Kingsgate, Red Deer · MLS® A2353090
322
647 sq ft · 3,132 sq ft lot · House · Single Family · built 2002 · 7 days on market
listed by Patrick Galesloot, Century 21 Advantage
Looking for a well-maintained investment property with rental income already in place? Welcome to 233 Kendrew Drive! This bi-level half duplex offers a functional floor plan, comfortable living spaces and the advantage of several interior improvements, including updated kitchen countertops, flooring and appliances.Offering approximately 647 sq. ft. above grade, plus additional lower-level living space, the home provides a practical layout suited to everyday living. The covered front entry is another welcome feature, while the property's overall condition reflects ongoing care and maintenance.Currently rented for $1,500 per month, with tenants responsible for utilities, the property offers an established income stream. The existing lease runs to July 1, 2027, making this an appealing option for investors seeking a rental property with tenancy already in place.An opportunity to add a well-cared-for property to your portfolio, with the adjoining 231 Kendrew Drive potentially available for those interested in purchasing both sides of the duplex.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
about $3,143 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,486 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.
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Walkability 28/100 · Mostly by car
Within a 10 minute walk: 7 parks and playgrounds, 1 school, 9 transit stops.
mihom score from OpenStreetMap places, by straight line distance.