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7 Michener Boulevard
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Beds
4
Baths
3
Sqft
1,267
Year
2011
Type
Single Family
On market
0d
Spacious, beautifully maintained, and impeccably cared for, this exceptional half duplex offers the square footage, privacy, and yard space often found in a single-family home. Located in a desirable 55+ adult-living bare land condominium community, this property combines comfort, convenience, and low-maintenance living. The welcoming main floor features a generous entryway, a versatile bedroom or home office, and a stunning primary retreat complete with a walk-in closet, spa-inspired ensuite, and direct access to the deck. The well-appointed kitchen is designed for both everyday living and entertaining, offering granite countertops, abundant cabinetry, stainless steel appliances, an induction stove, ice-maker refrigerator, garburator, double sink, and plenty of workspace. Rich hardwood flooring, large windows, and screened front and back doors create a bright and inviting atmosphere with refreshing cross-breezes throughout the home. The heated double attached garage is equipped with a floor drain and man door, while convenient access into the laundry room and 3-piece bathroom adds everyday functionality. A cozy gas fireplace, central air conditioning, built-in Sonos speaker system, central vacuum system, water softener, and numerous thoughtful upgrades further enhance the home's appeal. The fully finished lower level offers in-floor heating, two spacious bedrooms with large closets, a full bathroom, ample storage space, and a comfortable recreation area complete with a projector TV room and wet bar. Unique ceiling details throughout the lower level add character and craftsmanship that must be seen to be appreciated. Additional peace of mind is provided by a water sensor alarm in the lower level. Outside, enjoy a fully fenced private backyard backing onto green space, providing a peaceful setting for relaxing or entertaining. A spacious deck, mature rhubarb plants, and sensor-activated exterior lighting add to the enjoyment of this beautiful outdoor space. Ideally l ocated near the Red Deer Regional Hospital, walking trails, shopping, and the popular Michener Gardens community garden plots, this sought-after adult-living community offers a peaceful, low-maintenance lifestyle. Condominium fees of $177 per month include snow removal and grass cutting, allowing you more time to enjoy the things you love in a highly desirable location. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 11.42 Ft x 5.33 Ft | |
| Bedroom | 11.92 Ft x 12.50 Ft | |
| Bedroom | 12.92 Ft x 12.58 Ft | |
| Other | 2.00 Ft x 6.08 Ft | |
| Hall | 6.33 Ft x 10.17 Ft | |
| Other | 16.75 Ft x 18.67 Ft | |
| Recreational, Games room | 22.50 Ft x 12.08 Ft | |
| Storage | 7.42 Ft x 3.58 Ft | |
| Furnace | 9.42 Ft x 11.58 Ft | |
| Other | 4.33 Ft x 8.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.92 Ft x 5.33 Ft | |
| 5pc Bathroom | 14.17 Ft x 9.17 Ft | |
| Dining room | 10.17 Ft x 13.58 Ft | |
| Kitchen | 12.75 Ft x 14.08 Ft | |
| Laundry room | 8.00 Ft x 5.92 Ft | |
| Living room | 11.33 Ft x 13.58 Ft | |
| Bedroom | 12.25 Ft x 9.25 Ft | |
| Primary Bedroom | 13.92 Ft x 12.08 Ft | |
| Other | 8.67 Ft x 5.92 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
-5.39%
Cap rate
3.79%
GRM
15.8
Break-even rent
$3,420
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 12, 2026.
Exact location of this listing.
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.