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2112, 200 Lougheed Drive
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Beds
2
Baths
2
Sqft
791
Year
2006
Type
Single Family
On market
15d
FOUR TITLED PARKING SPOTS YES THIS IS CORRECT & tenant wants to stay. CORNER UNIT!Life moves fast, & the last thing you want is a pile of chores waiting at the door. This 790.77 SQFT condo in Timberlea hands you an easier way to live, with room to breathe & plenty of space to park. It is the kind of place where you can drop your bags, kick off your shoes, & actually relax at the end of the day.Step inside & the layout just makes sense. The dining room opens to the kitchen & living room, so the whole space feels bright, airy & connected. You can cook dinner, chat with a friend, & keep an eye on the game all at the same time. The kitchen is simple & functional, ready for quick weeknight meals or a slow Sunday coffee with the paper. When you want a little fresh air, the living room opens right out to your deck, with a grassy shared space beyond. Picture morning coffee in the sun or a quiet evening watching the sky change colour.The primary bedroom is a good size, with two closets that give you real storage for once. No more squeezing a full season of clothes onto one tiny rod. It comes with its own 4PC ensuite, so mornings stay calm & private, even when you are in a rush out the door. A second bedroom opens up your options, whether that is a guest room for visitors, a tidy home office, or a quiet hobby space to call your own. There is a 4PC main bathroom too, plus in suite laundry, so you never have to haul laundry baskets down a hall ever again.Now for the part that really turns heads. This home comes with four titled parking spots. One underground to keep a vehicle warm & out of the snow, & three above ground, all yours. Room for visiting friends, a second vehicle, or a little extra space for a project. Parking is one headache you will simply never have here.There is a current tenant in place who would love to stay, on a month to month lease. That means steady income from day one for an investor, or an easy timeline if you would rather settle in a little later. The monthly condo fee of $570.53 takes a long list of bills off your plate. It covers heat, water, sewer, trash, snow removal, grounds care, professional management, common area maintenance, & reserve fund contributions. Winter mornings get a whole lot simpler when all of the shovelling is handled for you.Everything you need to settle in is already in place. The fridge, stove, dishwasher, microwave, washer, dryer & window coverings all stay, so there is nothing extra to buy before you move in & unpack.You are close to schools, parks & shopping, so daily errands & weekend strolls stay quick & easy. If you are a young professional planting roots or someone ready to right size into something simpler, this condo fits the life you are building & is ready the moment you are.Check out the detailed floor plans where you can see every sink & shower in the home and our 360 tour. Are you ready to say yes to this address?Please note, showing times are limited due to the tenant's schedule. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Storage | 6.83 Ft x 3.50 Ft | |
| Primary Bedroom | 10.08 Ft x 11.42 Ft | |
| Living room | 12.50 Ft x 17.17 Ft | |
| Kitchen | 8.25 Ft x 8.08 Ft | |
| Dining room | 12.00 Ft x 13.75 Ft | |
| Bedroom | 9.75 Ft x 11.33 Ft | |
| 4pc Bathroom | 7.83 Ft x 5.08 Ft | |
| 4pc Bathroom | 8.00 Ft x 4.92 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
34.43%
Cap rate
11.75%
GRM
6.6
Break-even rent
$994
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 1, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort McMurray. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.