Cold Lake North, Cold Lake · MLS® E4493450
32
1,417 sq ft · Condo · Single Family · built 2007 · 135 days on market
listed by Mel Crowe, Royal Lepage Northern Lights Realty
Elevate your lifestyle in this freshly painted penthouse condo with breathtaking views of Cold Lake and an unbeatable location close to shopping, restaurants, and everyday amenities. Filled with natural light, the open-concept main floor features a stylish kitchen with stainless steel appliances, an eat-up island, and a living area with balcony access. Soaring cathedral ceilings enhance the bright and airy living space. Two bedrooms, a 4-piece bathroom, and in-suite laundry complete the main level. Upstairs, the versatile loft-style retreat serves as a spacious primary suite or entertainment area, featuring a wet bar, private balcony, and a luxurious 3-piece ensuite with an impressive walk-in shower. Enjoy central air conditioning, in-floor heating, assigned underground parking with EV charging, a storage unit, fitness facility, and secure building access. With this professionally managed condo, low-maintenance living and spectacular lake views await you as you ease into comfortable living.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,257 · strata $768 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Cold Lake: CMHC's average there ($1,472) 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
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about $3,273 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.
Walkability 53/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 8 places to eat or drink, 15 parks and playgrounds, 1 school, 2 pharmacies.
mihom score from OpenStreetMap places, by straight line distance.