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#5 70 Cavan RD
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Sherwood Park · Single Family · under $300,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to Lofts at Lakeland Ridge. This nicely kept 2 bedroom 2 bath End Unit Townhouse, features a unique floor plan with private main floor retreat with open concept living room, dining room and kitchen. Finishing the main floor is large primary bedroom and a 4 pc. bathroom. The lower level features large second bedroom 4 pc bathroom as well as a large laundry/utility room. Benefits of owning an end unit is more Natural Light with the availability of more windows. This unique plan provides both privacy & flexibility and is Adult Living 18 + Complex. The attached garage is insulated and drywalled to keep you out of the elements. Natural Gas BQ connection to enjoy summer entertaining. This unit is perfectly nestled in a quite neighbourhood, offering access to many amenities, shopping, schools, & public transportation. The landscaping is presently being redone by the condo corporation and will be even better for when time is spent outdoors this summer when it is all completed. Some pics virtually staged (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 2 | 3.6 × 3.58 meters |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 5.59 × 5.09 meters | |
| Kitchen | 2.38 × 3.44 meters | |
| Primary Bedroom | 4.2 × 3.51 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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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
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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).
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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 1, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.