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503, 249 Gregoire Drive
homes for sale · Fort McMurray · Gregoire Park
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$99,900

503, 249 Gregoire Drive

Gregoire Park, Fort McMurray · MLS® A2327782

111

751 sq ft · Condo · Single Family · built 2004 · 108 days on market

listed by Cait Mills, ROYAL LEPAGE BENCHMARK

realtor's description

Welcome to this beautifully updated top-floor 1-bedroom, 1-bathroom condo offering 750 sq. ft. of comfortable living space. Thoughtfully refreshed with updated appliances, paint, and new carpet, this move-in-ready home is perfect for first-time buyers, downsizers, or investors. Enjoy the privacy and quiet of a top-floor unit while taking advantage of the building's extensive exterior upgrades, providing added peace of mind and enhanced curb appeal. The functional layout offers bright, inviting living spaces designed for everyday comfort. Ideally located close to shopping, restaurants, the airport, and major highway access, this home makes commuting and running errands a breeze. Whether you're looking for an affordable place to call home or a fantastic investment opportunity, this well-maintained condo is one you won't want to miss!

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
751 sq ft
parking
1
year built
2004
property tax
$300 / yr
strata fee
$548 / mo ($0.73 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
108
MLS®
A2327782

features

  • Other
  • No Animal Home
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Dishwasher

monthly cost

$1,008/mo
Mortgage $435 · Tax $25 · Strata $548

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

estimated payment
$435/ monthly
loan $79,920
25-year amortization
total interest
$50,656
land title fees
$280
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$20,260
down + land title fees
total paid
$130,576

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

if you rented it out

rent
$1,190/mo
after all costs
$52/mo
cap rate
5.8%
yearly net rent ÷ price

Costs: mortgage $435 · tax $25 · strata $548 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Wood Buffalo: CMHC's average there ($1,199) 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

location

Gregoire Park, Fort McMurrayGoogle Maps ↗

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listed by
Cait Mills
ROYAL LEPAGE BENCHMARK
call Cait · 780-880-2063
Powered by: REALTOR.ca

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property tax

about $524 a year

The asking price times Regional Municipality of Wood Buffalo's 2026 residential rate of 5.24 per $1,000 (municipal and education).

The listing shows $300 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.

location

Gregoire Park, Fort McMurrayGoogle Maps ↗
Drive times
  • Northern Lights Regional Health Centre6 min
  • Fort McMurray Composite High6 min
  • École Boréale7 min
  • Keyano College7 min
  • Downtown Fort McMurray8 min
  • Peter Pond Mall8 min
47

Walkability 47/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 1 grocery store, 1 place to eat or drink, 17 parks and playgrounds, 2 schools.

mihom score from OpenStreetMap places, by straight line distance.

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