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10, 32 Dowler Street
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Red Deer · Single Family · under $575,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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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)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 6.00 Ft x 9.33 Ft | |
| Den | 9.08 Ft x 9.08 Ft | |
| Bedroom | 14.50 Ft x 12.92 Ft | |
| Bedroom | 12.25 Ft x 13.42 Ft | |
| Storage | 3.67 Ft x 5.00 Ft | |
| Storage | 2.50 Ft x 5.08 Ft | |
| Furnace | 19.92 Ft x 9.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.00 Ft x 6.33 Ft | |
| 5pc Bathroom | 9.08 Ft x 7.58 Ft | |
| Dining room | 13.50 Ft x 11.75 Ft | |
| Foyer | 11.92 Ft x 8.00 Ft | |
| Kitchen | 9.92 Ft x 9.08 Ft | |
| Living room | 22.75 Ft x 14.50 Ft | |
| Office | 11.25 Ft x 9.42 Ft | |
| Primary Bedroom | 11.92 Ft x 13.83 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
-7.01%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,177
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.
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 2, 2026.
Location of this listing. Distances are straight-line.
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