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Summerlea
2 homes for sale in Summerlea right now, from $160,000 to $415,000. The middle one works out to about $2,042 a month on a mortgage — $415,000 at 10% down over 25 years.
2 homes for sale
Lowest monthly payment first.
Every home for sale in Summerlea (2), newest first
- #21 9375 172 ST NW$415,000 · 2 bd · 2 ba
- #213 17151 94A AV NW$160,000 · 2 bd · 2 ba
What your rent could buy in Summerlea
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 |
|---|---|---|---|
| $1,200/mo | 1 home | 2 bed | 933 ft² |
| $1,500/mo | 1 home | 2 bed | 933 ft² |
| $1,800/mo | 1 home | 2 bed | 933 ft² |
| $2,200/mo | 2 homes | 2 bed | 1,268 ft² |
| $2,600/mo | 2 homes | 2 bed | 1,268 ft² |
| $3,200/mo | 2 homes | 2 bed | 1,268 ft² |
What is for sale in Summerlea
1 house and 1 condo or townhouse, most of them 2-bedroom, at a median of $327 per square foot.
The neighbourhood itself
From the City of Edmonton's open data. Edmonton classifies it as a redeveloping neighbourhood.
Schools and parks in Summerlea
Parks
- West Meadowlark Park 1 — pocket park
- Summerlea Park 1 — pocket park
City of Edmonton open data. Assigned to the nearest neighbourhood centre, so a site on a boundary may appear under either.
How Summerlea compares
- An average assessed value of $289,352 — 28% below the median neighbourhood, which sits at $403,762
- 15 transit stops, about the city median
- 3 parks, about the city median
- About 2,000 people live here
- A median lot of 523 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 Summerlea
How much do homes cost in Summerlea?
The 2 homes for sale in Summerlea today run from $160,000 to $415,000, with a median of $415,000.
What would my monthly payment be in Summerlea?
A median-priced home in Summerlea works out to about $2,042 a month — $415,000 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 Summerlea realistic for a first-time buyer?
The least expensive home listed here is $160,000, about $787 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 Summerlea.
What is Summerlea like to live in?
The City records 15 transit stops, 3 parks and 0 schools in Summerlea, and classifies it as a redeveloping neighbourhood.