CorridorReal Estate
Homes For Sale

Homes For Sale In Central Alberta

Every home shown with its neighbourhood, local benchmark and market context. New to buying? Start with the roadmap or find your budget.

Showing 42 Homes Across Central Alberta

Buyer Tools

Know Your Numbers Before You Fall In Love

Budget Finder

What Can I Afford?

Based on the federal stress test and standard lender limits.

Estimated Max Price
$500,000

About $2,619/mo at 4.39%. You'd qualify at 6.39%.

See Homes Under $500,000

Closing Costs

Alberta Closing Cost Estimator

Alberta has no land transfer tax, so closing usually costs a lot less than in BC or Ontario.

Land Transfer Tax
$0
Land Titles Transfer Fee
$500
Mortgage Registration Fee
$455
Legal Fees & Disbursements
$1,500
Home Inspection
$500
Title Insurance
$300
Estimated Total$3,255

Land Titles fees are exact provincial rates. Legal, inspection and title insurance are typical Central Alberta ranges.

The Buyer's Roadmap

Buying A Home In Alberta, Step By Step

Every stage of the deal in plain English, from your first pre-approval to getting the keys at noon on possession day.

Step 1 · Before You Shop

Get Pre-Approved

  • A pre-approval is a lender actually checking your income, credit and debts. It usually holds your rate for 90 to 120 days.
  • You'll be stress tested, meaning you qualify at your rate plus 2% or 5.25%, whichever is higher.
  • Minimum down payment is 5% of the first $500K and 10% of the portion above that.

Good To Know: Your deposit and your down payment aren't the same thing. The deposit goes in a few days after your offer is accepted, and the rest of your down payment is due at closing.

Alberta Jargon Buster

Stress Test

The higher rate lenders use to make sure you can still make payments if rates go up.

GDS / TDS

Your housing costs (GDS) and total debts (TDS) as a share of income. Lenders cap them around 39% and 44%.

RPR

A Real Property Report. It's a survey showing where the house, fences and decks sit on the lot.

Chattels Vs Fixtures

Chattels are movable items like appliances. Fixtures are attached and normally stay with the house.

Title Insurance

A one-time policy that covers you for title problems like survey issues or fraud.