Lancaster Green, Red Deer · MLS® A2338739
231
1,063 sq ft · Condo · Single Family · built 2009 · 62 days on market
listed by Richard Pochylko, Century 21 Advantage
The convenience of apartment condo lifestyle with access to amenities including heated underground parking, a fully equipped fitness centre, a private theatre room, social and event spaces, a beautifully landscaped courtyard complete with BBQs and firepit as well as a car wash bay! Yet your own totally private entrance... no waiting for the elevator! This VENU Living home is unique. Enter from the south courtyard directly to your home, or enter through the main entrance just down the hall. Nine foot ceiling on both levels adds to the spacious feel. Ultra modern kitchen/dining area that features grey cabinetry, built in stainless appliances and granite counters. Large eating island comes with 6 stools. Upper level has 2 bedrooms. Primary has a walk through ensuite with larger tiled shower. This unit has 1 titled underground parking stall. Built for an exciting entertaining lifestyle, Venu will not disappoint.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,002 · tax $188 · strata $663 · 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 $2,259 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,255 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 53/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 16 parks and playgrounds, 1 school, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.