Morrisroe Extension, Red Deer · MLS® A2350144
221
1,123 sq ft · 2,273 sq ft lot · Townhouse · Single Family · built 1984 · 19 days on market
listed by Shantel Campbell, Royal LePage Network Realty Corp.
Conveniently located close to schools and shopping, this two-bedroom, upper bonus room and one-and-a-half-bath townhouse in Morris Row features fresh paint and new laminate flooring throughout the main and upper floors. Additional updates include new toilets and a washer and dryer replaced in January 2026. Shingles on both the house and single detached garage are approximately three years old. Sliding doors off the kitchen lead to a back deck and fenced yard, offering space to relax or entertain. The single detached garage provides convenient parking and extra storage.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,198 · tax $199 · 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 $2,702 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,392 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 44/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 12 parks and playgrounds, 2 schools, 9 transit stops.
mihom score from OpenStreetMap places, by straight line distance.