303, 9508 99 Street

Lac La Biche · MLS® A2340672

211

943 sq ft · Condo · Single Family · built 2007 · 58 days on market

listed by SUZANNE ANDERSON, RE/MAX Connect

realtor's description

Fantastic 2 bedroom condo located at Willow Creek Mano is perfect for the savvy buyer! This 2 Bedroom, 1 Bath Condo with in suite laundry and tenant in place. This is a quiet, secure, building with assigned parking with plug in. Close to college, hospital and schools. Perfect for the professional, student, first time home buyer, retiree or as an investment property. A Must See! Call to view today! 24-48 hour notice required for all showings.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 943 sq ft
parking: 1
year built: 2007
property tax: $947 / yr
strata fee: $500 / mo ($0.53 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 58
MLS®: A2340672

features

See remarks
Parking
Lake Privileges
Pets Allowed With Restrictions
See remarks

property tax

about $868 a year

The asking price times Lac La Biche County's 2026 residential rate of 6.34 per $1,000 (municipal and education).

The listing shows $947 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

$1,176/mo

Mortgage $597 · Tax $79 · Strata $500

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

estimated payment

$597/ monthly

loan $109,600

25-year amortization

down payment20% · $27,40020%+ 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: $69,469
land title fees: $350; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $27,750; down + land title fees
total paid: $179,069

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: $1,660/mo
after all costs: $316/mo
cap rate: 8.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $597 · tax $79 · strata $500 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Alberta: CMHC's average there ($1,670) 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