New2 bd2+1 ba1,195 ft²$251/ft²
#137 1804 70 St SW SW
E4506352 · Courtesy of KIC Realty
REALTOR.caSoutheast Edmonton · Neighbourhood profile
Southeast Edmonton's lake community — with a private beach, and a mandatory fee registered on your title.
Median assessed
$519,000
4,945 residential properties
Vs. Edmonton
+21.7%
city median $426,500
Est. 2026 property tax
$5,379
10.3637 per $1,000 assessed
Population
16,760
2021 Census
Live MLS® listings, newest first.
New2 bd2+1 ba1,195 ft²$251/ft²
E4506352 · Courtesy of KIC Realty
REALTOR.ca
New3 bd2+1 ba1,210 ft²$321/ft²
E4506339 · Courtesy of Royal LePage Noralta Real Estate
REALTOR.ca
New3 bd2+1 ba1,998 ft²$263/ft²
E4506310 · Courtesy of Exp Realty
REALTOR.ca
New3 bd2+1 ba1,278 ft²$246/ft²
E4506261 · Courtesy of Century 21 Masters
REALTOR.ca
New3 bd1+1 ba1,207 ft²$239/ft²
E4506206 · Courtesy of Rimrock Real Estate
REALTOR.ca
New5 bd3 ba2,605 ft²$282/ft²
E4506112 · Courtesy of Rimrock Real Estate
REALTOR.caMLS® listing content on this page is made available under our Terms of Use.
Christopher Peel · REALTOR®
MaxWell® Polaris
This website is operated by Christopher Peel, REALTOR®, of MaxWell Polaris, Edmonton, Alberta — the brokerage responsible for this website.

The listing data above is provided under copyright by the Canadian Real Estate Association (CREA). The listing data is deemed reliable but is not guaranteed accurate by CREA nor BestYEGHomes.
Listing information last updated on August 31, 2026 at 10:20 p.m. MT.
Summerside is built around a private lake with a real beach, and that is not a small thing in a landlocked prairie city. Residents swim in summer and skate in winter, and the community identity that grew around it is genuine. Homes are family-sized and post-2004. People who live here tend to like it a lot.
Before you fall for it, understand what the lake actually is. Access does not come with the postcode. It is a membership in the residents association, it is required for the homes inside it, and it is locked to your title by a charge registered against the property. Some homes in the wider community sit outside that boundary and get no lake access at all. Check which side of the line a listing is on before you make an offer.
The place
The lake sets the rhythm of the year. Eight acres with a beach and swim area, a clubhouse, and trails around it. Community events cluster there, and the residents association that runs it is a real presence in a way most Edmonton community leagues are not. That is a plus if you want a neighbourhood with organised social life, and a consideration if you would rather not be a member of anything.
Everything else is southeast suburban and works well. The Meadows Recreation Centre covers the indoor half of the year. Retail has filled in along the Ellerslie Road corridor, and Mill Woods Town Centre is close for anything bigger. Ellerslie Road and Anthony Henday Drive carry the commute, and ETS runs buses, with the southeast LRT extension a future rather than a current fact.
The neighbourhood is finished. The assessment roll stopped growing years ago and barely a residential-construction permit has been filed since. That means no construction next door and no new-build competition when you sell — but also that what you see is what Summerside will be.
What stands out
The price band
Summerside’s median residential assessment sits at $519,000 — 21.7% above the Edmonton median of $426,500. Here is how that compares with the neighbourhoods right next door, which is the comparison that actually shapes what you can buy for your money.
One caution on reading this chart: each bar is a median across every residential property in that neighbourhood, houses and apartment condos together. An area with a lot of condo stock reads lower here — not because its houses are cheaper, but because the mix is different.
Source: City of Edmonton Open Data, property assessments (q7d6-ambg) — 2026 assessment and tax year · development permits to May 6, 2025. Residential properties assessed at $100,000 or more, which excludes parking stalls, storage units and vacant land. Assessed values are the City’s valuations for tax purposes, not sale prices.
Inside the range
The City records whether a property has a garage. That is a rough stand-in for the detached-house stock and nothing more — plenty of houses have no garage, and the flag says nothing about building type.
The longer view
+22.4% in the median between 2015 and 2026, while the roll gained 608 properties.
Source: City of Edmonton Open Data, historical property assessments (qi6a-xuwt). Residential parcels assessed at $100,000 or more. The most recent year comes from the current assessment roll (q7d6-ambg), which classifies properties slightly differently — close enough to compare, not the same query.
Worth knowing
Summerside is one of the cleanest price histories in Edmonton, and the reason is that it stopped changing. Once a neighbourhood is built out, the set of homes being measured stays the same from year to year. So when the median moves, the market moved. Nothing was added at the top of the range to drag the middle up.
