7017 Deer Street,
Lacombe, Alberta
Set on just over an acre in College Heights, this 3+2 bedroom home offers the rare combination of Lacombe proximity and genuine elbow room. The property backs onto open space with parks, playgrounds, and schools all within easy reach—a setup that appeals to families looking for both convenience and breathing room. Two-car parking and freehold ownership mean you're settling in, not renting ground. The neighbourhood strikes a practical balance: close enough to shopping and recreation that errands don't eat your weekend, far enough from the airport and golf course noise to keep evenings quiet. At $335,000, it's a chance to own land and livability without stretching into acreage isolation.
Inside the home
The Payment Lab
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.
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If rates move, what wins?
Variable starts $121/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 +0.75% is where variable becomes more expensive than today's locked fixed.
The Bank of Canada holds rates flat, cuts, or hikes less than +0.8% during your 5-year term. You'd save roughly $121/mo for as long as that holds.
BoC raises rates more than +0.8% and keeps them there. You'd be locked in below the variable rate the rest of the term.
Every down-payment, mapped
| Scenario | Down | Mortgage | Monthly | Income req. | Rate · amort |
|---|---|---|---|---|---|
Min. Down + $12,730 CMHC | $16,750 | $330,980 | $1,784 /mo | $79,000 | 4.24% · 25 yr |
10% + $9,347 CMHC | $33,500 | $310,847 | $1,676 /mo | $75,000 | 4.24% · 25 yr |
15% + $7,973 CMHC | $50,250 | $292,723 | $1,578 /mo | $72,000 | 4.24% · 25 yr |
20% | $67,000 | $268,000 | $1,467 /mo | $67,000 | 4.39% · 25 yr |
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A few questions and we'll come back with your actual buying power and the rates you actually qualify for.
Life around Lacombe.
Deer Street sits in one of Lacombe's quietly established pockets, where everyday routines unfold within easy reach. Henners Pond is a one-minute walk when you need open sky and the sound of water lapping at the shoreline, while RISE Aerial—just five minutes on foot—brings a touch of unexpected creativity to the neighbourhood with its airy studio space. The streets here are wide and tree-lined, the kind of place where you recognize faces at the mailbox and weekends have their own unhurried rhythm.
Parks & green
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