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Lambert Village

3 Parklane Way, Strathmore, AB T1P 1N6

Downtown_Strathmore
Year Built
1996
Floors
3
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$181,076.471
Median Sold
$175,000
Price Range
$140,000 – $236,000
Avg $/SqFt
$227.3
Sales (2yr)
17
Avg Days on Market
49.35294117647059

Last sale: Jul 7, 2026

Condo Fees

Avg Monthly Fee
$721.003
Median Fee
$716.01
Avg $/SqFt
$0.906
Units w/ Fee Data
14
Fee IncludesHeat, Water

Building Features

ExteriorVinyl Siding
AmenitiesElevator, fitness center, guest suite, park, parking, party room, billiards room, library, hair salon, woodworking shop, games room
Building TypeLow-rise apartment
Floors3 storeys
Year Built1996

Policies

Pet PolicyNo pets allowed
Age Restriction55+

Known Issues & Notes

Repairs/Projects

Brand-new appliances installed Fall 2025 in some units

About This Building

Lambert Village is a 55+ adult community located at 3 Parklane Way in Downtown Strathmore, built in 1996. This three-storey low-rise apartment complex offers one- and two-bedroom units ranging from roughly 730 to 885 square feet, with recent sales averaging around $181,000 and monthly condo fees averaging approximately $721. The building features an elevator, fitness centre, guest suite, party room, and direct access to green space and parkland. Units typically offer south-facing windows, open-concept layouts, and private balconies or sunrooms. Before finalizing a purchase, prospective buyers should have the reserve fund study, financial statements, board minutes, and bylaws professionally reviewed to understand the building's financial position and governance.

Premium reviews include your choice of a 24-hour turnaround (within 24 hours of having all required condo documents) or a video call. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.