5842 57 Avenue, Red Deer

We have found 6 Houses that closely match the specifications of the property located at 5842 57 Avenue with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 409,900 and 535,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the T4N4S4 postal code area of Red Deer Alberta Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5842 57 Avenue. The current price of the property is $399,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $319,920. This would result in a monthly mortgage payment of $1,870 over a 25-year amortization period.