Downtown Lacombe, Lacombe · MLS® A2341387
222
1,003 sq ft · 1,984 sq ft lot · Townhouse · Single Family · built 1992 · 53 days on market
listed by John Cloke, Century 21 Maximum
Welcome to easy, affordable living in the heart of Lacombe! This charming 2-storey home offers 2 bedrooms, 2 bathrooms, and a truly move-in ready experience with no condo fees. Step inside to find stylish vinyl plank and fresh carpet, creating a modern, inviting feel from the moment you walk in. The functional main floor offers a spacious living room, convenient main floor laundry, a 2-piece bathroom, and a bright kitchen with a garden door leading to your fully fenced backyard. Outside, you'll enjoy a private yard, storage shed, and rear parking. Upstairs, you'll find two generously sized bedrooms, including a spacious primary bedroom with direct access to the main bathroom, creating a convenient shared ensuite. The unfinished basement is ready for your personal touch, offering endless possibilities for future development. Located within walking distance to Lacombe's beautiful boutique downtown, parks, restaurants, shopping, schools, and everyday amenities, this turn-key home combines comfort, convenience, and value in one fantastic package. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this home checks all the boxes.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,067 · tax $196 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Lacombe: CMHC's average there ($1,451) 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 $2,676 a year
The asking price times Lacombe's 2026 residential rate of 10.92 per $1,000 (municipal and education).
The listing shows $2,347 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 85/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 10 places to eat or drink, 1 cafe, 17 parks and playgrounds, 2 schools, 1 pharmacy.
mihom score from OpenStreetMap places, by straight line distance.