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For Sale · Red Deer · Single Family
$459,900
About This Home
Welcome to this fully developed 4-bedroom, 2-bathroom bi-level nestled in the highly desirable family-friendly community of Lancaster, just steps from middle schools, high schools, parks, playgrounds, and everyday amenities. Whether you're searching for a move-in-ready family home or an investment opportunity with income potential, this versatile property delivers exceptional value.Offering a great developed living space, the bright and functional open-concept layout is filled with natural light, creating a warm and inviting atmosphere throughout. The spacious main-floor kitchen features ample cabinetry, generous counter space, and flows seamlessly into the dining and living areas, perfect for both everyday living and entertaining.One of the standout features of this home is its fully equipped lower level, complete with a second kitchen, separate laundry area, two additional bedrooms, and a full bathroom, making it ideal for extended family, multi-generational living, or the opportunity to live upstairs while generating rental income downstairs. The lower-level kitchen, cabinetry, and appliances were thoughtfully updated in 2023, providing a fresh and modern feel.Recent upgrades add even more peace of mind, including a new furnace and new hot water tank, along with central air conditioning to keep the home comfortable year-round.Outside, the east-facing front entrance welcomes the morning sun, while the west-facing backyard offers the perfect setting to relax and enjoy warm summer evenings. The oversized 22' x 22' boarded double detached garage provides plenty of space for vehicles, hobbies, or a workshop, while the expansive yard also features an extra-large storage shed and additional storage beneath the deck.Combining flexibility, thoughtful updates, modern comfort, and an unbeatable location, this is a rare opportunity to own a home that suits families, investors, and anyone looking for a property with exceptional versatility. (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$2,151
$367,920 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$2,151
Cash flow
-$2,151
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Red Deer right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Red Deer, from the Statistics Canada 2021 Census.
The immediate block around this home (right here): about 961 residents in 361 homes, 4,702 people/km² (dense urban).
Source: Statistics Canada 2021 Census, Red Deer, City, Alberta; block-level figures from dissemination area 48080477.
Schools
K-12 schools closest to this home, with straight-line distances.
Mattie McCullough Elementary School
public · elementary
Hunting Hills High School
public · secondary
Direwood Treatment Centre
public · secondary
Holy Family School
catholic · elementary
École Secondaire Notre Dame High School
catholic · secondary
Oskayak Treatment Centre
public · secondary
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.