Johnstone Park, Red Deer · MLS® A2325676
211
739 sq ft · 741 sq ft lot · Townhouse · Single Family · built 2009 · 116 days on market
listed by Ujjwal Kaushik, Century 21 Maximum
Welcome to this well-maintained corner apartment offering 2 bedrooms and 1 full bathroom, featuring numerous upgrades throughout. As you step inside, you're greeted by a bright, open-concept living room filled with natural light. Adjacent to the living area is a functional kitchen complete with white cabinetry, ample storage, and a central island for dining or entertaining. The home features vinyl flooring throughout along with newer paint. With its thoughtful updates, ample windows, and convenient location close to everyday amenities, this move-in-ready home is an excellent opportunity for first-time buyers, downsizers, or investors alike.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $958 · tax $161 · strata $200 · 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 $2,161 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $1,928 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: 14 parks and playgrounds, 2 schools, 15 transit stops.
mihom score from OpenStreetMap places, by straight line distance.