Johnstone Park, Red Deer · MLS® A2344231
211
845 sq ft · 846 sq ft lot · Townhouse · Single Family · built 2008 · 45 days on market
listed by Brad Granlund, RCR - Royal Carpet Realty Ltd.
IMMEDIATE POSSESSION AVAILABLE! This fabulous 2 bedroom main floor condo has convenient exterior access, no stairs and very reasonable condo fees. Enjoy the carefree lifestyle of condo living with snow removal and yard maintenance all done for you! As you enter through the front door you'll be great with an open floor plan featuring a good size living room and nicely configured kitchen with centre island and dining room. The two bedrooms are very spacious (primary bedroom has walk in closet) as is the 4 piece bathroom. You'll also love the convenience of the in suite laundry complete with washer/dryer and handy storage area. Bring you pet! (Pets permitted with board approval). One exterior parking stall included and visitor parking. Don't miss this great opportunity for a turn key home-move in quick before the snow flies. The tankless hot water heater was replaced in January 2026.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $936 · tax $157 · strata $213 · 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 $2,112 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $1,881 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: 14 parks and playgrounds, 1 school, 13 transit stops.
mihom score from OpenStreetMap places, by straight line distance.