14631 SUMMIT DR NW, Edmonton, Alberta T5N3T4
14631 SUMMIT DR NW, Edmonton, Alberta T5N3T4
Robby Halabi · MLS E4511633

14631 SUMMIT DR NW,
Edmonton, Alberta

Price
$2,850,000
5 beds
5 baths
2,600 sqft
House type
A note about the home

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.

Property at a glance
Bedrooms
5
Bathrooms
5
Interior
2,600
Property type
House
Parking
5
Ownership
Freehold
MLS number
E4511633
Annual taxes (est.)
$28,500
Community
Crestwood
Gallery

Inside the home

Live calculator · rates as of today

The Payment Lab

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.

Down payment
MIN
$570,000 of $2,850,000
Conventional financing

At twenty percent down, your equity stands on its own — default insurance no longer applies.

Amortization
25 years
25-year payment schedule
Rate mode
Conventional rate 4.84% · Variable shown is approximate (conventional prime − discount).
What this home costs you
$15,592 /mo
Mortgage payment$13,117
Property taxes (est.)$2,375 /mo
Heating (est.)$100 /mo
Down payment
$570,000
Mortgage amount
$2,280,000
Term rate
4.84%
Amortization
25 yr
Affordability check · 60 seconds · no credit pull

Can you afford this home?

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.

Fixed vs Variable · break-even

If rates move, what wins?

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.

Today · Fixed
$13,117/mo
Locked at 4.84% for 25 years
Today · Variable
$11,353/mo
Floats at 3.45% (moves with BoC)
Break-even
+1.50%
BoC rate hike where variable starts costing more than fixed
Monthly payment
-1.5%-1.25%-1%-0.75%-0.5%-0.25%0%+0.25%+0.5%+0.75%+1%+1.25%+1.5%$0.0k$3.5k$7.0k$10.5k$14.0kTodayBreak-even
Fixed (locked) Variable (moves with BoC)
← BoC cuts   ·   BoC hikes →
Variable wins if…

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.

Fixed wins if…

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.

Mortgage scenarios

Every down-payment, mapped

ScenarioDownMortgageMonthlyIncome req.Rate · amort
Min.
$570,000$2,280,000$13,054 /mo$561,0004.84% · 25 yr
25%
$712,500$2,137,500$12,238 /mo$530,0004.84% · 25 yr
30%
$855,000$1,995,000$11,422 /mo$500,0004.84% · 25 yr
Ready when you are

Get pre-approved.

A few questions and we'll come back with your actual buying power and the rates you actually qualify for.

The neighbourhood

Life around Edmonton.

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.

Robby Halabi
Listed by

Robby Halabi

Rimrock Real Estate
See every lender rate today — 26 Canadian lenders, one page.
View live rates
Questions buyers ask

Good question.

The property is listed at $2,850,000.