Carrington Promenade
200 Richard Street, Fort McMurray, AB T9H 5H6
Market Overview
Last sale: Sep 9, 2026
Condo Fees
Building Features
Policies
Known Issues & Notes
Known Issues (news/court)
[lawsuit_or_court - insurance] After a burst pipe caused water damage to two units, the condo corporation sought to recover repair costs ($11,005.65) from the owner whose unit caused the flooding. The court held the Act, Regulation, and bylaws created a covenant requiring the corporation to insure against such loss, barring the claim, and allowed the appeal, dismissing the corporation's claim with costs. (2007-09-20); [lawsuit_or_court - insurance] An owner successfully appealed a Provincial Court ruling that had held them liable for $11,005.65 in repair costs following flooding in their unit, with the Queen's Bench finding that the condominium corporation's statutory and bylaw covenant to insure against water damage barred it from suing the owners despite the loss being under the policy deductible; this later decision addresses costs, awarding the appellants $150 for a pre-trial conference, $4,693.48 (20% of the claim) for trial costs, $1,000 plus double costs of $1,000 for the appeal due to a formal offer, plus disbursements, totaling $8,549.96 claimed. (2008-06-11)
SourceAbout This Building
Carrington Promenade is a five-storey mid-rise apartment building located at 200 Richard Street in downtown Fort McMurray, constructed in 2001. The complex offers secure, professionally managed housing with 19 units ranging from one to three bedrooms. Recent sales have averaged around $109,000, with monthly condo fees averaging roughly $647. Condo fees cover heat, water, sewer, insurance, and reserve contributions. The building features a fitness centre, party room, and underground heated parking. Its downtown location provides convenient access to shopping, dining, Macdonald Island Park, and major routes. Before finalizing your purchase, obtain a professional review of the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation to ensure full transparency on building condition and financial standing.