Kentwood East, Red Deer · MLS® A2333352
111
603 sq ft · Condo · Single Family · built 2003 · 87 days on market
listed by Chad Jensen, Royal LePage Network Realty Corp.
Welcome to Monarch Place, a well-maintained, wheelchair-accessible condominium complex in Red Deer. This bright 1-bedroom condo is designed with handicap accessibility in mind and features an open-concept living room and kitchen that flows nicely for everyday living and entertaining. The unit includes a fully accessible handicap bathroom and kitchen with a private south-facing balcony on the 3rd floor — perfect for enjoying your morning coffee or evening sun. Professionally managed building with condo fees that include heat, water, sewer, garbage removal, snow removal, grounds maintenance, and reserve fund contributions. Convenient location close toshopping, restaurants, parks, and walking trails. An excellent opportunity for first-time buyers, downsizers, or investors looking for anaccessible, low-maintenance home.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
about $1,326 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $1,290 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.
Costs: mortgage $588 · tax $108 · strata $245 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Red Deer: CMHC's average there ($1,220) lowered 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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Walkability 46/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 5 places to eat or drink, 6 parks and playgrounds, 1 school, 13 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.