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Southwest Edmonton Rental Property Numbers
This page gives Southwest Edmonton investors the purchase-side numbers to start a rental analysis: what condos and townhouses actually sold for in busy southwest communities, and which costs to plug in. For the cash flow math itself, use the investment property calculator on HauptRealty.com; this page does not repeat it.
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Southwest condo apartments: what they sold for
| Community | Sales, 12 months | Median sold | Median $ per sq ft | Active, Nov 8 |
|---|---|---|---|---|
| Rutherford | 68 | $215,750 | 234 | 29 |
| South Terwillegar | 63 | $190,000 | 221 | 34 |
| MacEwan | 49 | $170,000 | 215 | 26 |
| Ambleside | 62 | $220,000 | 271 | 45 |
| Windermere | 52 | $195,000 | 257 | 31 |
| Ermineskin | 40 | $257,500 | 288 | 15 |
| Blackmud Creek | 17 | $214,500 | 221 | 6 |
Southwest townhouses: what they sold for
| Community | Sales, 12 months | Median sold | Median $ per sq ft | Active, Nov 8 |
|---|---|---|---|---|
| Rutherford | 48 | $332,500 | 249 | 9 |
| South Terwillegar | 51 | $335,000 | 271 | 12 |
| The Hamptons | 41 | $299,900 | 256 | 13 |
| Chappelle Gardens | 39 | $316,000 | 255 | 10 |
| Callaghan | 27 | $340,000 | 218 | 6 |
| Skyrattler | 31 | $190,000 | 192 | 13 |
Source: REALTORS® Association of Edmonton MLS® System, Nov 1, 2025 to Oct 31, 2026 (closed sales) and Nov 8, 2026 (active listings). Townhouse figures include condo townhouses and bare-land condos.
Across the whole southwest, 641 condo apartments sold at an average of $212,000 and 573 townhouses at an average of $334,000 over the year. Those are purchase prices, not values, so use them to sanity check an asking price rather than as the price you will pay.
Inputs to gather before you run the numbers
- Rent: pull current asking rents for the same building or block, and check CMHC's rental market report for Edmonton to see the trend. We do not publish a rent figure here because it changes faster than sale prices.
- Condo fees: get the exact monthly fee and the last two years of budgets. Southwest buildings from the 2000s and 2010s may be approaching roof, window or elevator work, so read the reserve fund study.
- Property tax: use the City of Edmonton assessment for the unit and the current mill rate.
- Insurance and vacancy: get a landlord insurance quote and allow for at least one month of vacancy a year in your model.
- Bylaws: confirm the condo bylaws allow rentals and whether they cap the number of rented units or require a deposit.
Suites and houses as rentals
Some southwest investors prefer a house with a secondary suite. The City allows a secondary suite inside a single, semi-detached or row house, built to the provincial suite standards with a development and building permit. A legal suite changes both the rent and the resale market, so ask for the permits before you count suite rent in the calculator.
Landlord rules in Alberta
Alberta's residential tenancy rules set notice periods, deposit limits and inspection requirements. Read them before you write a lease, or ask a property manager to run the tenancy for you; our home service directory lists the one our team works with, with a disclosure.
How the team helps southwest investors
The team pulls the recent sales and current listings in the building you are considering, flags any special assessments in the condo documents, and shows you comparable rentals. Then you plug the numbers into the calculator and decide.
Sources: CMHC rental market reports, Alberta residential tenancies, City secondary suites, City of Edmonton property assessment data.
Questions about rental property in southwest Edmonton?
Contact the Haupt Phaneuf Real Estate Team, eXp Realty, at 780-993-8574.
Investor questions from the southwest
What do condos sell for in Southwest Edmonton?
Southwest condo apartments averaged $212,000 across 641 sales over the last 12 months on our MLS System. Medians by community are in the table.
Where do I calculate rental cash flow?
Use the investment property calculator on HauptRealty.com. Bring the purchase price, condo fee, property tax, rent and financing terms.
Can I rent out a condo in any southwest building?
Only if the bylaws allow it. Some buildings limit rentals or require a deposit, so read the bylaws before you buy.
Does the team help investors in the southwest?
Yes. Call the team at 780-993-8574 to review a building or a suite home.
Contact the team
The Haupt Phaneuf Real Estate Team is brokered by eXp Realty. Mathew Haupt and Dane Phaneuf lead the team's work in southwest Edmonton, and the team's main site, HauptRealty.com, carries the full listing search. Call the team directly at 780-993-8574.