Timberlea, Fort McMurray · MLS® A2344990
242
1,545 sq ft · Townhouse · Single Family · built 2007 · 41 days on market
listed by KATE ARNOLD, COLDWELL BANKER UNITED
Welcome to 307-104 Loutit Road. This renovated 1,544 sq. ft. corner-unit Lakewood townhouse offers a layout that stands apart, with two spacious bedrooms, each featuring its own four-piece ensuite.The open-concept main floor is warm, inviting, and designed for everyday living. The gorgeous kitchen features rich shaker style wood tone cabinetry, stainless steel appliances, generous counter space, tile flooring and an easy flow into the dining and living areas. Hardwood flooring runs throughout the rest of the main level, while a centre gas fireplace creates a comfortable focal point. A two-piece powder room completes the space. Just off the kitchen and dining area, the private balcony includes a gas line, making it ready for summer barbecues.Upstairs, both bedrooms offer the privacy of their own full ensuite, with laundry conveniently located between them. The fully developed basement adds even more flexibility with a large rec room, separate entrance, and three-piece bathroom, ideal for guests, a home office, or extended family.Additional features include air conditioning, a 23' x 11' single attached garage, and driveway parking for a second vehicle. Located in Timberlea, this home is across from parks and close to the area’s extensive trail system. Eagle Ridge Commons is just minutes away, offering grocery shopping, restaurants, coffee shops, fitness facilities, professional services, and other everyday conveniences. It is a well-connected location that makes errands, recreation, and daily life exceptionally convenient.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,176 · tax $95 · strata $621 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Wood Buffalo: CMHC's average there ($1,457) 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
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
about $1,415 a year
The asking price times Regional Municipality of Wood Buffalo's 2026 residential rate of 5.24 per $1,000 (municipal and education).
The listing shows $1,140 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 46/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 13 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.