Johnstone Crossing, Red Deer · MLS® A2329033
321
1,256 sq ft · 653 sq ft lot · Townhouse · Single Family · built 2006 · 102 days on market
listed by Mike Phelps, Royal LePage Network Realty Corp.
Great investment opportunity or first time buyers. This end unit townhouse has 3 bedroom on the uper level including the primary bedroom with a large walk-in closet. There is a 4 piece bathroom on the upper level as well. The main floor has a good sized living, a well appointed kitchen with garden door leading to the back patio. There is an additional 2 piece bathroom on this level as well as the seperate laundry room.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $915 · tax $159 · strata $280 · 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
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about $2,063 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $1,912 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 15/100 · Car needed for most errands
Within a 10 minute walk: 8 parks and playgrounds, 10 transit stops.
mihom score from OpenStreetMap places, by straight line distance.