Built in 2023 and LEGALLY SUITED, this 5 bedroom, 3 bathroom modified bi-level offers a fantastic opportunity to generate rental income, offset your monthly costs, or accommodate two households under one roof. Situated on a large 7,267 sq. ft. corner lot, the property has been thoughtfully set up to provide separation between the upper and lower residences.
The upper suite offers 3 bedrooms and 2 bathrooms, with an open concept kitchen, dining and living area and access to a covered deck overlooking the fenced yard. The primary bedroom is privately located above the garage and features its own ensuite and walk-in closet. An attached double garage with in-floor heat provides additional value and year-round convenience. The legal lower suite features 2 bedrooms, a full bathroom, spacious kitchen and living area, separate entrance and its own laundry. Outside, dedicated parking and separate yard space for the lower suite help provide privacy and independence between the two residences. With a newer 2023 build, two self-contained living spaces and a layout designed around flexibility and rental potential, this is a compelling opportunity whether you’re looking to live up and rent down, accommodate extended family, or add a low-maintenance property to your portfolio.
Data was last updated September 24, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
389
Avg list price:
$429,000
Min list price:
$39,900
Max list price:
$4,200,000
Avg days on market:
33
Min days on market:
1
Max days on market:
253
Avg price per sq.ft.:
$343.43
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.