Lancaster Green, Red Deer · MLS® A2350506
221
1,201 sq ft · Condo · Single Family · built 2009 · 18 days on market
listed by John Frere, CIR Realty
Freshly painted, spacious and filled with natural light, this third-floor corner unit at Venu Living is one you’ll want to see! Offering an impressive 1,201 sq. ft., this two-bedroom, two-bathroom condo combines a great floor plan with the space and features that make condo living comfortable. Large north- and west-facing windows wrap the main living area in natural light, while the open-concept design creates an inviting space to relax, entertain and enjoy everyday living.At the heart of the home is a modern kitchen featuring an oversized granite island, built-in stainless steel appliances, plenty of cabinetry and generous workspace. The large island provides a natural gathering place for morning coffee, casual meals or entertaining friends.The well-designed bedroom layout offers excellent separation and privacy. The primary bedroom features a generous walk-through closet leading to a private three-piece ensuite with a large tiled shower. On the opposite side of the condo, the second bedroom is conveniently located next to the full bathroom, making it ideal for guests, family or a home office.Fresh paint gives the entire condo a clean, bright feel, while warm wood-style flooring throughout the main living areas, in-suite laundry and a welcoming front entry add to the comfort and functionality. One titled parking stall in the heated underground parkade is also included.Venu Living offers much more than just a place to call home. Residents enjoy a fitness centre, theatre room, event kitchen, landscaped courtyard with BBQs and fire pit, and a convenient car wash bay. Located in desirable Lancaster Green, you’re close to shopping, schools, walking trails, transit and the many amenities of south Red Deer.If you’ve been looking for a spacious, move-in-ready condo with great natural light, a smart two-bedroom layout and an impressive collection of building amenities, this corner unit deserves a closer look.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,024 · tax $205 · strata $684 · 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
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
about $2,309 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,454 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.