8 days on Market

12A Ironside St #1413, Red Deer, Alberta T4R 3R6

In the same building:
-
Condo
2
2
~844.00 sqft
$247,000
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Condo
2
2
~844.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$292/sqft

Est. Mortgage$1,061/mo

Maintenance fees$426/mo

Tax Amount (2025)$1,939/yr

Days On Market8 days


Description

Investors! Add this maintenance free, cash flowing property with an excellent tenant already in place to your portfolio! Offering an 8% cap, the current tenant is paying $1700/mo and is in a lease until August 2026. This 2 bedroom, 2 bathroom, top floor suite offers a bright and open layout including a spacious dining area and u-shaped kitchen with clean white cabinetry and an eating bar that overlooks the living room. The living room is generously sized and leads to sliding patio doors to a private west facing covered balcony where BBQs are permitted. The primary suite includes a walk through closet and a full 4 piece ensuite, while the second bedroom is situated on the other side of the home near its own full 4 piece bathroom, great for roommates, guests, or kids. Additional features include in suite laundry with extra storage space and two assigned exterior parking stalls. Condo fees of $426.26 per month include electricity, heat, water, sewer, snow removal, exterior and common area maintenance, and professional management, making this a true hands off investment. Located steps from schools, playgrounds, trails, and everyday amenities, this income generating condo is the perfect addition to your real estate portfolio.


Property Details

StyleApartment-Single Level Unit
View-
Age of property2004
SqFt~844.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2224750
Community NameInglewood West
Data SourcePILLAR 9
Listing byRE/MAX real estate central alberta

Features

Heating: Baseboard,Natural Gas

Main Floor

Dining Room

14`1" x 10`2"

Kitchen

9`0" x 9`9"

Living Room

14`7" x 13`10"

Bedroom - Primary

10`8" x 12`1"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


4Story
Amenities

Elevator(s), Snow Removal, Trash, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 29, 2025
ListedActive
$247,000
8 days on market
history photo preview31
Listing by pillar 9®
Property listed by RE/MAX real estate central alberta, Brokerage
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Market Data - Inglewood West

Geo Zone Map ThumbnailInglewood West

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

0 day

2023

28 days

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

2023

0 listing

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$228,750

Compared to

2024

$230,000

2023

$175,000


Population and Demographics

Overview

Total population 998
Average household income $149,431

Age (%)

0 to 19
28%
35 to 49
24%
20 to 34
19%
50 to 64
18%
65 and plus
11%

Household composition (%)

Single family
74%
Single person
21%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
89%
Tagalog (Pilipino, Filipino)
3%
Others
3%
Spanish
2%
French
1%

House tenancy (%)

Owners
81%
Renters
19%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget