House
$99,500
5025 44 Street
Grimshaw59 days on market
listed by Royal LePage Valley Realty
MLS® A2340522
204, 5300 45 Avenue
$129,900
204, 5300 45 Avenue
Grimshaw · MLS® A2347675
211
733 sq ft · Condo · Single Family · built 2016 · 32 days on market
listed by Amber Marcoux, RE/MAX Northern Realty
realtor's description
Live comfortably in this well designed 2 bedroom, 1 bathroom condo built in 2016. Thoughtfully designed with an open concept kitchen dining room and living room. The kitchen features stainless steel appliances and bar style seating allowing plenty of room to accommodate guests. The private balcony is accessed from the dining room, a perfect spot to enjoy your morning or relax in the evening. In addition to the comfort of having your own furnace and hot water tank you can also enjoy the convenience of in unit laundry. This move in ready condo is available for possession on November 1st!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 733 sq ft
- parking
- 1
- year built
- 2016
- property tax
- $1,471 / yr
- strata fee
- $318 / mo ($0.43 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 32
- MLS®
- A2347675
features
- See remarks
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
- Stove
- Washer & Dryer
monthly cost
$1,007/mo
Mortgage $566 · Tax $123 · Strata $318
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,660/mo
- after all costs
- $486/mo
- cap rate
- 9.7%
- yearly net rent ÷ price
Costs: mortgage $566 · tax $123 · strata $318 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Alberta: CMHC's average there ($1,670) 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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