Land
$74,500
1041 15 Avenue
Wainwright1,095 days on market
listed by Royal LePage Wright Choice Realty
MLS® A2089854
40, 305 5 Street
$57,900
40, 305 5 Street
Wainwright · MLS® A2340978
311
995 sq ft · Townhouse · Single Family · built 1957 · 58 days on market
listed by Tenille Bohay, Coldwell Banker Hometown Realty
realtor's description
Here is a great opportunity to own a comfortable, affordable condo in a convenient location close to many of the community’s amenities. This 995 sq. ft. three-bedroom, one-bathroom unit is in excellent condition and offers a practical layout with plenty of opportunity to enjoy both indoor and outdoor living. With basement laundry and a well-maintained interior, this home is an ideal choice for first-time buyers, downsizers, investors, or anyone looking for an easy-care property. The location is hard to beat, with the hospital, schools, Peace Memorial Multiplex, Communiplex, Downtown Wainwright, and CFB Wainwright all conveniently nearby. If you’re looking for a well-kept, affordable condo in a great Wainwright location, this one is worth a look.
property details
- type
- Townhouse, Single Family
- bedrooms
- 3
- bathrooms
- 1
- living area
- 995 sq ft
- parking
- 1
- year built
- 1957
- property tax
- $533 / yr
- strata fee
- $420 / mo ($0.42 / sq ft)
- days on market
- 58
- MLS®
- A2340978
features
- Parking
- Washer
- Refrigerator
- Range - Electric
- Dryer
- Window Coverings
monthly cost
$716/mo
Mortgage $252 · Tax $44 · Strata $420
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
- $1,910/mo
- after all costs
- $866/mo
- cap rate
- 23.2%
- yearly net rent ÷ price
Costs: mortgage $252 · tax $44 · strata $420 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Alberta: CMHC's average there ($1,848) raised 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 ↗
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
