Normandeau, Red Deer · MLS® A2348423
322
964 sq ft · Townhouse · Single Family · built 1977 · 25 days on market
listed by Pamela Brauer, KIC Realty
Updated end unit townhouse with fully finished basement on a corner lot in Normandeau. The main floor has a bright living room, a dining area, and an updated kitchen with brand new countertops and a large wall pantry. Freshly painted and all new flooring throughout! Upstairs you'll find three bedrooms and an updated full bathroom. The fully finished basement adds a family room, a home office, and a 3 piece bathroom, giving you two bathrooms and plenty of extra living space. New carpet and fresh paint throughout make it clean and move-in ready. The washer & dryer newer as well. Outside, there's a small, low maintenance fenced yard with a storage shed, plus two parking stalls. The windows and roof have been replaced by the condo corporation. Close to schools, parks, shopping, and transit. Furnace is being serviced as well as duct cleaning. Aluminum windows were replaced 15 years ago. All new switches and plugs as well. The living room and dining photos already have a "Virtually staged"
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $867 · tax $160 · strata $518 · 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 $1,955 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $1,919 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 84/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 20 places to eat or drink, 2 cafes, 13 parks and playgrounds, 1 school, 1 pharmacy, 11 transit stops.
mihom score from OpenStreetMap places, by straight line distance.