Tofield · MLS® E4511623
22
1,152 sq ft · Condo · Single Family · built 2009 · 21 days on market
listed by Dave Johnston, REMAX River City
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
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
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.
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
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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.