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$350,000

3+0 Beds

2 Baths

1010 FEETSQ

QuickQuoteTM: $331K - $444K

Red Deer AB, T4N 1C1

MLS® # A2261083

Property Information:

Fantastic Investment Opportunity in West Park! Introducing a spacious property with incredible flexibility, located in the desirable West Park neighborhood of Red Deer. Perfect for investors, first-time buyers or families, this home comes with an illegal suite with its own private entrance. Step inside the bright and welcoming main floor, where large south-facing windows fill the living and dining areas with natural light. The open dining space includes a charming “peek-a-boo” wall that provides extra counter space and additional kitchen storage. The kitchen itself boasts a sizable layout designed for multiple cooks, offering plenty of room to prep meals without feeling crowded. Completing the main floor are three spacious bedrooms and a 4-piece bath, giving options for bedrooms, a home office, gym, or hobby room. Downstairs, the illegal suite includes 1 bedroom, a full 4-piece bathroom, living room, and kitchen - perfect for extended family or tenants. Shared spaces in the basement include a laundry area with washer/dryer, built-in cupboards and shelving for storage, lockers, plus an additional 3-piece bathroom for added convenience. The seller is updating the property with new flooring, giving the home a fresh start for its next owner. The furnace and hot water tank were replaced. Extra paving tiles will also remain if requested, a great bonus for outdoor projects. Outside, the large lot provides plenty of space to enjoy. The yard is partially fenced on one side, with potential to add more fencing for pets or privacy. A shed offers handy outdoor storage, and the large parking pad ensures ample space for multiple vehicles. Location is key - and this home delivers. Just minutes from Heritage Ranch, the Red Deer River walking trails, West Park School, parks, and Red Deer Polytechnic, this property offers both lifestyle and convenience. Families will love the proximity to schools and recreation, while investors will see the rental potential with steady demand from students and staff. With a versatile layout, large lot, parking and updates already underway, this West Park property is more than just a home, it's an opportunity. Whether you’re looking to invest or enjoy a spacious home with room for everyone, this property is ready to welcome you.

Inclusions: 2 Fridges, 2 Electric Stoves, Shed,

Building Features:

  • Total Finished Area: 1010.00

Property Features:

  • Bedrooms: 3+0
  • Bathrooms: 2+0
  • Architectural Style: Bungalow
  • Built in: 1952
  • Construction Materials: Stucco, Wood Frame
  • Cooling: None
  • Exterior Features: Private Yard
  • Floor Space (approx): 1010.00 Square Feet
  • Flooring: Carpet, Linoleum
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Interior Features: Laminate Counters
  • Levels: One
  • Lot Size: 6000.00 Square Feet
  • Parking Features: Off Street, Parking Pad
  • Roof: Asphalt Shingle
  • Zoning: R-M
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX real estate central alberta

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 5626 42 Street, Red Deer, AB, T4N 1C1

Demographic Information of 5626 42 Street, Red Deer, AB, T4N 1C1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,423.46

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.49 %

High school certificate or equivalent

32.17 %

Apprenticeship trade certificate/diploma

7.66 %

College/non-university certificate

23.12 %

University certificate (below bachelor)

1.31 %

University Degree

11.25 %

Commuter

Travel To Work

By Car

78.98 %

By Public Transit

0.73 %

By Walking

14.03 %

By Bicycle

0.0 %

By Other Methods

6.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.92 %

Houses

27.08 %

Own Vs. Rent