Downtown Red Deer, Red Deer · MLS® A2341612
211
929 sq ft · Condo · Single Family · built 1999 · 54 days on market
listed by Kevin Shattock, Royal LePage Network Realty Corp.
Welcome to 55+ ACTIVE Living condo life. This 1 bedroom with a den had the floors done 3 years ago along with kitchen lights. Enjoy the 3 season room/balcony as it is fully enclosed with windows.\, plus the comforts having a pool and hot tub that is accessible anytime as an owner with your amenity key. There is a gym, wood working shop, vehicle wash bay, vacuum bay, bike storage and for a small annual fee, you can rent a locker in the wood shop to store your tools. There are 4 suites, 1 on each floor, that can be rented for when family or friends come to visit. There are also a number of social events, such as, play cards, pool, snooker, darts, dinner gatherings, just to name a few. You can rent the party room on the 3rd floor for your family gatherings, as it is complete with a kitchen and tables and chairs. The outside court yard also has tables and chairs, along with BBQ's that you can use at your leisure. The Golden Circle, Red Deer Tennis Club, Rec Center, FreshCo, Shell and CO-OP gas bar are some of the places within a block or 2 of Sierra Grand.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,253 · tax $222 · strata $723 · 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 $2,825 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,669 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 94/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 22 places to eat or drink, 6 cafes, 5 parks and playgrounds, 1 school, 3 pharmacies, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.