Lancaster Green, Red Deer · MLS® A2351833
221
937 sq ft · Condo · Single Family · built 2009 · 13 days on market
listed by Colton Charest, eXp Realty
Welcome to Venue Living — the perfect blend of comfort, convenience, and modern style! This beautifully designed 2 bedroom, 2 bathroom condo presents an incredible opportunity whether you're a first-time home buyer, downsizer, or investor looking for a property that checks all the boxes.Step inside and you’ll immediately appreciate the open-concept floor plan, offering seamless flow between the kitchen, dining, and living areas. Large windows flood the space with natural light, creating a bright and welcoming atmosphere you’ll love coming home to. The two spacious bedrooms are thoughtfully positioned for privacy, making this layout ideal for roommates, guests, or a young family.One of the standout features is the in-unit laundry — a convenience you’ll never want to live without again!But the benefits don’t stop at your door. Venue Living offers a fantastic selection of building amenities, including:A fully equipped fitness facility — no gym membership requiredSecure underground parking for year-round comfort and peace of mindAdditional great amenities designed to make everyday living easier and more enjoyableWhether you’re relaxing at home, hosting friends, or taking advantage of everything the building has to offer, this condo truly delivers exceptional value in a sought-after location. Don’t miss your chance to get into the market with a property that has all the essentials — and then some!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $937 · tax $176 · strata $558 · 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 $2,113 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,108 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.