14631 SUMMIT DR NW,
Edmonton, Alberta
This three-bedroom, two-storey home sits on a generous lot in Crestwood, one of Edmonton's most enduring northwest neighbourhoods. The community's mature tree canopy and quiet crescents draw families who value walkability—schools, playgrounds, and golf greens are all close at hand, with shopping and transit links moments away. At this price point, the address offers both the privacy of freehold ownership and the rhythm of an established pocket, where neighbours know one another and sidewalks stay active year-round. The two-bathroom floor plan spreads life across two levels, lending breathing room to households that need separation between public and private zones. Crestwood's appeal has always been its balance: proximity without density, greenspace without isolation.
Inside the home
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.
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If rates move, what wins?
Variable starts $314/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 +0.75% is where variable becomes more expensive than today's locked fixed.
The Bank of Canada holds rates flat, cuts, or hikes less than +0.8% during your 5-year term. You'd save roughly $314/mo for as long as that holds.
BoC raises rates more than +0.8% and keeps them there. You'd be locked in below the variable rate the rest of the term.
Every down-payment, mapped
| Scenario | Down | Mortgage | Monthly | Income req. | Rate · amort |
|---|---|---|---|---|---|
Min. Down + $33,396 CMHC | $64,990 | $868,306 | $4,681 /mo | $201,000 | 4.24% · 25 yr |
10% + $25,107 CMHC | $89,990 | $835,017 | $4,502 /mo | $194,000 | 4.24% · 25 yr |
15% + $21,418 CMHC | $134,985 | $786,333 | $4,239 /mo | $184,000 | 4.24% · 25 yr |
20% | $179,980 | $719,920 | $3,921 /mo | $172,000 | 4.34% · 25 yr |
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A few questions and we'll come back with your actual buying power and the rates you actually qualify for.
Life around Edmonton.
Summit Drive sits on the quiet edge of Glenora, where morning routines might start with a three-minute walk to ch. Cafeteria for their house roast before the workday begins. When you need to stretch your legs, MacKinnon Ravine Park is six minutes away, its wooded trails dipping below the street grid into that unexpected river-valley silence Edmonton does so well. Dinner decisions lean easy here—Panini's Italian Cucina is four minutes up the block, the kind of spot where you recognize faces at neighbouring tables. It's a neighbourhood that feels both central and tucked away, where errands blend into rituals without much effort.
Coffee
Top 2 within 1.5 km"The bakery items, other foods, and the drinks tasted great. The service was quite good as well and the atmosphere was nice too. Would…"
"Welcoming atmosphere that makes you want to stay for hours. It has become my little escape corner whenever I need to relax or unwind.…"
Restaurants
Top 3 within 1.5 km"What a treat it was to have this yummy braised lamb family meal. Greek potatoes, rice, tzatziki and the star: 4 lamb shanks. It was a…"
"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!"
Parks & green
Top 2 within 1.5 km"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…"
Recreation
Top 3 within 1.5 km"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…"
"Started coming almost a year ago and I can’t see myself stopping. I love this place and the instructors! If you’re new to reformer…"
"I had done yoga at home for many years, but needed a change. Coming to a studio for yoga made such a difference in my practice. I love…"
Grocery
Top 3 within 1.5 km"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…"
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