Downtown Red Deer, Red Deer · MLS® A2340304
211
933 sq ft · Condo · Single Family · built 1999 · 58 days on market
listed by Dale Devereaux, Century 21 Maximum
55+ Adult living. Large tiled entryway leads you to the well-kept unit. The living room has lots of natural light, a corner gas fireplace with an oak mantel and tile surround, and a garden door out to the covered deck. This unit has laminated flooring throughout. The kitchen is quite large with lots of oak cabinets and ceiling lighting. 2 bedrooms/den. The laundry room is in-suite for your convenience. This building has so much to offer: an indoor heated pool and hot tub, games room, library, fitness center,lots of sitting areas in the main lobby for you to relax in front of the cozy fireplace. There is a car wash and workshop on the premises. 4 units in the building 1 on every floor for you family or friends to come visit. Outside community court yard has lots on entertaing spaces with chairs, gazebo and a BBQ. You can also join in on the social events int the building, such as games ,cards,pool or darts. Close to all the shopping downtown that is walkable.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,089 · tax $210 · strata $708 · insurance ~$35 · 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
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
about $2,456 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,520 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 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 26 places to eat or drink, 8 cafes, 6 parks and playgrounds, 1 school, 3 pharmacies, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.