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Summerlea
4 homes for sale in Summerlea right now, from $180,000 to $429,000. The middle one works out to about $1,024 a month on a mortgage — $208,000 at 10% down over 25 years.
4 homes for sale
Lowest price first.
Monthly cost of owning in Summerlea
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 | 3 homes | 2 bed | 985 ft² |
| $1,500/mo | 3 homes | 2 bed | 985 ft² |
| $1,800/mo | 3 homes | 2 bed | 985 ft² |
| $2,200/mo | 4 homes | 2 bed | 995 ft² |
| $2,600/mo | 4 homes | 2 bed | 995 ft² |
| $3,200/mo | 4 homes | 2 bed | 995 ft² |
What is for sale in Summerlea
1 house and 3 condos and townhouses, most of them 2-bedroom, at a median of $218 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 $400,540
- 17 transit stops, about the city median
- 3 parks, about the city median
- About 2,000 people live here
- A median lot of 543 m², against a city median of 552
City of Edmonton open data. Medians are across the 387 neighbourhoods the City publishes figures for.
Common questions about Summerlea
How much do homes cost in Summerlea?
The 4 homes for sale in Summerlea today run from $180,000 to $429,000, with a median of $208,000.
What would my monthly payment be in Summerlea?
A median-priced home in Summerlea works out to about $1,024 a month — $208,000 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 Summerlea right now?
The least expensive home listed here is $180,000, and the table above shows how the rest of the inventory spreads across monthly budgets.
What is Summerlea like to live in?
The City records 17 transit stops, 3 parks and 0 schools in Summerlea, and classifies it as a redeveloping neighbourhood.