That makes the table above unusually readable. There is a real decline in it, and then a real recovery — not an artefact of new construction joining the roll. Compare that with a still-growing neighbourhood, where a rising median can mean nothing more than that bigger houses keep getting built. Same chart, completely different reliability.
The practical version. Built-out neighbourhoods give you honest history and no new-build competition on resale. Growing ones give you flattering history and a showhome down the street to compete with. Neither is better; they are different instruments, and knowing which one you are reading is most of the skill.
On the ground
1 residential-construction permit has been filed here since January 1, 2024, in a neighbourhood the City classifies as developing.
Source: City of Edmonton Open Data, development permits (q4gd-6q9r), residential-construction permits only. Most recent in this set: May 6, 2025.
Recently filed
8936 - 20 AVENUE SW
** To construct a Residential Use building in the form of a Single Detached House with a front attached Garage, Basement development (NOT to be used as an additional Dwelling), covered deck, fireplace and walkout Basement.
Permit dated May 6, 2025 · Approved
A development permit is an application to build, and its status is the City’s — approved, in progress, or under appeal. None of them is a finished building, and not every one gets built. They are the earliest public signal of what a block is becoming.
The carrying cost
Edmonton sets one residential tax rate for the whole city, so Summerside has no rate of its own — your bill is that rate applied to your own assessed value. At the 2026 rate of 10.3637 per $1,000 of assessment, a home at Summerside’s median of $519,000 would carry about $5,379 a year — roughly $448 a month. The rate splits into 7.7419 municipal and 2.6218 provincial education.
Your own bill will differ, because your assessment will. If it looks wrong, it can be challenged — our Edmonton property tax guide walks through how the bill is built, and how to appeal an Edmonton property assessment covers the complaint process and its deadlines.
Source: City of Edmonton Open Data, tax rates (pwis-wc4c), 2026 residential rate, applied to the median assessment above. An estimate for the median property, not a bill for any specific one.
The honest read
What works
A lake you can actually swim in
Eight acres with a beach and swim area, skating in winter, and a clubhouse. Very few Edmonton neighbourhoods offer water you are allowed to get into.
The neighbourhood is finished
No construction next door, no showhome competing with your resale, and a price history you can actually trust because the set of homes stopped changing.
Real community infrastructure
The residents association runs facilities and events, and The Meadows Recreation Centre is close. Organised community life here is more than a Facebook group.
The tradeoffs
The lake fee is mandatory and sits on your title
Membership in the residents association comes with the house, locked in by a charge registered on the title. In 2025 the annual dues ran about $453 for a standard lot, $634 for lake access and $1,087 for lakefront, plus GST, and they rise with inflation each year. Verify the current figure and your property's category with the association before you write an offer.
Not every Summerside home has lake access
Some properties in the wider community fall outside the association boundary and get none of it. A listing can say Summerside and still mean no beach. This is the single most important thing to confirm here.
You will need a car
Bus service exists and the southeast LRT extension is a plan, not a station. Commuting from here is a drive, and that belongs in your budget.
What you see is what it will be
Built out cuts both ways. There is no upside from the neighbourhood improving around you, and no new amenity phase coming to lift it.
Around the neighbourhood
Verify current catchments with the school boards — boundaries change.
Bus service via ETS, proximity to future SE LRT extension, Ellerslie Road and Anthony Henday access
On the market
See homes for sale in Summerside→
Live MLS® listings, updated daily from the REALTOR.ca data feed — photos, prices, and full property details.
MLS® prices, sales, and trends for this area are free with an account.
Good to know
The public measure is the City's assessment roll, shown above with the city median and nearby neighbourhoods for context. Assessed value is a tax figure, not a sale price. For actual selling prices, MLS® pricing for the area is free with a BestYEGHomes account.
It is an annual residents association fee that comes with the property, not an optional membership, and it is secured by an encumbrance on title. In 2025 dues were roughly $453 for a standard lot, $634 for lake access and $1,087 for lakefront, plus GST, rising annually with inflation. Confirm the current amount and your category directly with the Summerside Residents Association.
No. Only homes inside the association boundary can use the lake and the clubhouse, and some homes in the wider community sit outside it. Confirm a specific address before assuming access.
It suits families who will use the lake and want a finished neighbourhood with no construction around them. It suits you less if you do not want a mandatory association fee, or if you need a transit commute. The pros and cons above lay out both sides.
Current MLS® listings for the area are on our listings pages, updated daily from the REALTOR.ca data feed, and linked at the top of this page.
No. The assessment roll stopped growing years ago and almost no residential-construction permits have been filed recently. That is why its price history is more trustworthy than a growing neighbourhood's.
n/a = fewer than 5 sales; CREA suppresses price data to protect privacy. 0 sales = no transactions recorded for that property type/area this period. Low-volume months (especially January) will show more gaps.
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