North End, Peace River · MLS® A2311711
222
822 sq ft · Townhouse · Single Family · built 1972 · 158 days on market
listed by Cherisse Friesen, Grassroots Realty Group Ltd.
Looking to get out of renting or downsize without compromising on space and convenience? This lovely 2-bedroom, 2-bathroom condo in the North End of Peace River is just what you need! Situated right by the schools and close to everything you could want, this home offers an ideal blend of comfort and accessibility. The main floor features an open-concept dining and living area seamlessly connected to the kitchen. Upstairs, you’ll find a spacious primary bedroom complete with two huge walk-in closets and a 3-piece bathroom, providing plenty of storage and privacy. Downstairs offers a second bedroom, a full 4-piece bathroom, plus a convenient laundry/utility room. Enjoy outdoor living in your fully fenced yard with a cozy deck area—great for summer barbecues or quiet mornings with your coffee. Plus, there’s a shared storage shed for all your yard tools and extras. Don’t miss out on this fantastic opportunity, call today to schedule a viewing!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $610 · tax $196 · strata $200 · insurance ~$175 · 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 $1,884 a year
The asking price times Peace River's 2026 residential rate of 13.47 per $1,000 (municipal and education).
The listing shows $2,346 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 44/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 6 parks and playgrounds, 6 schools.
mihom score from OpenStreetMap places, by straight line distance.