2422 CASSIDY WY SW,
Edmonton, Alberta
Set on a compact lot in Chappelle Area, this four-bedroom, four-bathroom home offers flexible living across two levels in a duplex configuration. The freehold ownership and double-car parking speak to practicality, while the location delivers easy access to schools, parks, playgrounds, and shopping—ingredients that define Southwest Edmonton family life. The neighbourhood itself is part of Chappelle's broader community plan, where curving streets and newer infrastructure meet open green spaces and a growing roster of amenities. At $430,000, the home positions buyers in a pocket of the city that balances suburban ease with proximity to the airport and arterial routes, making weekday commutes and weekend errands equally manageable.
Inside the home
The Payment Lab
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Rates last updated from 26 Canadian lenders.
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If rates move, what wins?
Variable starts $177/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 +1.00% is where variable becomes more expensive than today's locked fixed.
The Bank of Canada holds rates flat, cuts, or hikes less than +1.0% during your 5-year term. You'd save roughly $177/mo for as long as that holds.
BoC raises rates more than +1.0% 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 + $16,340 CMHC | $21,500 | $424,840 | $2,302 /mo | $100,000 | 4.29% · 25 yr |
10% + $11,997 CMHC | $43,000 | $398,997 | $2,162 /mo | $95,000 | 4.29% · 25 yr |
15% + $10,234 CMHC | $64,500 | $375,734 | $2,036 /mo | $90,000 | 4.29% · 25 yr |
20% | $86,000 | $344,000 | $1,892 /mo | $85,000 | 4.44% · 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.
Cassidy Way sits in the kind of neighbourhood where errands become small rituals—six minutes on foot to Creekwood Park, where the pathways loop past open grass and young families gather near the playground, or a twelve-minute walk to the Co-op Food Store in Chappelle, the kind of place where you recognize the cashiers. When you want something beyond groceries, Deccani's fragrant biryanis are eleven minutes away, perfect for a Friday night when cooking feels like too much. The rhythm here is unhurried, residential in the best sense, with enough within reach that you settle in quickly.
Coffee
Top 1 within 1.5 kmRestaurants
Top 3 within 1.5 km"We went there and had an amazing experience really appreciate the service the employee provide really polite and respectful food was…"
"Whatever lady was working at the front desk today had lied and told me they had “fresh” jalebi in the back which I was happy about…"
"We've been twice now and every dish has been great and the staff / owner really nice and willing to explain the various dishes. We've…"
Parks & green
Top 1 within 1.5 kmRecreation
Top 1 within 1.5 kmGrocery
Top 2 within 1.5 km"I ordered a birthday cake from them last week and it was one of the best experiences I have had at a bakery. Janeth was so patient and…"
"Visited the place first time and it was a pleasant experience. The place is clean & tidy, well organized shelves and didn’t have any…"
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