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1941 CHAPMAN RD SW
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Edmonton · Single Family · under $500,000 · 2+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to this fully finished 4-level split half duplex in the desirable community of Chappelle. Offering over three levels of functional living space plus a finished basement, this home features 3 bedrooms, 3.5 bathrooms, a bonus room, and a single attached garage. The open-concept main floor features a spacious kitchen with a large island, ample cabinetry and counter space, a gas stove, stainless steel appliances, and a dining area overlooking the bright living room with a gas fireplace. The private primary suite occupies its own level and includes a walk-in closet and 3-piece ensuite. Upstairs you'll find two additional bedrooms, a full bathroom, laundry, and a versatile bonus room. The finished basement provides additional living space with another full bathroom, making it ideal for a family room, recreation area, or home office. Enjoy the south-facing, fully fenced backyard with a two-tier deck, Close to schools, parks, shopping, walking trails, transit, and community amenities. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Recreation room | 7.52 × 5.8 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 3.22 × 5.68 meters | |
| Dining room | 3.07 × 2.58 meters | |
| Kitchen | 3.61 × 3.21 meters | |
| Pantry | — |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 4.76 × 3.37 meters | |
| Bedroom 2 | 5.14 × 2.74 meters | |
| Bedroom 3 | 4.01 × 2.95 meters | |
| Bonus Room | 3.52 × 4.63 meters | |
| Laundry room | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
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Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-5.24%
Cap rate
3.82%
GRM
15.6
Break-even rent
$2,813
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 3, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.