This well-cared-for legally suited bungalow sits on a good-sized lot with a detached single garage and plenty of additional parking at the rear of the property. The home offers many possibilities—you can live on one level and rent out the other to help with expenses, use it for multigenerational living with family members in either suite, or take advantage of it as an excellent investment opportunity by renting out both suites. It also boasts excellent curb appeal, highlighted by a beautiful rubber front walkway and patio completed in 2020, along with a welcoming front entrance porch. Inside, the spacious living room is filled with natural light from the large south-facing window, while the adjacent kitchen features well-maintained oak cabinets, a sink overlooking the backyard, and an eating area. The main level is completed by the primary bedroom, a second bedroom, and a four-piece bathroom. The basement suite has its own separate entrance on the east side of the home, and as a raised bungalow, it offers higher ceilings and larger windows than typically found in homes of this era. The suite includes a kitchen with eating area, a large living room, a spacious bedroom, and a four-piece bathroom. The utility room provides ample storage and houses the laundry machines. Out the back door, you’ll find a deck overlooking the mature, landscaped yard, which includes a garden with a grapevine, rhubarb, strawberries, and more. The yard is spacious and also features a single detached garage, a carport/storage area, and abundant extra parking, with room for multiple vehicles and even RV parking. Additional upgrades include double drywall between suites for improved soundproofing, house shingles replaced in 2022, eaves in 2021, hot water tank in 2015, washer and dryer in 2020, furnace motor in 2011, and a garage door opener in 2023. Located at 3734 46 St., the home is within a short distance of parks, playgrounds, schools, shopping, and the Michener Recreation Centre, offering a great balance of privacy and convenience.
The home boasts excellent curb appeal, highlighted by a beautiful rubber front walkway and patio completed in 2020, along with a welcoming front entrance porch.
The kitchen features well-maintained oak cabinets, a sink overlooking the backyard, and an eating area.
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The spacious living room is filled with natural light from the large south-facing window.
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Primary bedroom.
Second bedroom.
Main level four piece bathroom.
Basement suite entrance.
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Basement suite kitchen with eating area.
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Basement suite living room.
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Basement suite bedroom.
Basement suite four piece bathroom.
Laundry room / utility room.
Back deck overlooks the mature, landscaped yard, which includes a garden with a grapevine, rhubarb, strawberries, and more.
The yard is spacious and also features a single detached garage, a carport/storage area, and abundant extra parking, with room for multiple vehicles and even RV parking.
Data was last updated February 12, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
228
Avg list price:
$428,900
Min list price:
$99,900
Max list price:
$1,999,900
Avg days on market:
30
Min days on market:
1
Max days on market:
225
Avg price per sq.ft.:
$334.45
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.