. Maybe worth a 3 hour drive from Calgary!"
"This place is beautiful! Can get pretty crowded on a warm day. Not much shaded areas but overall a pretty decent trail. Definitely a…"
"Great park! Super clean with recycled tire flooring. The two zip lines will be a favourite for the kids and the high height of the park…"
"Well my last stop on the tour of OTF Edmonton was a blast. Thanks for all the swag! My merch trunk is officially loaded with enough swag…"
"Great gym, friendly and very supportive atmosphere. From the moment I walked in Coach John welcomed us. 0 Judgement. The personal growth…"
"Definitely the best gym in Edmonton. No distractions, everything is clean, its never crowded and it’s about as old school as it gets.…"
"The layout of this store makes no sense. You can find the same or similar products in 3 different aisles. For a “discounted” grocery,…"
"They had what I needed in stock, when I went to self-checkout and forgot that I had cash on me, the employee was friendly and had no…"
"The owner's super friendly, and while it wasn't exactly what I expected, you can still find a ton of stuff a regular Canadian grocery…"






