Lonsdale, Red Deer · MLS® A2350181
211
838 sq ft · Condo · Single Family · built 2002 · 20 days on market
listed by James Torrens, Real Broker
Easy living on the south end of Red Deer! This 2 bedroom 1 bath condo is well suited to someone looking to stay on budget with condo fees that cover water/electricity/heat and more ! Vinyl plank flooring throughout the unit adds a quality feel, with northeast facing balcony, in suite stackable laundry and all the desired appliances including a dishwasher, in one of the most desirable areas of Red Deer with Hunting Hills. Notre Dame High School and the Collicut Center being only minutes away, not to mention Mattie Mcullough Elementary school right next door. Immediate possession available, great for 1st time buyer's, investors or downsizing.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $871 · tax $169 · strata $488 · 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
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about $1,964 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,023 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 41/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 13 parks and playgrounds, 1 school, 13 transit stops.
mihom score from OpenStreetMap places, by straight line distance.