Vanier East, Red Deer · MLS® A2350737
241
1,299 sq ft · 1,451 sq ft lot · Townhouse · Single Family · built 2015 · 16 days on market
listed by Kevin Durling, Royal LePage Network Realty Corp.
Welcome to this delightful 2 bedroom, 4 bathroom townhouse perfectly suited for first time home buyers and investors alike. Situated in the sought after southeast side of town. This home boasts a unique floorplan and an abundance of natural light. The inviting living room features a grand high ceiling, creating a spacious and welcoming atmosphere. The modern kitchen and dining area overlook the living room. Upstairs you’ll find 2 generously sized master bedrooms, each complete with its own ensuite providing privacy and comfort. The finished basement presents an additional living room, currently used as another bedroom along with a convenient 3 piece bathroom. Enjoy the fenced and landscaped backyard, perfect for relaxing or play. With a single garage and proximity to shopping, parks and scenic walking paths, this townhouse truly has it all.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,612 · tax $285 · strata $329 · insurance ~$175 · 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 $3,635 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $3,423 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 28/100 · Mostly by car
Within a 10 minute walk: 9 parks and playgrounds, 8 transit stops.
mihom score from OpenStreetMap places, by straight line distance.