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Michaels Park
8 homes for sale in Michaels Park right now, from $129,000 to $515,000. The middle one works out to about $2,411 a month on a mortgage — $489,900 at 10% down over 25 years.
8 homes for sale
Lowest price first.
Monthly cost of owning in Michaels Park
Supporting context for budgeting: every figure is the estimated monthly mortgage at 10% down, 4.34% over 25 years — principal and interest, before taxes and condo fees.
| Monthly budget | Homes at or under | Typical size | Median floor area |
|---|---|---|---|
| $1,200/mo | 2 homes | 2 bed | 886 ft² |
| $1,500/mo | 3 homes | 2 bed | 886 ft² |
| $1,800/mo | 3 homes | 2 bed | 886 ft² |
| $2,200/mo | 4 homes | 3 bed | 1,035 ft² |
| $2,600/mo | 8 homes | 4 bed | 1,266 ft² |
| $3,200/mo | 8 homes | 4 bed | 1,266 ft² |
What is for sale in Michaels Park
5 houses and 3 condos and townhouses, most of them 4-bedroom, at a median of $290 per square foot.
The neighbourhood itself
From the City of Edmonton's open data. Edmonton classifies it as a redeveloping neighbourhood.
How Michaels Park compares
- An average assessed value of $315,807 — 21% below the median neighbourhood, which sits at $400,540
- 20 transit stops, against a median of 16
- 2 parks, against a median of 3
- About 2,120 people live here
- A median lot of 590 m², against a city median of 557
City of Edmonton open data. Medians are across the 385 neighbourhoods the City publishes figures for.
Common questions about Michaels Park
How much do homes cost in Michaels Park?
The 8 homes for sale in Michaels Park today run from $129,000 to $515,000, with a median of $489,900.
What would my monthly payment be in Michaels Park?
A median-priced home in Michaels Park works out to about $2,411 a month — $489,900 at 10% down, 4.34% over 25 years, principal and interest — so you can budget the carrying cost before you write an offer.
What is the least expensive home in Michaels Park right now?
The least expensive home listed here is $129,000, and the table above shows how the rest of the inventory spreads across monthly budgets.
What is Michaels Park like to live in?
The City records 20 transit stops, 2 parks and 0 schools in Michaels Park, and classifies it as a redeveloping neighbourhood.