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How Much Home Can You Afford in Edmonton?

Edmonton is one of the most affordable big cities in Canada, with no land transfer tax and entry prices well below the national average.

Average price is a 2026 estimate for illustration · Last updated: May 2026

Your Finances
Enter your household income and down payment

Estimated Edmonton property tax: $323/mo on the average home. Stress-tested at 6.49%.

What You Can Afford
In Edmonton, AB

Maximum purchase price

$752,626
Maximum mortgage$652,626
Edmonton average home$450,000
Payment on average home$1,943/mo
Land transfer tax (avg home)$500

Buying in Edmonton: What to Know

1

No land transfer tax.

2

Among the most affordable major markets.

3

Higher property tax rate than Calgary.

Buying a Home in Edmonton: A Closer Look

Edmonton is among the most affordable major cities in Canada, with entry prices well below the national average and, like all of Alberta, no land transfer tax — just modest title and registration fees at closing. That makes the cash needed to get into the market noticeably lower than in comparable Ontario or BC cities.

The trade-off to watch is property tax: Edmonton's municipal rate is higher than Calgary's, which adds to the monthly carrying cost the affordability calculator above accounts for. Detached homes remain realistic for many first-time buyers here, particularly in the newer suburbs, while condos near downtown and the university offer lower entry points. Enter your figures above to see how Edmonton's low prices and zero LTT translate into your maximum purchase.

Average Home Price
$450,000

2026 estimate

Property Tax Rate
0.86%

≈ $3,870/yr

Land Transfer Tax
$500

On the average home

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