Strathmore Lakes Estates, Strathmore · MLS® A2295336
112
760 sq ft · Condo · Single Family · built 2009 · 218 days on market
listed by Tracey Luking, RE/MAX Complete Realty
Welcome to this stylish ONE BEDROOM condo in the highly sought-after Savana! Designed with MODERN COLOURS and finishes throughout, this home offers a spacious open-concept layout perfect for comfortable living. The private MASTER SUITE features a WALK-THROUGH CLOSET leading to a beautifully appointed ENSUITE, creating a functional and relaxing retreat. You’ll love the elegant GRANITE COUNTERTOPS, cozy CORNER STONE FIREPLACE, and year-round comfort of IN-FLOOR HEATING. Step out onto your LOVELY BALCONY for fresh air and relaxation. This unit also comes with TWO TITLED PARKING STALLS—one in the secure HEATED UNDERGROUND PARKADE and one above ground—adding incredible convenience and value. Even better, the CONDOMINIUM CORPORATION is in AMAZING FINANCIAL SHAPE, and it has just been announced there will be NO CONDO FEE INCREASES for the 2025/2026 FISCAL YEAR. Perfect for first-time buyers, investors, or anyone looking to downsize in comfort and style!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,045 · tax $139 · strata $537 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Strathmore: CMHC's average there ($1,283) 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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about $1,972 a year
The asking price times Strathmore's 2026 residential rate of 8.22 per $1,000 (municipal and education).
The listing shows $1,667 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.
Walkability 30/100 · Mostly by car
Within a 10 minute walk: 7 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.