#85 150 EDWARDS DR SW,
Edmonton, Alberta
This two-bedroom townhome in Ellerslie offers an accessible entry point into one of Edmonton's family-oriented southern communities. The single-storey layout includes two bedrooms, one bathroom, and assigned parking — a practical floor plan that appeals to first-time buyers and investors alike. Ellerslie itself is known for its proximity to schools, shopping, and playgrounds, with public transit links and quick airport access adding everyday convenience. The neighbourhood strikes a balance between suburban calm and urban connectivity, with mature pockets and newer developments woven together along tree-lined streets. At $184,900, this condominium townhome delivers low-maintenance living in a community designed for young families and professionals seeking value without sacrificing location.
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 $67/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 $67/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.
Every down-payment, mapped
| Scenario | Down | Mortgage | Monthly | Income req. | Rate · amort |
|---|---|---|---|---|---|
Min. Down + $7,026 CMHC | $9,245 | $182,681 | $985 /mo | $48,000 | 4.24% · 25 yr |
10% + $5,159 CMHC | $18,490 | $171,569 | $925 /mo | $46,000 | 4.24% · 25 yr |
15% + $4,401 CMHC | $27,735 | $161,566 | $871 /mo | $44,000 | 4.24% · 25 yr |
20% | $36,980 | $147,920 | $810 /mo | $42,000 | 4.39% · 25 yr |
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Life around Edmonton.
Mornings here might start with the aroma of spiced chai drifting from a four-minute walk to Choice of India, where the same neighbours keep showing up for good reason. When the weather turns, families gravitate to the Ellerslie Crossing splash park just down the street, where kids dart through fountains under cottonwood shade. Kadak Café, ten minutes on foot, pulls a steady crowd with strong espresso and the kind of window seats where you'll recognize faces. This corner of southwest Edmonton moves at a comfortable pace, close enough to everything without feeling like you're in the middle of it all.
Coffee
Top 3 within 1.5 km"Had a great experience at Kadak Cafe in Ellerslie! Loved that they offer 100% vegetarian food with authentic flavors and fresh…"
"Im not really a K-pop fan, but I love the atmosphere and the food. It's a really good cafe. They also have a merchandise for BTS, but I…"
"I walked in expecting it to be just another quick stop, but the experience turned out to be much better than I expected. The young woman…"
Restaurants
Top 3 within 1.5 km"We were in the area and suddenly had a craving for Indian food."
"Must try this place 😍😍 it’s awesome you will find all Indian products at a very reasonable prices and the staff too is very friendly and…"
"Stopped by Little Caesars for a quick meal and had a great experience. The pizza was hot, fresh, and ready when I arrived. The staff…"
Parks & green
Top 3 within 1.5 km"Many slides, swings and various structures. Kids love water splashes. Lots of sand. I come here and lie in the shade while the child…"
"I love coming and relaxing in this field!! There are many trees that provide shade and tons of room to let you dogs run around.…"
"Great private & peaceful lake in the town of Summerside."
Recreation
Top 1 within 1.5 kmGrocery
Top 3 within 1.5 km"I’m extremely happy to have finally found such a great Indian grocery store in my area! Store is very well organized, neat, and clean,…"
"I’m not one to create reviews however the manager, Simran Soos, is rude and unhelpful. I brought up my concerns in a kind way, providing…"
"Very disappointed with the quality. I bought a bag of onions for $16.99 on Friday, Most were spoiled, soft inside, or already rotting.…"
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