508 Centre Street

Central, Brooks · MLS® A2327605

114

900 sq ft · 6,598 sq ft lot · House · Single Family · built 1937 · 108 days on market

listed by Tammy Cyr, Century 21 Foothills Real Estate

realtor's description

Great opportunity for future development.This 50' x 130' lot is ideally located near schools, the hospital, local shopping, and restaurants. While the house structure itself is not salvageable, the property includes a 26' x 26' double detached garage (please note there has been some leaking from the garage roof).There is currently no access to the buildings, and the property is being sold "as is, where is" on possession.

property details

type: House, Single Family
bedrooms: 1
bathrooms: 1
living area: 900 sq ft
lot: 6,598 sq ft
parking: 4
year built: 1937
property tax: $1,592 / yr
days on market: 108
MLS®: A2327605

features

See remarks
Back lane
Level
None

property tax

about $1,617 a year

The asking price times Brooks's 2026 residential rate of 11.15 per $1,000 (municipal and education).

The listing shows $1,592 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

$764/mo

Mortgage $632 · Tax $133

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

estimated payment

$632/ monthly

loan $116,000

25-year amortization

down payment20% · $29,00020%+ 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: $73,525
land title fees: $365; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $29,365; down + land title fees
total paid: $189,525

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