201 Abasand Drive, Fort McMurray, AB T9J 1L6
Market Overview
Last sale: Oct 1, 2026
Condo Fees
Building Features
Policies
Known Issues & Notes
Known Issues (news/court)
[lawsuit_or_court - special levy / assessment] A $21,000 special assessment for fire safety, sewer, boiler and asbestos work was paid by sellers before a 2015 sale; after the building burned in the Fort McMurray wildfire, the corporation returned $14,000 in unused funds. The Court held an implied term meant the sellers, who bore the assessment burden, were entitled to the refund, allowing the sellers' application. (2017-04-20)
SourceAbout This Building
201 Abasand Drive in Abasand is a four-storey low-rise apartment complex built in 2017. The building houses primarily three-bedroom units with vinyl-siding exteriors and underground heated parking. Recent sales have averaged around $132,000, with monthly condo fees averaging roughly $625. Fees typically cover heat, water, gas, building insurance, common-area maintenance, snow removal, and reserve fund contributions. The complex is situated close to schools, trails, shopping, and public transit, appealing to first-time buyers and investors seeking affordable housing. Before finalizing a purchase, prospective owners should have reserve fund studies, financial statements, board minutes, bylaws, and insurance documentation professionally reviewed to ensure long-term financial health and compliance.