8, 150 Fairmont Road S

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$429,900

8, 150 Fairmont Road S

Fairmont, Lethbridge · MLS® A2352016

231

950 sq ft · 2,499 sq ft lot · Townhouse · Single Family · built 2005 · 11 days on market

listed by Bryce Evans, RE/MAX REAL ESTATE - LETHBRIDGE

realtor's description

Welcome to comfortable adult living on Lethbridge’s desirable south side in Eagle Ridge. This inviting, fully developed bungalow offers 2 bedrooms, an ensuite, and the convenience of main floor laundry. Enjoy relaxing in the cozy living room featuring a warm fireplace, perfect for unwinding at the end of the day. With a functional layout, additional developed living space downstairs, and a single attached garage, this home offers easy, comfortable living in a sought-after location. A wonderful opportunity for those looking to simplify without sacrificing comfort!

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 3
living area: 950 sq ft
lot: 2,499 sq ft
parking: 1
year built: 2005
property tax: $4,095 / yr
strata fee: $394 / mo ($0.41 / sq ft)
strata rules: Pets Allowed, Pets Allowed With Restrictions, Age Restrictions
days on market: 11
MLS®: A2352016

features

See remarks
Other
Pets Allowed
Pets Allowed With Restrictions
Age Restrictions
Refrigerator

monthly cost

$2,608/mo

Mortgage $1,873 · Tax $341 · Strata $394

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

estimated payment

$1,873/ monthly

loan $343,920

25-year amortization

down payment20% · $85,98020%+ 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: $217,990
land title fees: $875; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $86,855; down + land title fees
total paid: $561,910

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: $1,690/mo
after all costs: −$1,228/mo
cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,873 · tax $341 · strata $394 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Lethbridge: CMHC's average there ($1,593) raised by what new tenants pay against everyone in the Lethbridge area. (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