Condo
$225,000
3407 901 16 ST
Cold Lake North, Cold Lake5 days on market
listed by Royal Lepage Northern Lights Realty
MLS® E4513505
#209 802 12 ST
$184,900
#209 802 12 ST
Cold Lake North, Cold Lake · MLS® E4502174
221
985 sq ft · Condo · Single Family · built 2007 · 80 days on market
listed by Ryan Lefebvre, Coldwell Banker Lifestyle
realtor's description
Experience the pinnacle of carefree condo living at Marina Ridge! This 2-bedroom, 2-bathroom open-concept apartment offers a warm ambiance with in-floor heating, a spacious kitchen featuring a pantry and ample cupboard and counter space, plus the convenience of in-suite laundry—all freshly painted for a modern feel. The building is equipped with video surveillance, a cardio fitness room, heated underground parking, storage, and handicap accessibility. Condo fees cover snow removal, heat, water, and garbage removal, with plenty of additional parking available for visitors.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 985 sq ft
- parking
- 1
- year built
- 2007
- strata fee
- $557 / mo ($0.57 / sq ft)
- days on market
- 80
- MLS®
- E4502174
features
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
- Microwave
monthly cost
$1,362/mo
Mortgage $806 · Strata $557
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,320/mo
- after all costs
- −$183/mo
- cap rate
- 4.0%
- yearly net rent ÷ price
Costs: mortgage $806 · strata $557 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Cold Lake: CMHC's average there ($1,328) 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
Cold Lake North, Cold LakeGoogle Maps ↗
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