5626 42 Street Red Deer, Alberta T4N 1C1

3 Bedroom 2 Bathroom 1,010 ft2
Bungalow None Forced Air

$350,000

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, making it an ideal mortgage helper or rental opportunity. 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 was 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. (id:57594)

Property Details

MLS® Number A2261083
Property Type Single Family
Neigbourhood West Park
Community Name West Park
Amenities Near By Park, Playground, Schools, Shopping
Community Features Fishing
Parking Space Total 4
Plan K11
Structure None

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Refrigerator, Range - Electric
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1952
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco
Flooring Type Carpeted, Linoleum, Vinyl Plank
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,010 Ft2
Total Finished Area 1010 Sqft
Type House

Parking

Other
Parking Pad

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping
Size Depth 36.57 M
Size Frontage 15.24 M
Size Irregular 6000.00
Size Total 6000 Sqft|4,051 - 7,250 Sqft
Size Total Text 6000 Sqft|4,051 - 7,250 Sqft
Zoning Description R-m

Rooms

Level Type Dimensions
Basement 3pc Bathroom 7.42 Ft x 4.83 Ft
Basement Furnace 24.50 Ft x 14.42 Ft
Main Level 4pc Bathroom 10.67 Ft x 4.83 Ft
Main Level Bedroom 10.58 Ft x 11.42 Ft
Main Level Bedroom 10.58 Ft x 8.17 Ft
Main Level Dining Room 9.00 Ft x 11.83 Ft
Main Level Kitchen 14.00 Ft x 13.58 Ft
Main Level Living Room 16.25 Ft x 11.83 Ft
Main Level Primary Bedroom 10.50 Ft x 11.33 Ft

https://www.realtor.ca/real-estate/28953191/5626-42-street-red-deer-west-park

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