



A three-storey townhome in River's Edge, where quiet residential streets meet the practical appeal of nearby schools and green space. This freehold property offers three bedrooms and three bathrooms across its vertical layout, with tandem parking for two vehicles. The neighbourhood strikes a balance between suburban calm and accessibility—playgrounds are close by, and the airport's proximity makes travel straightforward. At $344,900, it's positioned for buyers seeking entry into northwest Edmonton's newer communities without stretching into detached-home territory. River's Edge itself feels intentionally planned, with wide sidewalks and young trees that will mature alongside the families who settle here.
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Rates last updated from 26 Canadian lenders.
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Variable starts $124/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 $124/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 + $13,106 CMHC | $17,245 | $340,761 | $1,837 /mo | $81,000 | 4.24% · 25 yr |
10% + $9,623 CMHC | $34,490 | $320,033 | $1,725 /mo | $76,000 | 4.24% · 25 yr |
15% + $8,209 CMHC | $51,735 | $301,374 | $1,625 /mo | $73,000 | 4.24% · 25 yr |
20% | $68,980 | $275,920 | $1,510 /mo | $68,000 | 4.39% · 25 yr |
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