499 2 Street SW

1 / 16

$208,000

499 2 Street SW

Bankview, Drumheller · MLS® A2336252

311

1,019 sq ft · 3,750 sq ft lot · House · Single Family · built 1925 · 19 days on market

listed by Tatum Fitton, ComFree

realtor's description

Well-located 1,019 sq. ft. 3-bedroom, 2-storey home with spacious living room and kitchen/dining area, located 2 blocks from downtown, groceries, Canadian Tire, and all amenities. The home features all-new flooring, as well as fresh paint to all walls and ceilings, and upgrades to lighting. Main floor features a 4-pc bathroom and a front-load washer and dryer. Generous storage/workshop space is available in the partially finished basement. Upgraded furnace and new water heater approximately 4 years ago. Previous upgrades include Styrofoam insulation under vinyl siding. All bedroom windows were recently replaced with Low-E/argon gas units, and the roof was recently re-shingled (4 Years). A concrete patio pad is located outside the kitchen patio door.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
living area: 1,019 sq ft
lot: 3,750 sq ft
parking: 1
year built: 1925
property tax: $1,711 / yr
days on market: 19
MLS®: A2336252

features

Treed
Refrigerator
Stove
Hood Fan
Window Coverings
Washer & Dryer

property tax

about $2,405 a year

The asking price times Drumheller's 2026 residential rate of 11.56 per $1,000 (municipal and education).

The listing shows $1,711 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.

monthly cost

$1,049/mo

Mortgage $906 · Tax $143

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$906/ monthly

loan $166,400

25-year amortization

down payment20% · $41,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $105,471
land title fees: $480; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $42,080; down + land title fees
total paid: $271,871

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.