5259 51 Street

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$218,500

5259 51 Street

Downtown Lacombe, Lacombe · MLS® A2325022

211

924 sq ft · 5,988 sq ft lot · House · Single Family · built 1941 · 119 days on market

listed by Matea Pratt, Royal LePage Lifestyles Realty

realtor's description

Nestled on a spacious double lot in the heart of downtown Lacombe, this charming bungalow offers a unique opportunity for homeowners, investors, or developers. This well-maintained home is ideally situated across from a school and within walking distance of playgrounds, stores, and restaurants. The main floor features a bright living room filled with natural light, two bedrooms, and a 4-piece bathroom. Additionally, the property includes a partially finished basement and is zoned R4.

property details

type: House, Single Family
bedrooms: 2
bathrooms: 1
living area: 924 sq ft
lot: 5,988 sq ft
parking: 1
year built: 1941
property tax: $2,687 / yr
days on market: 119
MLS®: A2325022

features

Golf Course Development
Washer
Refrigerator
Stove
Dryer

property tax

about $2,386 a year

The asking price times Lacombe's 2026 residential rate of 10.92 per $1,000 (municipal and education).

The listing shows $2,687 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

$1,176/mo

Mortgage $952 · Tax $224

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

estimated payment

$952/ monthly

loan $174,800

25-year amortization

down payment20% · $43,70020%+ 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: $110,795
land title fees: $495; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $44,195; down + land title fees
total paid: $285,595

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