



Positioned in Fraser, this two-storey freehold home offers four bedrooms and three bathrooms across a thoughtfully proportioned layout. The neighbourhood appeals to families drawn to quiet residential streets within easy reach of golf courses, shopping, and schools—a practical balance of suburban calm and accessible amenity. Public transit routes nearby connect to the broader city, while the community's mature character lends a sense of established rootedness. At this price point, the home represents an opportunity for buyers seeking space and functionality in a connected pocket of northwest Edmonton, where daily life unfolds with a rhythm shaped by proximity rather than compromise.
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.
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 $243/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 $243/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.
| Scenario | Down | Mortgage | Monthly | Income req. | Rate · amort |
|---|---|---|---|---|---|
Min. Down + $25,836 CMHC | $43,990 | $671,746 | $3,621 /mo | $156,000 | 4.24% · 25 yr |
10% + $19,248 CMHC | $68,990 | $640,158 | $3,451 /mo | $150,000 | 4.24% · 25 yr |
15% + $16,420 CMHC | $103,485 | $602,835 | $3,250 /mo | $142,000 | 4.24% · 25 yr |
20% | $137,980 | $551,920 | $3,006 /mo | $133,000 | 4.34% · 25 yr |
A few questions and we'll come back with your actual buying power and the rates you actually qualify for.
Hermitage is one of those north Edmonton neighbourhoods where daily routines unfold within reach of real green space. Fraser Ravine is a six-minute walk—deep enough that you hear birdsong instead of traffic, its treed trails dropping into a natural corridor that feels removed from the grid. North Hermitage Park, thirteen minutes on foot, draws families to its open fields and playground most weekends, the kind of spot where kids ride bikes in wide loops while adults chat by the benches. It's a quietly practical part of the city, where neighbours recognize each other and errands rarely require much planning.
"Great place for walking you dog. Lots of dog owners out and about."
"This is a beautiful place for ao many activities!!! They stock the pond every year so there is fishing... There is Frisbee golf...…"






