Fairmont, Lethbridge · MLS® A2351621
221
877 sq ft · Condo · Single Family · built 2016 · 12 days on market
listed by Eric Dekens, Lethbridge Real Estate.com
This beautifully maintained two-bedroom, two-bathroom condo in the sought after Fairmont 55+ community is one you've got to view in person! Whether you're a snow-bird, retiree, or someone looking to down-size and experience the comfortable, convenient lifestyle Fairmont Landing has to offer, this condo might be that perfect next step for you! This home is in excellent shape and will check off all your boxes, starting in the kitchen with its modern appliances, granite countertops, and generous cabinet storage. Your kitchen, dining room, and great room flow together wonderfully with beautifully maintained vinyl plank. And yes, there's more than enough room to fit your furniture in these spaces! The balcony off the Great Room is a perfect spot to read a book, enjoy a morning coffee, barbecue (includes gas hook-up), or entertain your guests. Because you can never have enough storage, it's important to note the storage closet off the balcony. And speaking of storage, there are plenty of generous storage-closets throughout. The primary bedroom includes a walk-in closet and an ensuite bathroom with walk-in shower. Add a second full bathroom and bedroom/den, a full laundry room, and inclusions like dimmer lights, roof fans, and upgraded blinds, and you've got a full-package home that will turn some heads! Lastly, it's important to note some of the unique extras Fairmont Landing offers - underground parking (this unit has extra space for parking and storage!), a fitness room, community hall, a newer and reliable elevator, and of course, a strong condo board with comparatively lower condo fees. Contact your favorite realtor and come take a look today!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,481 · tax $250 · strata $293 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Lethbridge: CMHC's average there ($1,593) raised by what new tenants pay against everyone in the Lethbridge area. (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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$286,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $286,000 |
| 2025 | $253,000 |
| 2024 | $229,000 |
From City of Lethbridge open data (parcels and assessments), matched to 204-173 FAIRMONT BLVD S. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $3,004 a year
The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $3,003 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.
Walkability 49/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 6 parks and playgrounds, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.