4742 53 Street, Red Deer

We have found 6 Houses that closely match the specifications of the property located at 4742 53 Street with distances ranging from 2 to 4 kilometers away. The prices for these similar properties vary between 214,900 and 300,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the T4N2E5 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 4742 53 Street. The current price of the property is $225,000, 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 $180,000. This would result in a monthly mortgage payment of $1,052 over a 25-year amortization period.