The Madison

The Madison is a 3-storey low-rise apartment building located at 5117 50 Street in Lloydminster's Central Business District, built in 2001. This adult-living community offers convenient downtown access to shopping, dining, and services within walking distance. Recent sales have averaged around $222,000, with monthly condo fees averaging roughly $344. The building features underground assigned parking, a recreation room, and elevator access. Units typically include in-suite laundry, central air conditioning, and balconies or decks. Before finalizing a purchase, prospective buyers should arrange a professional review of the reserve fund study, financial statements, board minutes, and building bylaws to ensure a clear understanding of the building's financial health and governance.