Downtown, Fort McMurray · MLS® A2345061
211
654 sq ft · Condo · Single Family · built 1972 · 40 days on market
listed by CINDY SCANTLAND, ROYAL LEPAGE BENCHMARK
Great Investment property! Tenant in place with a month-to-month lease. These MacDonald Drive apartments are soundproof concrete buildings. This Bright and well-maintained 2-bedroom, 1-bathroom apartment offers comfortable and functional living. This inviting unit features a spacious living room with large windows that bring in plenty of natural light, complemented by carpet flooring and neutral tones throughout. The kitchen is practical and in good condition, providing good storage and workspace. The primary bedroom is large and has laminate flooring. The second bedroom still has the carpet, but it's cozy on your feet! The full bathroom is clean and well-kept. Enjoy a warm, welcoming atmosphere in this move-in-ready home—ideal for first-time buyers, downsizers, or investors. Call today to view.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $251 · tax $19 · strata $626 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Wood Buffalo: CMHC's average there ($1,457) 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
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about $301 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 $231 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 59/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 4 places to eat or drink, 2 cafes, 3 parks and playgrounds, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
