Deer Park Estates, Red Deer · MLS® A2354090
322
1,185 sq ft · 18,385 sq ft lot · Townhouse · Single Family · built 1992 · 2 days on market
listed by Andrew Russell, RE/MAX real estate central alberta
NO CONDO FEES | 3 BEDROOMS | GREAT LOCATION | Poly B plumbing has all been replaced with PEX. Situated in a quiet close in Deer Park Estates, this 2 storey townhome offers a practical layout, private fenced yard, and paved off-street parking, all within easy reach of schools, parks, playgrounds, walking trails, the Collicutt Centre, and nearby shopping. With 1,185 sq ft above grade plus an unfinished basement, there’s comfortable living space now and room to add more in the future. Inside you’ll find a large front living room with plenty of space to relax, while the kitchen and dining area are located at the rear of the home. The eat-in kitchen offers oak cabinetry with updated hardware, stainless steel appliances, and a functional layout, and the adjoining dining space is brightened by a large bay window overlooking the backyard. A convenient 2-piece bathroom and rear entry complete the main floor. Upstairs are three bedrooms, including a generously sized primary bedroom with dual closets. The two additional bedrooms offer good flexibility for sleeping space, an office, or hobbies, and all three share the full 4-piece bathroom. The full basement is unfinished and includes laundry, utility, and storage space, giving you the option to finish it to suit your needs while still keeping useful storage. Outside, the fenced backyard provides private outdoor space, while alley access leads to a large paved parking pad with room for two vehicles. With no condo fees, three bedrooms together on the upper level, a full basement, and a convenient Deer Park location, this is a straightforward home with plenty of practical value.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,263 · tax $194 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Red Deer: CMHC's average there ($1,677) raised by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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 $2,849 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,326 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 68/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 5 places to eat or drink, 11 parks and playgrounds, 3 schools, 1 pharmacy, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.