Welcome to this lovely, well-maintained bungalow, with a fully LEGAL SUITE. ideally located in the sought-after community of Grandview. The property is conveniently situated near elementary, middle, and high schools, with downtown just minutes away and Red Deer Regional Hospital Centre approximately a five-minute drive away. A nearby shopping plaza, public transit, bike paths, and walking trails add to the everyday convenience of this DESIREABLE location. The MAIN LEVEL offers a bright, functional layout featuring an open kitchen, dining area, and living room, along with two bedrooms and an UPDATED four-piece bathroom. Four new appliances add to the move-in-ready appeal of the home. The LOWER LEVEL includes a shared laundry area, TWO FURNACES (with a regular service maintenance contract in place), and SEPARATE electrical meters for the main floor and legal suite, allowing for individual electrical consumption. The spacious two-bedroom LEGAL SUITE features an inviting living and dining area, a full kitchen with white cabinetry and a stylish subway tile backsplash, and a MODERN four-piece bathroom with a floating vanity. An additional rear entrance provides added privacy and independence for the suite. Outside, the huge backyard is fully fenced and includes a storage shed and a FOUR-CAR gravel parking pad, offering plenty of off-street parking. This TURN-KEY Grandview property presents a fantastic opportunity for investors or homeowners looking to offset their mortgage with rental income while enjoying a well-maintained home in a desirable, established neighbourhood. Please allow a minimum of 24 hours notice for showings.
Data was last updated August 28, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
368
Avg list price:
$427,450
Min list price:
$39,900
Max list price:
$4,200,000
Avg days on market:
31
Min days on market:
1
Max days on market:
422
Avg price per sq.ft.:
$343.74
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.