Vanier East, Red Deer · MLS® A2353223
232
1,272 sq ft · 1,394 sq ft lot · Townhouse · Single Family · built 2016 · 6 days on market
listed by Chad Jensen, Royal LePage Network Realty Corp.
Beautiful end-unit condo in the desirable Vanier East neighborhood! This well-maintained 2-storey home offers approximately 1,272 sq ft of bright, inviting living space with large windows that flood the home with natural light throughout. It features two generously sized primary bedrooms, each with its own full 4-piece ensuite—ideal for families, roommates, or guests seeking privacy. Upper-level laundry adds everyday convenience. The main floor flows seamlessly from a stunning kitchen with upgraded appliances, full subway-tile backsplash, abundant cabinetry, and an eating bar into a bright living room and spacious dining area. Enjoy outdoor entertaining on the concrete patio pad and fully fenced yard. This unit comes with two assigned parking stalls for added convenience. Low condo fees cover exterior maintenance, landscaping, and snow removal year-round. Conveniently located near walking trails, schools, ponds, and parks, this end unit delivers privacy, abundant natural light, and excellent value in a sought-after community.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,307 · tax $230 · strata $287 · 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 $2,947 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $2,757 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 27/100 · Mostly by car
Within a 10 minute walk: 9 parks and playgrounds, 9 transit stops.
mihom score from OpenStreetMap places, by straight line distance.