#201, 9810 94 Street

Downtown, Peace River · MLS® A1054830

111

640 sq ft · Condo · Single Family · built 2006 · 2,140 days on market

listed by Dianne Lavoie, Royal LePage Valley Realty

realtor's description

This beautiful 1 bedroom, 1 bathroom condo offers convenience and affordability in the heart of Peace River. Enjoy river walks on the paved trails just outside your door. Just steps away from Riverfront Park and within a few blocks from main street. The building has an elevator for ease and comfort. Unit features a balcony with natural gas hood up for your barbecue, in-suite laundry with stackable washer and dryer. Comes with titled parking stall in a heated underground garage.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 640 sq ft
parking: 1
year built: 2006
property tax: $2,062 / yr
strata fee: $379 / mo ($0.59 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 2,140
MLS®: A1054830

features

See remarks
Elevator
Pets Allowed With Restrictions
Refrigerator
Dishwasher
Stove

property tax

about $2,074 a year

The asking price times Peace River's 2026 residential rate of 13.47 per $1,000 (municipal and education).

The listing shows $2,062 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.

monthly cost

$1,222/mo

Mortgage $671 · Tax $172 · Strata $379

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$671/ monthly

loan $123,200

25-year amortization

down payment20% · $30,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $78,089
land title fees: $380; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $31,180; down + land title fees
total paid: $201,289

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,390/mo
after all costs: $22/mo
cap rate: 5.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $671 · tax $172 · strata $379 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Alberta: CMHC's average there ($1,402) lowered 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