Downtown Red Deer, Red Deer · MLS® A2335392
221
1,084 sq ft · Condo · Single Family · built 2011 · 79 days on market
listed by Nolin Maurier, Realty Experts Group Ltd
EXPERIENCE comfort and convenience in this upgraded top 4th-floor condo, ideally located in central Red Deer. Featuring an open-concept layout, the spacious kitchen offers granite countertops, a tiled backsplash, a large island, corner pantry, and ample cabinetry—perfect for cooking and entertaining. The bright living room is filled with natural light and opens onto a private balcony, ideal for relaxing or BBQing in the sunshine. The primary bedroom includes a walk-through closet and a 4-piece ensuite bathroom. A second bedroom, additional 3-piece bathroom with a stacked washer and dryer complete the unit. Enjoy 1 heated underground parking stall and the convenience of two elevators in the building. This pet-friendly property (with board approval: 1 dog or 2 cats allowed) offers executive-style living above a professional office complex—an excellent fit for young professionals or retirees who want to be close to Red Deer’s downtown amenities. Additional highlights include laminate flooring, stainless steel appliances (fridge, stove, built-in dishwasher), and modern finishes throughout.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $784 · tax $178 · strata $580 · 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.
about $1,768 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,134 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 99/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 26 places to eat or drink, 8 cafes, 7 parks and playgrounds, 2 schools, 3 pharmacies, 28 transit stops.
mihom score from OpenStreetMap places, by straight line distance.