Downtown Red Deer, Red Deer · MLS® A2328541
211
1,009 sq ft · Condo · Single Family · built 2011 · 80 days on market
listed by Tim Link, Century 21 Maximum
Welcome to this beautiful 2-bedroom, 1-bath top-floor corner unit offering quiet, executive-style living above a professional office complex in the heart of downtown Red Deer. If you’re looking for a peaceful condo where you won’t hear your neighbours, this is the one. The high ceilings allow the sunlight to pour through the living room and both bedrooms, creating a warm, inviting space filled with natural light. The separated bedroom layout provides excellent privacy for roommates, guests, or a home office. Both bedrooms are impressively large for condo living—the primary easily accommodates a king bed with room to spare. The unit features hardwood flooring, rich chocolate brown cabinetry, and granite countertops in both the kitchen and bathroom. An oversized front entry closet offers abundant storage, and the convenience of one heated underground parking stall adds comfort year-round. This building received a brand-new exterior and roof in early 2026, giving it a fresh, modern look and long-term peace of mind. There is AC in the hallways but not in the unit. Some new paint in the unit and fibre optics upgrade now in the building. Residents enjoy two elevators, secure access, and a pet-friendly policy allowing one dog or two cats. Living downtown means everything is at your doorstep—FreshCo, the public library, the rec centre, and beautiful walking paths are all just minutes away. You’re a short stroll to Red Deer’s vibrant core with its restaurants, cafés, shops, fitness studios, and professional services, plus only a 7-minute drive to Red Deer Polytechnic. Downtown Red Deer offers an energetic, walkable lifestyle with year-round events, easy transit access, and quick connections to parks, trails, and the river valley. An excellent fit for young professionals, retirees, or anyone seeking convenience, comfort, and modern urban living in one of Red Deer’s most connected locations.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $827 · tax $161 · strata $535 · 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 $1,866 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $1,927 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.