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51, 31 Alford Avenue
homes for sale · Red Deer · Anders Park
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$264,900

51, 31 Alford Avenue

Anders Park, Red Deer · MLS® A2351507

321

1,092 sq ft · 534 sq ft lot · Townhouse · Single Family · built 1976 · 15 days on market

listed by Cindy Price, Realty Executives Alberta Elite

realtor's description

Welcome to this beautifully renovated end-unit, two-story townhome in desirable Anders Village. Fully updated in 2026, this move-in-ready home features a bright, modern kitchen with all Brand New Stainless Steel Appliances and an abundance of brand-new cabinetry, gorgeous countertops and a convenient corner sink. The spacious living area offers durable vinyl plank flooring, stylish open stair risers and an oversized window that fills the space with natural light. Upstairs, you’ll find three generously sized bedrooms and a beautifully renovated four-piece bathroom with custom finishes. Mechanically Sound with New High Efficiency Furnace and New Hot Water Tank. Enjoy summer evenings in the fenced, south-facing backyard. The property includes one assigned parking stall, with visitor parking available. Pets are welcome! Condo Association is very Strong and Condo Fees are low.

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
2
living area
1,092 sq ft
lot
534 sq ft
parking
1
year built
1976
property tax
$2,210 / yr
strata fee
$345 / mo ($0.32 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
15
MLS®
A2351507

features

  • See remarks
  • Parking
  • Pets Allowed With Restrictions
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$1,683/mo
Mortgage $1,154 · Tax $184 · Strata $345

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

estimated payment
$1,154/ monthly
loan $211,920
25-year amortization
total interest
$134,323
land title fees
$580
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$53,560
down + land title fees
total paid
$346,243

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
$1,740/mo
after all costs
−$258/mo
cap rate
4.1%
yearly net rent ÷ price

Costs: mortgage $1,154 · tax $184 · strata $345 · 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

location

Anders Park, Red DeerGoogle Maps ↗

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listed by
Cindy Price
Realty Executives Alberta Elite
call Cindy · 403-302-2353
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

property tax

about $2,603 a year

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

The listing shows $2,210 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

Anders Park, Red DeerGoogle Maps ↗
Drive times
  • Annie L. Gaetz Elementary2 min
  • Hunting Hills High4 min
  • Downtown Red Deer6 min
  • Red Deer Regional Hospital Centre6 min
  • Bower Place6 min
  • Red Deer Polytechnic8 min
34

Walkability 34/100 · Mostly by car

Within a 10 minute walk: 18 parks and playgrounds, 2 schools, 18 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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