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mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

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205, 499B Meadow Lake Court E
homes for sale · Brooks · Meadowbrook
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$289,195

205, 499B Meadow Lake Court E

Meadowbrook, Brooks · MLS® A2294820

111

837 sq ft · Condo · Single Family · built 2025 · 212 days on market

listed by Line Zuniga, MaxWell Capital Realty - Brooks

realtor's description

PRE-SELLING – Welcome to Meadow Brook Heights—Brooks’ newest adult living community offering modern comfort, quality construction, and low-maintenance living. Located on the east side near Meadow Lake, this beautifully designed condo combines style and convenience in a secure, thoughtfully planned development. This well-appointed unit features 9-foot ceilings, a bright open-concept layout, and premium finishes throughout. The kitchen is designed for both function and style with quartz countertops, a large island with power and pendant lighting, and built-in appliances including a microwave and dishwasher. Luxury vinyl plank flooring flows through the main living areas, with cozy carpet in the bedrooms. Enjoy the comfort of split air conditioning, a walk-in shower, comfort-height toilets, and added convenience with a water line to the fridge. Step outside to your private balcony complete with a natural gas BBQ hookup and access to your own storage room. This unit also includes a heated indoor parking stall, providing year-round comfort and security. Designed for easy living, condo fees include heat, water, sewer, garbage collection, building insurance, reserve fund contributions, snow removal, and grounds maintenance—making this an ideal lock-and-leave lifestyle. Construction is underway with a proposed completion in December 2026. Please note: photos are from a show suite and may not reflect final finishes. RMS measurements are based on builder plans.

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
837 sq ft
parking
1
year built
2025
strata fee
$261 / mo ($0.31 / sq ft)
strata rules
Pets Allowed
days on market
212
MLS®
A2294820

features

  • Elevator
  • PVC window
  • Parking
  • Lake Privileges
  • Pets Allowed
  • Dishwasher

monthly cost

$1,521/mo
Mortgage $1,260 · Strata $261

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

estimated payment
$1,260/ monthly
loan $231,356
25-year amortization
total interest
$146,642
land title fees
$625
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$58,464
down + land title fees
total paid
$377,998

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
$1,170/mo
after all costs
−$480/mo
cap rate
3.2%
yearly net rent ÷ price

Costs: mortgage $1,260 · strata $261 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Brooks: CMHC's average there ($1,176) 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

location

Meadowbrook, BrooksGoogle Maps ↗

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listed by
Line Zuniga
MaxWell Capital Realty - Brooks
call Line · 403-793-0276
Powered by: REALTOR.ca

similar homes nearby

property tax

about $3,225 a year

The asking price times Brooks's 2026 residential rate of 11.15 per $1,000 (municipal and education).

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.

location

Meadowbrook, BrooksGoogle Maps ↗
Drive times
  • École Le Ruisseau2 min
  • Medicine Hat College - Brooks Campus5 min
  • Brooks Health Centre6 min
  • St Joseph's Collegiate6 min
  • Brooks Junior High7 min
33

Walkability 33/100 · Mostly by car

Within a 10 minute walk: 1 place to eat or drink, 13 parks and playgrounds, 1 school.

mihom score from OpenStreetMap places, by straight line distance.

321 20 Street E, Brooks
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321 20 Street E
Meadowbrook, Brooks29 days on market
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3221,387 sq ft
MLS® A2347880
347 17 Street E, Brooks
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Townhouse
$320,000
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347 17 Street E
Meadowbrook, Brooks41 days on market
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442
201, 499B Meadow Lake Court  E, Brooks
201, 499B Meadow Lake Court  E, Brooks, photo 2
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Condo
$279,699
4methe deep dive
201, 499B Meadow Lake Court E
Meadowbrook, Brooks212 days on market
listed by MaxWell Capital Realty - Brooks
11
1,288 sq ft
MLS® A2344870
1
785 sq ft
MLS® A2294832