Condo
$125,000
3, 5 Stanton Street
Sunnybrook, Red Deer286 days on market
listed by RE/MAX real estate central alberta
MLS® A2278580
27, 11 Stanton Street
$120,000
27, 11 Stanton Street
Sunnybrook, Red Deer · MLS® A2326276
211
839 sq ft · Condo · Single Family · built 1974 · 114 days on market
listed by Barb McIntyre, RE/MAX real estate central alberta
realtor's description
WELCOME to one of Red Deer’s most desirable neighbourhoods for all the right reasons. This cute little 2-bedroom condo is perfect for first time home buyers or downsizing into an easy lifestyle with virtually maintenance free living. We offer a nice sized living/dining area, 2 bedrooms, a full bath plus insuite laundry and a walk in pantry, a functional kitchen plus in-suite laundry. This unit also includes one assigned parking stall and a private exterior storage unit. Pets are allowed: cats and dogs less than 12” in height are allowed upon board approval. The well below market asking price reflects the current increase in condo fees associated with the extensive building improvements making this an investment for future in an area that continues to remain on top for desirability. Condo fees include heat, water, sewer, garbage collection, exterior maintenance, landscaping, professional management, building insurance and Loan Contribution for current renovation costs. A pleasure to show!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 839 sq ft
- parking
- 1
- year built
- 1974
- property tax
- $1,404 / yr
- strata fee
- $904 / mo ($1.08 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 114
- MLS®
- A2326276
features
- PVC window
- No Smoking Home
- Parking
- Pets Allowed With Restrictions
- Refrigerator
- Dishwasher
monthly cost
$1,544/mo
Mortgage $523 · Tax $117 · Strata $904
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,430/mo
- after all costs
- −$263/mo
- cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $523 · tax $117 · strata $904 · 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
location
Sunnybrook, Red DeerGoogle Maps ↗
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