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2108 23 Avenue Close
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Beds
3
Baths
2 full + 1 half
Sqft
618
Year
1976
Type
Single Family
On market
0d
Welcome to this affordable half duplex in the friendly community of Bowden, offering the freedom of home ownership with NO condo fees.Situated on a quiet close with limited traffic, this property is an excellent fit for first-time buyers, young families, or anyone seeking a manageable home in a peaceful setting. The fully fenced yard provides a safe space for children and pets, while the playground directly behind the property and nearby skate park create the kind of neighbourhood where kids can simply enjoy being kids. With no neighbours immediately behind you, you'll appreciate the added sense of privacy.The bi-level layout offers three bedrooms, one and a half bathrooms, main floor laundry, and comfortable living spaces that make everyday life easy. A private rear parking pad provides off-street parking, and the move-in ready condition allows you to settle in and enjoy your new home from day one.Recent improvements include new bedroom windows installed in 2025, the roof was replaced in 2023 and professional duct cleaning completed in 2026, providing added peace of mind for the next owner.Bowden is a welcoming small-town community located just 15 minutes from Olds and approximately 25 minutes from Red Deer. Residents enjoy a K-12 school, arena, golf course, library, local shops and restaurants, and a strong community spirit highlighted by the town's well-known annual rodeo.Whether you're looking for your first home, hoping to build equity instead of paying rent, or searching for an affordable addition to your investment portfolio, this property offers outstanding value in a family-friendly location. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 10.75 Ft x 8.17 Ft | |
| Bedroom | 10.83 Ft x 8.33 Ft | |
| Bedroom | 10.25 Ft x 13.67 Ft | |
| Furnace | 3.58 Ft x 6.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| Dining room | 10.50 Ft x 7.17 Ft | |
| Kitchen | 10.50 Ft x 12.08 Ft | |
| Living room | 11.17 Ft x 19.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
18.25%
Cap rate
8.51%
GRM
8.7
Break-even rent
$1,600
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 10, 2026.
Exact location of this listing.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Bowden. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.