Johnstone Park, Red Deer · MLS® A2353368
322
1,049 sq ft · 4,243 sq ft lot · Townhouse · Single Family · built 2004 · 1 day on market
listed by Shane Opp, 2 Percent Realty Advantage
FABULOUS 3 BEDROOM, 2 BATH END-UNIT BUNGALOW CONDO WITH ATTACHED GARAGE! Welcome to this fantastic bungalow-style end-unit condo in Springfield Crossing, a beautifully maintained 45+ gated community offering comfortable, low-maintenance living! The inviting open-concept main floor features laminate flooring, a well-appointed kitchen with a movable island, eat-up bar, stainless steel appliances, a large corner pantry, and plenty of cabinetry and counter space. The adjoining dining area is filled with natural light, while the cozy living room features a corner gas fireplace and access to the newer upper back deck, perfect for enjoying your morning coffee or relaxing outdoors. The spacious primary bedroom offers a large walk-in corner closet, while a second generously sized bedroom, a 4-piece main bathroom, convenient main-floor laundry, and direct access to the attached garage complete this level. The fully developed lower level provides even more living space, featuring a huge family room, a third spacious bedroom, a 4-piece bathroom, and tons of storage even room to start a new hobby such as wine making. Enjoy the added comfort of operational in-floor heating, along with a walkout to the covered concrete patio, creating another wonderful space to unwind.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,503 · tax $286 · strata $340 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Red Deer: CMHC's average there ($1,677) raised by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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 $3,390 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $3,436 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 48/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 6 parks and playgrounds, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.