Downtown, Fort McMurray · MLS® A2349756
311
897 sq ft · Condo · Single Family · built 1972 · 21 days on market
listed by Sheila Green, COLDWELL BANKER UNITED
UPDATED | 3 BEDROOMS | AMAZING CONDITION! This may genuinely be one of the nicest units I have seen in the Towers on MacDonald Drive! Beautifully updated, exceptionally well cared for. An ideal choice for those seeking a low maintenance lifestyle in a central location, complete with the advantage of a built in income opportunity. Conveniently located downtown, close to all amenities, Miskanaw Golf Club, MacDonald Island Park, beautiful walking trails, bus routes, restaurants, medical services and so much more. A great unit for an active lifestyle! This 3 bedroom condo unit is has undergone plenty of improvements and complete with a large living room that features lots of natural light from the patio doors, galley kitchen with white cupboards, large closet, vinyl plank flooring, 1 bathroom, storage room and 1 assigned parking stall (183B) complete the package of this main floor unit. The property includes updated flooring throughout the hallways, 24 hr security, 24 hr laundry room, gym, games room, and plenty of visitor parking. Condo fees are $765.19 and include: Professional management, Common Area Maintenance, Heat, Reserve Fund Contributions, Snow Removal, Trash, Water, and Security. Call now to book your private tour!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $305 · tax $20 · strata $765 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Wood Buffalo: CMHC's average there ($2,026) raised by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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about $366 a year
The asking price times Regional Municipality of Wood Buffalo's 2026 residential rate of 5.24 per $1,000 (municipal and education).
The listing shows $241 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 61/100 · Walkable: many errands on foot
Within a 10 minute walk: 4 places to eat or drink, 2 cafes, 5 parks and playgrounds, 11 transit stops.
mihom score from OpenStreetMap places, by straight line distance.