Johnstone Park, Red Deer · MLS® A2341953
211
732 sq ft · Condo · Single Family · built 2009 · 53 days on market
listed by Tyne Gardiner, eXp Realty - Sylvan Lake
This well-maintained ground-level condo in Johnstone Landing offers the perfect combination of comfort, convenience, and low-maintenance living. With no stairs to navigate, this unit is ideal for first-time buyers, downsizers, or investors alike. Featuring 2 spacious bedrooms and a full 4-piece bathroom, the bright and open-concept layout is filled with natural light from the large windows. The functional kitchen is complete with an island, corner pantry, and includes all appliances, making meal preparation and entertaining a breeze. The adjoining living room provides a welcoming space to relax and unwind. Enjoy the added comfort of in-floor heating during the colder months, while the convenient in-suite laundry room comes equipped with a stacked washer and dryer. Small pets are permitted with board approval, adding to the appeal of this pet-friendly home. An assigned parking stall with plug-in is included, along with ample visitor parking. Located in the desirable community of Johnstone Landing, you'll appreciate the easy access to nearby amenities, parks, schools, and major routes. Affordable, comfortable, and move-in ready this is condo living at its best!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $911 · tax $159 · strata $200 · 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 $2,054 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $1,905 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 25/100 · Mostly by car
Within a 10 minute walk: 15 parks and playgrounds, 2 schools, 13 transit stops.
mihom score from OpenStreetMap places, by straight line distance.