Anders South, Red Deer · MLS® A2348805
231
1,356 sq ft · 2,265 sq ft lot · Townhouse · Single Family · built 2002 · 23 days on market
listed by Jason Walz, LPT Realty
No condo fees, a fully fenced yard , 2 bedrooms with 2 ensuites, and a fantastic Anders South location—303 Addington Drive has a lot to love! This 1,356 sq. ft. home offers two bedrooms, two and a half bathrooms and the space to settle in comfortably.The unfinished basement is a blank canvas for whatever comes next: a family room, home office, workout space or simply plenty of storage. Outside, the south facing fenced yard gives you your own place to relax, entertain or enjoy a summer evening.With schools, parks and shopping close by, this is a location that makes daily life easy. Homes in Anders South are always in demand—come see what makes this one such a great opportunity.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,438 · tax $263 · 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 $3,243 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $3,161 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 55/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 12 parks and playgrounds, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.