Evergreen, Red Deer · MLS® A2343540
442
1,291 sq ft · 206 m² lot · Townhouse · Single Family · built 2021 · 46 days on market
listed by Andrew Russell, RE/MAX real estate central alberta
FORMER FALCON HOMES SHOW HOME — Situated in sought after Evergreen, just minutes from parks, playgrounds, schools, and all the shopping and amenities of Clearview & Timberlands Markets, this stylish townhome stands out with a thoughtfully designed interior and plenty of personality. Offering 9’ ceilings, vinyl plank flooring, brand new carpet throughout, quartz countertops, upgraded appliances including a gas stove, a fully finished basement, and designer inspired details throughout, this is anything but your average townhome. Stepping inside, the spacious living room is filled with natural light from a large front facing window, creating a bright and welcoming space complete with a sleek electric fireplace and modern brick feature wall. The showpiece kitchen is beautifully finished with quartz countertops, matching upgraded appliances, stylish gold fixtures and hardware, and an oversized island with eating bar that provides plenty of space for gathering and entertaining. A generous dining area overlooks the back deck, and a convenient 2 pce bathroom completes the main level. Upstairs, you’ll find two nicely sized kids’ rooms that share the main 4 pce bathroom, while the spacious primary suite enjoys its own modern 3 pce ensuite with a tiled walk-in shower. The fully finished basement adds a ton of extra living space with a huge rec room that’s perfect for family movie nights, a kids’ play area, games room, or home gym. A spacious 4th bedroom and another stunning 3 pce bathroom with a beautifully fully tiled walk-in shower and heated tile floors complete this level. Outside, the backyard is fully landscaped and fenced, while the rear gravel parking pad provides space for two vehicles with convenient paved back alley access. Beautifully finished from top to bottom and ideally located in Evergreen, this former show home combines standout style with a functional layout and is truly a must see!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,852 · tax $308 · 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 $4,176 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $3,697 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 25/100 · Mostly by car
Within a 10 minute walk: 2 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.