Bower, Red Deer · MLS® A2348892
221
593 sq ft · 1,734 sq ft lot · Townhouse · Single Family · built 1980 · 23 days on market
listed by Charlene Miller, 2 Percent Realty Advantage
Welcome to this beautifully maintained end-unit townhouse in the mature and desirable Bower community - offering NO CONDO FEES, a fully finished layout, a south-facing fenced yard backing onto green space, and immediate possession available! As an end unit, this home enjoys the added benefit of extra yard space and extra natural light, with windows along the side of the home in addition to the south-facing patio doors and kitchen window. The main floor offers a bright, open-concept design with the kitchen, dining area and living room flowing comfortably together. The patio doors provide direct access to the spacious COMPOSITE deck and fully fenced backyard, creating an easy connection between the indoor and outdoor living spaces. A convenient 2-piece bathroom completes the main level. The fully finished basement offers two bedrooms, a 4-piece bathroom, storage space, and a laundry/furnace utility room, providing approximately 1,100 sq. ft. of total living space, plus an additional crawl space area offering approximately 4' of height for extra storage. The south-facing backyard is a wonderful bonus, backing onto green space and a large parking area for homeowners and guests. The yard is fully fenced with attractive white vinyl fencing and includes an 8' x 13' deck with composite decking, black railing and a gate at the stairs, along with a 7' x 4' vinyl storage shed. There is also a gated asphalt parking pad accessed from the back lane, measuring approximately 11' x 18' and providing parking for one vehicle. This home has been exceptionally well cared for, with numerous updates over the years. In 2026, new flooring was installed throughout, the walls and ceilings were freshly painted, and the toilets were replaced. Other improvements include the upgraded rear deck which was updated with composite floor and black railing along with a new vinyl storage shed in 2025, shingles and eavestroughing in 2019, and a new furnace, hot water tank and central air conditioning in 2015. In 2014, the windows and exterior doors were replaced. Located in the established Bower community, you’ll enjoy beautiful trails along the creek and surrounding natural areas, while being conveniently close to Red Deer Hospital, Red Deer Polytechnic, Bower Mall, South Red Deer shopping and a variety of everyday amenities. Easy highway access adds to the convenience. Pride of ownership is evident throughout this immaculate, pet-free and smoke-free home, lovingly cared for by the owner for approximately 17 years. A wonderful opportunity for anyone looking for a move-in-ready home in a convenient and established Red Deer location—with NO CONDO FEES!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,284 · tax $186 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Red Deer: CMHC's average there ($1,418) raised by what new tenants pay against everyone in the Red Deer area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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about $2,896 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,233 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 76/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 22 places to eat or drink, 2 cafes, 11 parks and playgrounds, 9 transit stops.
mihom score from OpenStreetMap places, by straight line distance.