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homes for sale · Tofield
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$168,900

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Tofield · MLS® E4511623

22

1,152 sq ft · Condo · Single Family · built 2009 · 21 days on market

listed by Dave Johnston, REMAX River City

realtor's description

Very clean 1,151 sq ft, 2 bedroom 2 bathroom single level condo located on the 3rd floor in the Best View condo complex located in the town of Tofield, Alberta. This open spacious layout has a very open floor plan which makes the condo look very larger than it is. The livingroom has a fireplace and sliding doors to a balcony, 2 bedrooms, 2 bathrooms, open kitchen, insuite laundry, and plenty of storage. The primary bedroom is a dream with walk in closet and 4 piece ensuite. This is a very well run self managed building in a very quiet location. The unit comes with 1 assigned parking stall #30. The condo is available in 30 days for possession or end of October. The low condo fee is $418.37 which is very reasonable for the size of the unit and for what you get, including heat, water, exterior maintenance, insurance common areas, and snow removal. This is a very nice condo that won't last in todays market. The location of the condo is just a short 28 minute drive to Edmonton and 20 minutes to Sherwood Park

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,152 sq ft
parking
0
year built
2009
strata fee
$418 / mo ($0.36 / sq ft)
days on market
21
MLS®
E4511623

features

  • See remarks
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$1,154/mo
Mortgage $736 · Strata $418

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

estimated payment
$736/ monthly
loan $135,120
25-year amortization
total interest
$85,644
land title fees
$410
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$34,190
down + land title fees
total paid
$220,764

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

listed by
Dave Johnston
REMAX River City
call Dave · 780-951-7371
Powered by: REALTOR.ca

similar homes nearby

property tax

about $2,405 a year

The asking price times Tofield's 2026 residential rate of 14.24 per $1,000 (municipal and education).

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.

if you rented it out

rent
$1,660/mo
after all costs
$338/mo
cap rate
7.6%
yearly net rent ÷ price

Costs: mortgage $736 · strata $418 · 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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

TofieldGoogle Maps ↗

location

TofieldGoogle Maps ↗
Drive times
  • St. Mary's Hospital46 min
32

Walkability 32/100 · Mostly by car

Within a 10 minute walk: 5 places to eat or drink, 2 cafes.

mihom score from OpenStreetMap places, by straight line distance.

4915 53 AV, Tofield
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4915 53 AV, Tofield, photo 8
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45 st 58 ave, Tofield, photo 3
45 st 58 ave, Tofield, photo 4
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