206, 3007 57A Avenue

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$134,900

206, 3007 57A Avenue

Steele Heights, Lloydminster · MLS® A2316455

211

804 sq ft · Condo · Single Family · built 1985 · 141 days on market

listed by Liz Papp, MAC'S REALTY LTD.

realtor's description

This two bedroom unit is perfect for the first time home buyer or investor! Located in Tuxedo Place Condominiums. Its had some upgrades. The wood fireplace is only for decoration. The unit is currently tenant occupied and tenant's rights apply. There is a park nearby and Bud Miller Park is a short distance to walk. This second floor unit won't last long.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 804 sq ft
parking: 1
year built: 1985
property tax: $1,149 / yr
strata fee: $394 / mo ($0.49 / sq ft)
strata rules: Pets not Allowed
days on market: 141
MLS®: A2316455

buying in a building from 1982 to 2000: what to read first

features

See remarks
PVC window
No Animal Home
Parking
Pets not Allowed
Washer

property tax

about $1,384 a year

The asking price times Lloydminster's 2026 residential rate of 10.26 per $1,000 (municipal and education).

The listing shows $1,149 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

$1,077/mo

Mortgage $588 · Tax $96 · Strata $394

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

estimated payment

$588/ monthly

loan $107,920

25-year amortization

down payment20% · $26,98020%+ 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: $68,404
land title fees: $345; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $27,325; down + land title fees
total paid: $176,324

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: $1,290/mo
after all costs: $75/mo
cap rate: 5.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $588 · tax $96 · strata $394 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Lloydminster: CMHC's average there ($1,301) 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