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Gorman
3 homes for sale in Gorman right now, from $614,900 to $839,000. The middle one works out to about $3,931 a month on a mortgage — $798,800 at 10% down over 25 years.
3 homes for sale
Lowest monthly payment first.
Every home for sale in Gorman (3), newest first
- 2019 156 AVE NW$839,000 · 7 bd · 5 ba
- 2015 156 AV NW$798,800 · 4 bd · 3 ba
- 1816 155 AV NW$614,900 · 6 bd · 4 ba
What your rent could buy in Gorman
Every figure is the estimated monthly mortgage at 10% down, 4.34% over 25 years — principal and interest, before taxes and condo fees.
| If you pay | Homes at or under | Typical size | Median floor area |
|---|---|---|---|
| $3,200/mo | 1 home | 6 bed | 1,892 ft² |
What is for sale in Gorman
3 houses, and no condos, most of them 6-bedroom, at a median of $325 per square foot.
The neighbourhood itself
From the City of Edmonton's open data. Edmonton classifies it as a developing neighbourhood.
How Gorman compares
- An average assessed value of $543,362 — 35% above the median neighbourhood, which sits at $403,762
- 2 transit stops, against a median of 16
- A median lot of 313 m², against a city median of 552
City of Edmonton open data. Medians are across the 388 neighbourhoods the City publishes figures for.
Common questions about Gorman
How much do homes cost in Gorman?
The 3 homes for sale in Gorman today run from $614,900 to $839,000, with a median of $798,800.
What would my monthly payment be in Gorman?
A median-priced home in Gorman works out to about $3,931 a month — $798,800 at 10% down, 4.34% over 25 years, principal and interest. That is the figure Padster shows on every listing, so you can compare it directly with your rent.
Is Gorman realistic for a first-time buyer?
The least expensive home listed here is $614,900, about $3,026 a month. Whether that works depends on your down payment and what you pay in rent now — the figures above show what each rent level buys in Gorman.
What is Gorman like to live in?
The City records 2 transit stops, 0 parks and 0 schools in Gorman, and classifies it as a developing neighbourhood.