507 ADAMS WY SW, Edmonton, Alberta T6W0H1
Sheldon Casavant · MLS E4514720

507 ADAMS WY SW,
Edmonton, Alberta

Price$667,800
4 beds
4 baths
2,245 sqft
A note about the home

This two-storey, four-bedroom home sits in Ambleside, a southwest Edmonton neighbourhood where sidewalks meet playgrounds and everyday errands unfold on foot. The property offers four bathrooms, four parking spaces, and freehold ownership—practical geometry for a household that values space and autonomy. Schools, transit, and shopping anchor the immediate surroundings, compressing the friction of daily life into a walkable radius. At $667,800, the home addresses a specific price threshold in a community built for young families and upsizers seeking suburban convenience without the commute penalty. The 424-square-metre lot provides outdoor room to breathe, while the neighbourhood's mature planning ensures you're never more than a few blocks from what you need.

Property at a glance
Bedrooms
4
Bathrooms
4
Interior
2,245
Lot size
424.34 m2
Property type
House
Parking
4
Ownership
Freehold
MLS number
E4514720
Annual taxes (est.)
$6,678
Community
Ambleside
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
$46,746 of $667,800
Amortization
25 years
25-year payment schedule
Rate mode
Insured rate 4.49% · Conventional 4.64% · Variable shown is approximate (insured prime − discount).
Hello Mortgage · Featured Rate
What this home costs you
$4,105 /mo
Mortgage payment$3,448
Property taxes (est.)$557 /mo
Heating (est.)$100 /mo
Down payment
$46,746
Mortgage amount
$621,054
Term rate
4.49%
Amortization
25 yr
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Fixed vs Variable · break-even

If rates move, what wins?

Variable starts $289/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.

Today · Fixed
$3,448/mo
Locked at 4.49% for 25 years
Today · Variable
$3,159/mo
Floats at 3.65% (moves with BoC)
Break-even
+1.00%
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$0.9k$1.9k$2.9k$3.8kTodayBreak-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 +1.0% during your 5-year term. You'd save roughly $289/mo for as long as that holds.

Fixed wins if…

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.

Mortgage scenarios

Every down-payment, mapped

ScenarioDownMortgageMonthlyIncome req.Rate · amort
Min. Down
+ $25,041 CMHC
$41,780$651,061$3,600 /mo$154,0004.49% · 25 yr
10%
+ $18,632 CMHC
$66,780$619,652$3,426 /mo$148,0004.49% · 25 yr
15%
+ $15,894 CMHC
$100,170$583,524$3,226 /mo$140,0004.49% · 25 yr
20%
$133,560$534,240$2,999 /mo$132,0004.64% · 25 yr
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The neighbourhood

Life around Edmonton.

Saturday mornings here often start with a walk to Mokha Coffee House, where the scent of fresh espresso pulls in half the neighbourhood before nine. When you need to unwind, Langdale Pond is six minutes away—ducks gliding across the water, joggers on the path, that rare kind of quiet you don't expect this close to everything. A five-minute stroll brings you to The Keg or Rob's Original Fried Chicken, depending on whether it's date night or a Tuesday. Ambleside strikes a balance between walkable convenience and the kind of calm that makes you actually want to be home.

Sheldon Casavant
Listed by

Sheldon Casavant

Century 21 Masters
See every lender rate today — 26 Canadian lenders, one page.
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Questions buyers ask

Good question.

The listed price is $667,800. This positions the home competitively within Ambleside's single-family market for buyers seeking four bedrooms and freehold ownership.