Timberlea, Fort McMurray · MLS® A2348981
322
1,042 sq ft · Townhouse · Single Family · built 2002 · 25 days on market
listed by JOELLE FRASER-MCGAGHEY, People 1st Realty
Affordable living in the heart of Timberlea! Tucked away in the corner of Dorion Village, the covered deck welcomes you home to unit 17! Inside the bright living room is the perfect place to hang out with your family and friends. Just off the living room is the eat-in kitchen with bright white cabinets and corner pantry. Also located on this level is the 2 piece bathroom. Upstairs are 3 good sized bedrooms including the primary bedroom with a large walk in closet. In the basement there is one finished room, with a closet - perfect for an office, play room or family room. Why rent when you can own?
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $871 · tax $73 · strata $438 · insurance ~$175 · 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 $1,048 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 $881 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 56/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 grocery store, 3 places to eat or drink, 12 parks and playgrounds, 3 schools.
mihom score from OpenStreetMap places, by straight line distance.