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Investment signal

$519,900

10, 32 Dowler Street

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Beds

3

Baths

3

Sqft

Year

2002

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

55+ adult living in the gated community of Devonshire Villas. This immaculate bungalow style 1/2 duplex with a front attached double garage is a must see. Recent extensive renovations include new hardwood flooring, most appliances replaced, new hot water tank, and interior paint through out. Granite counter tops in the kitchen and an added pantry. Custom blinds on the main level. The bedroom near the front entrance has been converted into an office / storage area with custom built in cabinets. Main floor laundry area. Bathroom in the basement has been updated. New carpeting and some vinyl plank flooring in the basement. New built in vacuum canister with attachments. 5 new windows on the main level. Devonshire Villas is a well maintained gated community with many long term owners. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
Duplex
Community
Devonshire
Common interest
Freehold
Living area
1,258 square feet
Lot size
3,832 square feet
Lot dimensions
3832.00
Bedrooms
1 above grade, 2 below grade
Parking
4 total
Condo/HOA fee
$380 monthly
Stories
1
On market
Apr 30, 2026
Status changed
May 1, 2026
Annual tax
$3,685 (2025)
Zoning
R-M
Photos
50
MLS#
A2306856
Area
RED_DEER

Features and systems

Parking

Attached Garage

Basement

FinishedFull

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Forced airNatural gas

Cooling

None

Exterior

Stucco

Construction

Wood frame

Flooring

HardwoodCarpetedVinyl Plank

Foundation

Poured Concrete

Lot

Wet barPVC windowNo Animal HomeNo Smoking HomeParking

Community

Golf Course DevelopmentPets Allowed With RestrictionsAge Restrictions

Fee includes

Common Area MaintenanceProperty ManagementGround MaintenanceReserve Fund Contributions
Negative cash flow ~$606/mo at these assumptions

Cash on cash

-6.99%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,237

Financing

Down payment$103,980
Loan amount$415,920
Mortgage$2,107/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$238
Insurance$80
Maintenance$433
CapEx reserve$217
Vacancy loss$130

Estimates 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.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,107/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 1, 2026.

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