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2119 23 Ave Close
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Bowden · Single Family · under $350,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to this beautifully updated half duplex with a single detached garage, located in a quiet community with convenient access to everyday amenities. Thoughtfully refreshed throughout, this home offers stylish updates and a well designed layout, making it an excellent option for first time buyers, down sizers or investors. The main floor features fresh paint throughout most of the home, updated light fixtures, new trim and new flooring in the entryway. The bright kitchen has been modernized with freshly painted cabinetry, a timeless subway tile backsplash, ample counter space, plenty of storage and a walk in pantry. The adjoining dining area comfortably accommodates a full sized table, making it ideal for everyday living and entertaining. The spacious living room offers durable laminate flooring, a large window that fills the space with natural light and plenty of room for larger furniture. A convenient 2 pce bathroom and separate main floor laundry room complete this level. Downstairs you’ll find three bedrooms, including a spacious primary bedroom with a walk in closet, along with two additional bedrooms and a 4 pce bathroom. The lower level stays naturally cool during the summer months, providing a comfortable retreat year round. Outside, the South facing back deck overlooks the fully fenced backyard, complete with an oversized single detached garage (15’ x 23’) with 220 wiring and an additional storage shed, offering plenty of space for vehicles, tools and outdoor equipment. Ideally located with quick access to QEII Highway, this home is just a short drive to Innisfail and Red Deer and is within walking distance of the school, library, parks and playgrounds. A move in ready property offering comfort, quality updates and an excellent location—don’t miss your opportunity to make it yours! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 4.03 M x 2.49 M | |
| Bedroom | 3.06 M x 2.59 M | |
| Primary Bedroom | 3.58 M x 3.31 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 5.21 M x 3.64 M | |
| 2pc Bathroom | — | |
| Other | 5.21 M x 3.24 M |
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
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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
8.01%
Cap rate
6.47%
GRM
10.8
Break-even rent
$1,964
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.
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 1, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.