Downtown Red Deer, Red Deer · MLS® A2338356
111
786 sq ft · Condo · Single Family · built 2000 · 67 days on market
listed by Les Anderson, Royal LePage Network Realty Corp.
Enjoy comfortable secure condo living in Sierra's of Taylor, a well maintained adult community known for its exceptional amenities including an in-door swimming pool, library, craft room, guest suite, workshop, exercise room, party room, games room & a convenient car wash bay. Open floor plan with 9' ceilings, a spacious entry, one bedroom plus a good size den. Good size living room with a gas fireplace, bay window & garden door to a covered deck with a gas outlet for a barbequing. The primary bedroom is a good size & has double closets. In-suite laundry with a stacking washer/dryer. Condo fees include heat, water, power, cable, internet, land line phone, garbage, common area maintenance inside & out & an on site manager.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $915 · tax $200 · strata $660 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Red Deer: CMHC's average there ($1,220) lowered 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 $2,063 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,398 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 91/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 25 places to eat or drink, 10 cafes, 2 parks and playgrounds, 1 school, 1 pharmacy, 24 transit stops.
mihom score from OpenStreetMap places, by straight line distance.