Olds · MLS® A2351044
221
1,515 sq ft · Condo · Single Family · built 2018 · 15 days on market
listed by A.J. Barkman, REMAX ACA Realty
Step into a world where comfort meets breathtaking vistas, nestled within the beautiful community of Olds, which is a short commute to either Calgary or Red Deer. This exceptional 55+ adult condo unfolds across 1514 square feet, offering an expansive open floorplan bathed in natural sunlight. Imagine evenings spent savoring mountain views from your west facing balcony, where a gas BBQ hookup awaits for alfresco dining. Inside, granite countertops gleam across the kitchen island, inviting culinary creativity, while the huge laundry room provides ample space for your household needs. Two generously sized bedrooms, one boasting a huge walk-in closet, ensure restful nights, complemented by two full bathrooms, including a luxurious ensuite. Beyond the condo itself, enjoy the convenience of secured parking within the inside parkade stall, alongside additional storage accessible from your deck. Residents benefit from a wealth of amenities within the condo association—elevator access, visitor parking, snow removal, trash disposal, a huge lot sporting fruit trees, garden boxes, and more—while the surrounding community offers opportunities for golf, leisurely walks along sidewalks, or relaxing beside the pond, all within easy reach of schools, shopping, and parks. Call your favourite Realtor today to view this exceptional home!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,917 · tax $364 · strata $639 · 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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about $3,895 a year
The asking price times Olds's 2026 residential rate of 8.86 per $1,000 (municipal and education).
The listing shows $4,373 a year in property tax.
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.
Walkability 92/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 19 places to eat or drink, 3 cafes, 8 parks and playgrounds, 3 pharmacies.
mihom score from OpenStreetMap places, by straight line distance.