House
$259,000
502 5 Avenue
Wainwright79 days on market
listed by Coldwell Banker Hometown Realty
MLS® A2335607
307, 848 4 Avenue
$284,900
307, 848 4 Avenue
Wainwright · MLS® A2347096
221
1,035 sq ft · Condo · Single Family · built 2002 · 33 days on market
listed by Art MELIN, CENTURY 21 CONNECT REALTY
realtor's description
Welcome to this very well-maintained 2-bedroom, adult living, condo in Centre Point Place, offering comfortable living with plenty of space and convenient features. The spacious living room provides a welcoming area to relax or entertain, while the well-appointed kitchen offers an abundance of cabinets and generous counter space for everyday cooking and meal preparation. The primary bedroom features a convenient 3-piece ensuite, complemented by a separate 4-piece main bathroom. Enjoy the benefits of an eastern exposure, providing pleasant morning light, along with two balcony storage units for additional storage. An assigned parking stall is also included for added convenience. This well-kept condo offers a practical layout, ample storage, and a comfortable living environment—ideal for downsizers, or those looking for a low-maintenance home.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,035 sq ft
- parking
- 1
- year built
- 2002
- property tax
- $2,198 / yr
- strata fee
- $491 / mo ($0.47 / sq ft)
- strata rules
- Pets not Allowed, Age Restrictions
- days on market
- 33
- MLS®
- A2347096
features
- Parking
- Pets not Allowed
- Age Restrictions
- Washer
- Refrigerator
- Stove
monthly cost
$1,916/mo
Mortgage $1,241 · Tax $183 · Strata $491
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,660/mo
- after all costs
- −$423/mo
- cap rate
- 3.4%
- yearly net rent ÷ price
Costs: mortgage $1,241 · tax $183 · strata $491 · 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
location
WainwrightGoogle Maps ↗
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