
Positioned on a generous lot in Wetaskiwin's Lynalta neighbourhood, this 3 + 1 bedroom, two-storey home offers over 1,300 square feet of living space with room to grow. The freehold property includes two-car parking and sits within easy reach of schools, playgrounds, and shopping—the kind of proximity that simplifies daily routines. Lynalta's tree-lined streets and established community feel appeal to families seeking stability without the premium attached to newer developments. At $289,000, the home represents an accessible entry point into ownership in a city where affordability still means choice, not compromise. Whether you're scaling up from a rental or looking for a project with built-in equity, the bones are here.
Move the sliders. Compare fixed vs. variable. See exactly what this home costs you each month, with the math we’d use in your pre-approval.
Rates last updated from 26 Canadian lenders.
Four quick questions and we'll run the federal stress test against this specific listing. You'll see if you qualify, your monthly payment, and a personal action plan — no credit pull, no obligation.
Variable starts $134/mo cheaper than fixed today. But variable rates move with the Bank of Canada — if they rise, your payment rises with them. This chart shows your monthly payment if BoC moves rates up or down during your term. The crossover at +1.00% is where variable becomes more expensive than today's locked fixed.
The Bank of Canada holds rates flat, cuts, or hikes less than +1.0% during your 5-year term. You'd save roughly $134/mo for as long as that holds.
BoC raises rates more than +1.0% and keeps them there. You'd be locked in below the variable rate the rest of the term.
| Scenario | Down | Mortgage | Monthly | Income req. | Rate · amort |
|---|---|---|---|---|---|
Min. Down + $10,982 CMHC | $14,450 | $285,532 | $1,555 /mo | $70,000 | 4.34% · 25 yr |
10% + $8,063 CMHC | $28,900 | $268,163 | $1,460 /mo | $66,000 | 4.34% · 25 yr |
15% + $6,878 CMHC | $43,350 | $252,528 | $1,375 /mo | $63,000 | 4.34% · 25 yr |
20% | $57,800 | $231,200 | $1,291 /mo | $60,000 | 4.59% · 25 yr |
A few questions and we'll come back with your actual buying power and the rates you actually qualify for.
You're a four-minute walk from Jordan's NOFRILLS, where Saturday mornings mean grabbing what you need without driving across town, and just one minute further brings you to Elevation Fitness Centre if early workouts are part of your routine. Grandma Lee's sits five minutes away—the kind of place where the smell of home cooking drifts out when the door swings open and regulars know each other by name. Jubilee Park is six minutes on foot, with mature trees that offer actual shade come summer and enough open space that it feels generous rather than squeezed in. This part of Wetaskiwin moves at a neighbourhood pace, where errands fold naturally into your day and faces become familiar.
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