25 Lake Street, Rural Red Deer County

We have found 6 Houses that closely match the specifications of the property located at 25 Lake Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 399,900 and 559,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the T4E3C9 postal code area of Rural Red Deer County Alberta Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 25 Lake Street. The current price of the property is $409,900, 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 $327,920. This would result in a monthly mortgage payment of $1,917 over a 25-year amortization period.