Cold Lake North, Cold Lake · MLS® E4513505
22
1,017 sq ft · Condo · Single Family · built 2009 · 6 days on market
listed by Jackie Gray, Royal Lepage Northern Lights Realty
Enjoy worry-free, top-floor living with stunning lake views in this beautifully updated 2-bedroom, 2-bathroom condo! Unit features an inviting open-concept layout highlighted by rich dark cabinetry, sleek granite countertops, an eat-up breakfast bar, and stainless steel appliances. Beautiful hardwood flooring flows throughout the living space, complete with comfortable in-floor heating to keep you warm year-round. The spacious primary bedroom serves as a private retreat, offering a generous walk-in closet and a private ensuite bathroom. Added comforts include in-suite laundry and central air conditioning for those hot summer days. This exceptional home comes with ultimate convenience and peace of mind, featuring one secure underground parking space (13), an additional outside energized exterior stall(123), and a private storage room (3407). The fully equipped building offers an elevator, fitness room, and a social room for gatherings. All set and turn-key for easy, low-maintenance living—just move in!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
about $2,552 a year
The asking price times Cold Lake's 2026 residential rate of 11.34 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 $980 · strata $463 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Cold Lake: CMHC's average there ($1,328) 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 49/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 6 places to eat or drink, 10 parks and playgrounds, 2 pharmacies.
mihom score from OpenStreetMap places, by straight line distance.