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Red Deer,AB T4N0C2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 895 sqft
Price per Sqft $290
Subdivision Downtown Red Deer
MLS Listing ID A2254728
Bedrooms 4
Year Built 1939
Lot Size 6,375 Sqft
Acres 6375.0
Property Sub-Type Freehold
Source Central Alberta REALTORS® Association
Property Description
This is an affordable downtown Red Deer property with an illegal suite, exceptional future potential. Situated on a 50 x 125 ft lot, the main floor features soaring ceilings and a stylish loft that overlooks the bright, open living space. Below, a separate walk-out basement unit has its own ground-level entrance to the back yard. Each level provides two bedrooms or offices, a full kitchen, and a bathroom, with a shared laundry area between them. The entire historic home has been extensively upgraded over the years, including newer windows, furnace, electrical, a new hot-water tank, eavestroughs, and brand-new shingles installed in August 2025. Off-street parking is plentiful at the rear.Zoned C1, the lot is ideally positioned for redevelopment and the City has previously approved a 10,000-square-foot mixed-use project on the site. With many government incentives available for downtown redevelopment and no nearby residential neighbourhood to trigger complaints, this property represents an excellent opportunity to enter the market and plan a future multi-level apartment or commercial building. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Extra Room 1 Third level 11.00 Ft x 10.00 Ft Bonus Room
Extra Room 2 Basement 10.00 Ft x 10.00 Ft Bedroom
Extra Room 3 Basement 8.00 Ft x 10.00 Ft Bedroom
Extra Room 4 Lower level Measurements not available 3pc Bathroom
Extra Room 5 Main level 10.00 Ft x 10.00 Ft Bedroom
Extra Room 6 Main level 16.00 Ft x 12.92 Ft Living room
Interior
Heating Forced air,
Cooling None
Flooring Carpeted,Laminate,Slate,Tile
Exterior
Parking Features No
Fence Not fenced
View Y/N Yes
View View
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold