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402, 69 Ironstone Drive
homes for sale · Red Deer · Ironstone
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$298,000

402, 69 Ironstone Drive

Ironstone, Red Deer · MLS® A2347706

222

1,028 sq ft · Condo · Single Family · built 2007 · 32 days on market

listed by Milena Toncheva, Century 21 Maximum

realtor's description

There is something special about being on the top floor, at the end of the hall, with beautiful city views outside your windows. ?This BRIGHT, SPACIOUS AND BEAUTIFULLY DESIGNED 1,030 sq. ft. top-floor end-unit condo offers an exceptional combination of COMFORT, CONVENIENCE AND LOCATION!The open floor plan is filled with natural light from the large windows. The gorgeous kitchen features luxury granite countertops, an abundance of cabinetry and plenty of workspace, opening naturally to the dining and living areas.The thoughtfully designed layout offers 2 bedrooms and 2 full bathrooms, including a spacious primary bedroom with its own 4-piece ensuite. A second 4-piece bathroom, in-suite laundry, central A/C and a welcoming foyer add to the everyday comfort of this lovely home.Step outside onto the large covered balcony and enjoy wonderful views of the city.The building offers a cozy lobby, elevators, one underground parking stall plus one ground-level parking stall, along with convenient visitor parking. Pets are permitted with Board approval.Condo fees include heat, water, sewer, garbage, exterior insurance, reserve fund contributions and exterior and common area maintenance.The location is hard to beat, with parks, walking trails, shopping, restaurants, schools and recreational facilities all close by.A fantastic opportunity for the busy professional, downsizer, or anyone looking for a bright and comfortable home where convenience and easy living come together beautifully.

listed by
Milena Toncheva
Century 21 Maximum
call Milena · 403-304-5265
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property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,028 sq ft
parking
2
year built
2007
property tax
$2,839 / yr
strata fee
$518 / mo ($0.50 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
32
MLS®
A2347706

features

  • Elevator
  • PVC window
  • Closet Organizers
  • No Animal Home
  • No Smoking Home
  • Gas BBQ Hookup

monthly cost

$2,052/mo
Mortgage $1,298 · Tax $237 · Strata $518

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee 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
−$772/mo
cap rate
2.1%
yearly net rent ÷ price

Costs: mortgage $1,298 · tax $237 · strata $518 · 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

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

location

Ironstone, 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 $2,839 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

Ironstone, Red DeerGoogle Maps ↗
Drive times
  • Don Campbell Elementary3 min
  • Notre Dame High4 min
  • Bower Place7 min
  • Downtown Red Deer10 min
  • Red Deer Regional Hospital Centre10 min
  • Red Deer Polytechnic11 min
62

Walkability 62/100 · Walkable: many errands on foot

Within a 10 minute walk: 1 grocery store, 7 places to eat or drink, 1 cafe, 14 parks and playgrounds, 2 pharmacies, 12 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

56, 45 Ironstone Drive, Red Deer
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Townhouse
$359,900
4methe deep dive
56, 45 Ironstone Drive
Ironstone, Red Deer18 days on market
listed by RE/MAX real estate central alberta
3321,466 sq ft
MLS® A2350767
206, 69 Ironstone Drive, Red Deer
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Condo
$255,000
4methe deep dive
206, 69 Ironstone Drive
Ironstone, Red Deer83 days on market
listed by RE/MAX real estate central alberta
22
2
930 sq ft
MLS® A2334294