Ironstone, Red Deer · MLS® A2334294
222
930 sq ft · Condo · Single Family · built 2007 · 83 days on market
listed by Karrie-Anne Brewster, RE/MAX real estate central alberta
Take a look at this well-designed apartment style condo located in one of Red Deer’s most desirable buildings. Offering over 1,295 square feet plus underground parking. This two bedroom, two bathroom unit features a functional layout with modern finishes throughout.The kitchen is nicely appointed with plenty of workspace and storage, and opens to a bright and spacious living room. The primary bedroom includes a walk through closet and a private 4 piece ensuite. The second bedroom is also a great size and is located near the additional four piece bath.This unit offers the convenience of in suite laundry with storage and air conditioning for year round comfort. The property comes with one assigned underground parking stall plus an additional above ground space.Located close to parks, schools, shopping, and restaurants, this condo is a great option for professionals, downsizers, or anyone looking for low-maintenance living in a fantastic location. Ready for immediate possession. Exterior parking stall #11 underground stall #52.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,111 · tax $39 · strata $465 · 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 $2,506 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $465 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 62/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 7 places to eat or drink, 1 cafe, 14 parks and playgrounds, 2 pharmacies, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.