Michener Hill, Red Deer · MLS® A2345639
121
936 sq ft · Condo · Single Family · built 2011 · 38 days on market
listed by Paul Jones, RE/MAX real estate central alberta
Welcome to retirement living in one of the more sought after 55+ buildings in the city. You will enjoy this 1 bedroom plus den, 2 bathroom main Floor apartment with a view to the East that over looks the large patio area with gazebo, benches, flowers and a totally relaxing view from any of the large windows or your balcony. Spacious kitchen with lots of counter space and plenty of cabinets and storage. Very open and bright design with huge windows allowing lots of natural light. Large 18" living room and good size bedroom with walk in closet and a 4Pc ensuite. Den features etched glass door and makes for a great office area . Self contained laundry room with washer/dryer and room for a freezer. Building offers lots of amenities from social calendar to the gym, games room, Pool table, coffee room, Library and more. 1 underground heated parking stall and adjacent storage room. All located in a quiet mature area with walking paths and trails to the river valley. if your ready to downsize or retire, come take a look.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,590 · tax $246 · strata $535 · 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 $3,586 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,949 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 24/100 · Mostly by car
Within a 10 minute walk: 2 places to eat or drink, 7 parks and playgrounds, 13 transit stops.
mihom score from OpenStreetMap places, by straight line distance.