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48, 20 Jacobs Close
homes for sale · Red Deer · Johnstone Park
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$199,900

48, 20 Jacobs Close

Johnstone Park, Red Deer · MLS® A2351217

211

897 sq ft · Townhouse · Single Family · built 2004 · 17 days on market

listed by James Torrens, Real Broker

realtor's description

Enjoy comfortable, low-maintenance living in this spacious top-floor, two-bedroom condo with no neighbors above. Located in Sun Village in Red Deer’s Johnstone Park neighborhood, this home combines in-floor heating, a practical layout, and a west-facing balcony—an inviting spot to enjoy the afternoon sun and unwind. The generously sized living and dining areas offer plenty of room to relax and entertain, with sliding doors leading onto the balcony. The kitchen features a refrigerator, stove, and dishwasher replaced within the past two years, adding everyday convenience and value. Both bedrooms sit on the east side of the home, separate from the main living area, providing flexibility for guests or a home office. A four-piece bathroom, in-suite laundry, and an assigned parking stall round out the home’s practical features.Condo fees include heat, water, sewer, garbage collection, and snow removal, helping simplify your monthly budget and reduce upkeep. Whether you’re purchasing your first home, downsizing, or adding to your investment portfolio, this top-floor condo offers space, comfort, and easy ownership at an approachable price.

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
1
living area
897 sq ft
parking
1
year built
2004
property tax
$1,805 / yr
strata fee
$449 / mo ($0.50 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
17
MLS®
A2351217

features

  • No Smoking Home
  • Pets Allowed With Restrictions
  • Refrigerator
  • Dishwasher
  • Stove
  • Microwave

monthly cost

$1,470/mo
Mortgage $871 · Tax $150 · Strata $449

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$871/ monthly
loan $159,920
25-year amortization
total interest
$101,364
land title fees
$460
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$40,440
down + land title fees
total paid
$261,284

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
−$330/mo
cap rate
3.2%
yearly net rent ÷ price

Costs: mortgage $871 · tax $150 · strata $449 · insurance ~$175 · 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

location

Johnstone Park, Red DeerGoogle Maps ↗

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listed by
James Torrens
Real Broker
call James · 403-877-1868
Powered by: REALTOR.ca
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similar homes nearby

property tax

about $1,964 a year

The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).

The listing shows $1,805 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

Johnstone Park, Red DeerGoogle Maps ↗
Drive times
  • Aspen Heights Elementary5 min
  • Parkland Mall8 min
  • Downtown Red Deer9 min
  • Red Deer Regional Hospital Centre11 min
  • Red Deer Polytechnic11 min
  • Lindsay Thurber Comprehensive High12 min
40

Walkability 40/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 6 parks and playgrounds, 6 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

201, 60 Jacobs Close, Red Deer
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201, 60 Jacobs Close, Red Deer, photo 8
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