DeeAnn Hotte · MLS E4500249

2422 CASSIDY WY SW,
Edmonton, Alberta

Price$455,000
4 beds
4 baths
1,694 sqft
A note about the home

Set on a thoughtfully proportioned lot in Chappelle Area, this four-bedroom home offers room to breathe—both inside and out. The duplex configuration balances privacy with a cohesive sense of place, while four full bathrooms ensure ease for households that value comfort and independence. Three parking spaces anchor the practical side of daily life, a quiet luxury in a community that draws young families and professionals alike. Around you: schools within reach, shopping corridors that feel close but not crowded, green pockets for weekend mornings. The neighbourhood hums with the cadence of a master-planned community coming into its own—mature enough to feel settled, young enough to still surprise.

Property at a glance
Bedrooms
4
Bathrooms
4
Interior
1,694
Lot size
262.39 m2
Property type
Duplex
Parking
3
Ownership
Freehold
MLS number
E4500249
Annual taxes (est.)
$4,550
Community
Chappelle Area
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
$22,750 of $455,000
Amortization
25 years
25-year payment schedule
Rate mode
Insured rate 4.24% · Conventional 4.39% · Variable shown is approximate (insured prime − discount).
Hello Mortgage Negotiated · Below Posted Rate
What this home costs you
$2,818 /mo
Mortgage payment$2,339
Property taxes (est.)$379 /mo
Heating (est.)$100 /mo
Down payment
$22,750
Mortgage amount
$432,250
Term rate
4.24%
Amortization
25 yr
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Can you afford this home?

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Fixed vs Variable · break-even

If rates move, what wins?

Variable starts $164/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.

Today · Fixed
$2,339/mo
Locked at 4.24% for 25 years
Today · Variable
$2,176/mo
Floats at 3.55% (moves with BoC)
Break-even
+0.75%
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$0.7k$1.3k$1.9k$2.6kTodayBreak-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 +0.8% during your 5-year term. You'd save roughly $164/mo for as long as that holds.

Fixed wins if…

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.

Mortgage scenarios

Every down-payment, mapped

ScenarioDownMortgageMonthlyIncome req.Rate · amort
Min. Down
+ $17,290 CMHC
$22,750$449,540$2,424 /mo$105,0004.24% · 25 yr
10%
+ $12,695 CMHC
$45,500$422,195$2,276 /mo$100,0004.24% · 25 yr
15%
+ $10,829 CMHC
$68,250$397,579$2,143 /mo$95,0004.24% · 25 yr
20%
$91,000$364,000$1,992 /mo$89,0004.39% · 25 yr
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The neighbourhood

Life around Edmonton.

Cassidy Way sits in one of those southwest pockets where weekday rhythms fall into an easy pattern—a six-minute walk to Creekwood Park for morning dog loops along the creek paths, then over to Co-op Food Store in twelve minutes when you realize you're out of milk again. The lineup at Deccani wraps around the corner most weekends, their biryani filling the parking lot with cardamom and saffron, while Tulip Coffee House pulls the laptop crowd with its big windows and decent flat whites. It's the kind of neighbourhood where you start recognizing the same faces at the crosswalk, and errands don't feel like a production.

DeeAnn Hotte
Listed by

DeeAnn Hotte

Kic Realty
See every lender rate today — 26 Canadian lenders, one page.
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Questions buyers ask

Good question.

The home is listed at $455,000. For tailored mortgage options and pre-approval scenarios, our broker team can walk you through financing structures that align with your goals.