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Fort McMurray · Single Family · under $225,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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224, 200 Richard Street
Welcome to 224-200 Richard Street; an IMMACULATE and EXTREMELY RARE opportunity to own a fully renovated 3-bedroom, 2-bathroom CORNER CONDO with stunning RIVER VALLEY VIEWS in one of Fort McMurray’s most desirable locations. Spacious corner units with this layout rarely come available, and this one has been beautifully UPDATED TOP TO BOTTOM, making it completely move-in ready. From the moment you step inside, you’ll notice the unique and functional layout along with the pride of ownership throughout. The oversized living room is warm and inviting with a corner gas fireplace and large patio doors that flood the space with natural light while showcasing the incredible river valley views. Step outside onto your private balcony and enjoy the peaceful setting year-round. The dining room is spacious and seamlessly connects the kitchen and living area, creating an ideal setup for both everyday living and entertaining. The kitchen has been modernized with updated white cabinetry and countertops, creating a bright and timeless feel with ample storage and workspace. All three bedrooms are generously sized, including the spacious primary retreat featuring a large walk-through closet leading to a 4-piece ensuite. The second and third bedrooms are also spacious, providing excellent flexibility for a growing family, guests, or a home office setup, while the second full bathroom offers added convenience and comfortable space for family and visitors. The unit also features in-suite laundry and an impressive amount of additional storage space; a rare and valuable feature in condo living. In 2024, the unit underwent EXTENSIVE RENOVATIONS and updates including professionally updated plumbing in the bathrooms and laundry room, fully renovated bathrooms with new tubs, surrounds, toilets, vanities, sinks, taps, showerheads, and professionally installed luxury vinyl plank flooring by Sands Carpet One. The remainder of the unit features professionally installed laminate flooring, while the fireplace surround was beautifully updated with tile, all baseboards were replaced, the entire unit was freshly repainted, and the fridge along with the stacking washer and dryer were replaced. Adding even more value, the condo corporation has replaced the windows in the unit and shingles on the building from 2023 to present, all without special assessments thanks to a strong reserve fund. This secure and well-maintained complex also features a common workout room and an unbeatable location just steps from MacDonald Island Park, walking trails, and downtown amenities. The property includes two titled parking stalls; one underground (#248) and one surface stall (#7). Condo fees include heat, water, and gas, leaving you to only pay for electricity. Available for immediate possession, this is a rare chance to own a fully renovated river valley condo that truly stands out from the rest. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.92 Ft x 10.92 Ft | |
| Bedroom | 16.92 Ft x 11.50 Ft | |
| Living room | 13.00 Ft x 12.92 Ft | |
| Dining room | 14.17 Ft x 12.83 Ft | |
| Kitchen | 8.00 Ft x 8.25 Ft | |
| Foyer | 13.75 Ft x 3.83 Ft | |
| Laundry room | 9.08 Ft x 8.25 Ft | |
| 4pc Bathroom | 8.17 Ft x 5.08 Ft | |
| 4pc Bathroom | 8.17 Ft x 4.92 Ft | |
| Other | 8.17 Ft x 4.42 Ft | |
| Primary Bedroom | 11.67 Ft x 15.67 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
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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
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Insurance estimate
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Commute
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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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 4, 2026.
Location of this listing. Distances are straight-line.
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