#A 5940 45 AV

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$190,000

#A 5940 45 AV

Downtown Lacombe, Lacombe · MLS® E4512217

501 sq ft · Townhouse · Single Family · built 1970 · 17 days on market

listed by Tatum Fitton, ComFree

realtor's description

Move-in ready bi-level townhouse condo in Lacombe offering approximately 1,000 sq. ft. of living space. The upper level features an upgraded kitchen with updated cabinetry, new fridge and stove, dining area, storage room, and a bright living room with access to a south-facing balcony. The lower level includes two bedrooms, an upgraded 4-piece bathroom, laundry and furnace room. The primary bedroom features a walk-in closet. Both levels have new vinyl plank flooring throughout. Condo fees are approximately $170.38/month, with an established reserve fund. A functional layout with updated finishes and comfortable living space.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 1
living area: 501 sq ft
parking: 0
year built: 1970
strata fee: $170 / mo ($0.34 / sq ft)
days on market: 17
MLS®: E4512217

features

Cul-de-sac
Flat site
Park/reserve
Lane
Environmental reserve
Level

property tax

about $2,075 a year

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

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

$998/mo

Mortgage $828 · Strata $170

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

estimated payment

$828/ monthly

loan $152,000

25-year amortization

down payment20% · $38,00020%+ 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: $96,344
land title fees: $445; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $38,445; down + land title fees
total paid: $248,344

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: $1,440/mo
after all costs: $152/mo
cap rate: 6.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $828 · strata $170 · 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