57 Leung Place
$250,000
57 Leung Place
Panorama Estates, Blackfalds · MLS® A2353033
322
761 sq ft · Townhouse · Single Family · built 2004 · 8 days on market
listed by Jessica LeBreton, CIR Realty
realtor's description
UPDATED 3 BEDROOM, 2 BATHROOM WALKOUT BI-LEVEL BACKING ONTO A BEAUTIFUL TREED RESERVE! Whether you're a first-time buyer, looking to downsize, or searching for an investment property, this well-maintained townhouse is worth a look! The main floor has just been updated with BRAND NEW VINYL PLANK FLOORING, giving the space a fresh, modern feel. The bright, open-concept living, dining and kitchen area offers plenty of natural light, a functional kitchen with island, and access to the back deck. You'll also find a spacious primary bedroom and full 4-piece bathroom on this level. Downstairs, the FULLY FINISHED WALKOUT BASEMENT offers two additional bedrooms, a second 4-piece bathroom, laundry, and a comfortable family room, providing plenty of space for kids, guests, or a home office. Additional updates include NEW TOILETS, NEW BLINDS, newer carpet, updated appliances, fresh paint, and an upgraded hot water tank.ONE OF THE BEST FEATURES IS THE BACKYARD SETTING! With NO NEIGHBOURS BEHIND, this property backs onto a beautiful treed reserve complete with a pond and an abundance of birdlife. Enjoy the peaceful surroundings and the morning eastern sunshine while sipping your coffee on the back deck, listening to the birds. A lovely little escape right in town! The fenced backyard and nearby walking paths add even more to this outdoor space. LOCATION IS A BIG BONUS! Within walking distance to schools, ball diamonds, the Abbey Centre, bike track, playgrounds, and walking trails, there's no shortage of activities nearby! Plus, with quick and easy access to Highway 2, commuting to Red Deer, Lacombe, or surrounding communities is a breeze. A fantastic opportunity to enjoy affordable homeownership, a peaceful natural setting, and all the conveniences of a family-friendly community!
property details
- type
- Townhouse, Single Family
- bedrooms
- 3
- bathrooms
- 2
- living area
- 761 sq ft
- parking
- 2
- year built
- 2004
- property tax
- $2,220 / yr
- strata fee
- $338 / mo ($0.44 / sq ft)
- strata rules
- Pets Allowed
- days on market
- 8
- MLS®
- A2353033
features
- Treed
- No neighbours behind
- No Smoking Home
- Environmental reserve
- Parking
- Pets Allowed
monthly cost
$1,612/mo
Mortgage $1,089 · Tax $185 · Strata $338
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,490/mo
- after all costs
- −$416/mo
- cap rate
- 3.2%
- yearly net rent ÷ price
Costs: mortgage $1,089 · tax $185 · strata $338 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Blackfalds: CMHC's average there ($1,443) raised 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
Panorama Estates, BlackfaldsGoogle Maps ↗
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