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4, 4240 46A Ave Crescent
homes for sale · Red Deer · Parkvale
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$298,000

4, 4240 46A Ave Crescent

Parkvale, Red Deer · MLS® A2349370

211

891 sq ft · 2,230 sq ft lot · Townhouse · Single Family · built 1986 · 24 days on market

listed by Shantel Campbell, Royal LePage Network Realty Corp.

realtor's description

Enjoy main-floor living in this 55+ community, set in a mature neighbourhood close to amenities. This 2-bedroom, 1-bathroom home features a single attached garage and a three-season room off the main living area, plus enclosed storage room. Backing onto a greenbelt, it offers a peaceful setting near parks, the Golden Circle, recreation facilities and swimming pools, with convenient access to downtown shopping and restaurants. Lawn maintenance and snow removal are taken care of for a low annual fee of approximately $950, making everyday living easy.

property details

similar homes nearby

type
Townhouse, Single Family
bedrooms
2
bathrooms
1
living area
891 sq ft
lot
2,230 sq ft
parking
1
year built
1986
property tax
$2,339 / yr
strata rules
Age Restrictions
days on market
24
MLS®
A2349370

features

  • Other
  • Age Restrictions
  • Washer
  • Refrigerator
  • Stove
  • Dryer

monthly cost

$1,493/mo
Mortgage $1,298 · Tax $195

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$1,298/ monthly
loan $238,400
25-year amortization
total interest
$151,107
land title fees
$640
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$60,240
down + land title fees
total paid
$389,507

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,430/mo
after all costs
−$353/mo
cap rate
3.8%
yearly net rent ÷ price

Costs: mortgage $1,298 · tax $195 · 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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Shantel Campbell
Royal LePage Network Realty Corp.
call Shantel · 403-396-0721
Powered by: REALTOR.ca
▶ virtual tour

location

Parkvale, Red DeerGoogle Maps ↗

property tax

about $2,928 a year

The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).

The listing shows $2,339 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.

location

Parkvale, Red DeerGoogle Maps ↗
Drive times
  • Downtown Red Deer3 min
  • Red Deer Regional Hospital Centre4 min
  • Grandview Elementary4 min
  • Lindsay Thurber Comprehensive High6 min
  • Bower Place7 min
  • Red Deer Polytechnic9 min
71

Walkability 71/100 · Walkable: many errands on foot

Within a 10 minute walk: 1 place to eat or drink, 8 parks and playgrounds, 17 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

4624 49 Street, Red Deer
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4624 49 Street, Red Deer, photo 8
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4618 49 Street, Red Deer, photo 2
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4613 44 Street, Red Deer, photo 5
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