208, 4501 51 Street

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$99,900

208, 4501 51 Street

Linsford Park, Leduc · MLS® A2311656

111

706 sq ft · Condo · Single Family · built 1972 · 159 days on market

listed by Lucas Banack, RE/MAX Real Estate (Edmonton) Ltd.

realtor's description

Welcome to Madison Arms in central Leduc. This one bed, one bath condo features 706 square feet of living space. Located near Linsford Park School, Leduc Public Library and the Leduc Spray Park, this centrally located condo is in a bustling area with plenty of amenities. The condo sits on the second floor with a west facing view off the spacious balcony. The galley kitchen features plenty of cupboard and counter space with a cute dining area. A great feature of the home is the cavernous living room. The home is complete with a large primary bedroom, four-piece bath and a small storage room perfect for an apartment sized freezer or pantry. Affordably priced and in a wonderful location, this condo would make for a great starter home or investment property!

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 706 sq ft
parking: 1
year built: 1972
property tax: $911 / yr
strata fee: $486 / mo ($0.69 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 159
MLS®: A2311656

features

No Animal Home
Parking
Pets Allowed With Restrictions
Refrigerator
Stove

property tax

about $939 a year

The asking price times Leduc's 2026 residential rate of 9.40 per $1,000 (municipal and education).

The listing shows $911 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

$997/mo

Mortgage $435 · Tax $76 · Strata $486

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

estimated payment

$435/ monthly

loan $79,920

25-year amortization

down payment20% · $19,98020%+ 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: $50,656
land title fees: $280; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $20,260; down + land title fees
total paid: $130,576

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.