ActivePrice reduced

$365,000

4, 5537 51 AvenueDowntown Lacombe, Lacombe, AB T4L 1K9

  • 3 beds
  • 3 baths
  • 736 sq ft
  • Row/Townhouse

Listing courtesy of eXp Realty - Red Deer · MLS® A2345335

About this home

BRAND NEW AND MOVE IN READY! This is luxury living at an affordable price point. These individually titled 4-plex units have so much to offer Inside you will find a modern designed home with quality finishings and a functional, well planned layout and over 1450 sq ft of finished living space. You will love the clean and elegant look of white cabinets and backsplash, with black hardware and wood design accents. The main floor features a living room with a built in electric fireplace, modern and classy kitchen, including white cabinets, quartz counters and island. The master bedroom is spacious and features a beautifully designed, walk-through ensuite, that leads to the walk in closet. The main floor is complete with a 2 piece bathroom as well as main floor laundry. Downstairs you will find a fully finished basement with two more bedrooms, a rec space, full bathroom and utility/storage. Exterior low maintenance landscaping and shrubs for the property ensure convenience while having a beautiful yard space. Exterior will be finished with a sidewalk and concrete driveway for 2 vehicles. These are Condo units which guarantees that the property value will never be depreciated due to another owner not keeping up with exterior maintenance, like siding or shingles in the future. Condo fees are low at $155.00/month which covers insurance and reserve study fund. If you are looking for an affordable brand new home that you can simply move in and enjoy, this may be just what you have been waiting for.

Key facts

Type
Row/Townhouse
Style
Bungalow
Year built
2026
Living area
736 sq ft
Bedrooms
3 (1 above grade, 2 below)
Bathrooms
2 full, 1 half
Basement
Full, Finished
Parking
Off Street, 2 spaces total
Condo / HOA fee
$155 monthly
Price per sq ft
$496
Days on market
26
Listed
September 14, 2026
Community
Downtown Lacombe
Municipality
Lacombe

Features

Interior

Features
Kitchen Island, Pantry, Quartz Counters
Appliances
Dishwasher, Electric Stove, Range Hood, Refrigerator
Flooring
Carpet, Vinyl Plank
Heating
Forced Air, Natural Gas
Fireplaces
1 (Electric, Living Room, Tile)
Laundry
Main Level
Basement features
Other
Included
None

Suite

Suite
No

Building

Structure
Four Plex
Levels
One
Shared walls
2+ Common Walls
Construction
Composite Siding, Vinyl Siding, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Building name
Z-name Not Listed
New construction
Yes

Exterior & lot

Exterior
Other
Lot
Landscaped, Low Maintenance Landscape, Street Lighting
Patio / porch
Front Porch
Fencing
Partial
Front faces
N
Zoning
R4

Parking

Total parking
2
Details
Off Street, Parking Pad

Condo / HOA

Fee
$155 monthly
Fee includes
Insurance, Reserve Fund Contributions
Pets
Restrictions, Yes
Restrictions
Call Lister
Ownership
Conventional Condo

Land & rural

Title
Fee Simple

Community

Features
Other, Sidewalks, Street Lights

Rooms

RoomLevelSize
KitchenMain9'6" x 8'4"
2pc BathroomMain0'0" x 0'0"
Bedroom - PrimaryMain11'7" x 12'1"
4pc Ensuite bathMain0'0" x 0'0"
Living RoomMain10'11" x 11'3"
Game RoomBasement10'4" x 19'7"
4pc BathroomBasement0'0" x 0'0"
BedroomBasement10'9" x 11'4"
BedroomBasement10'9" x 9'9"

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$1,868
  • Mortgage $1,713
  • Condo / HOA fee $155

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $18,250.

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Listing last updated: Sep 24, 2026, 9:10 a.m.