Detached House for sale in Red Deer, Alberta. Listed at $975,000.
5 bedrooms · 5 bathrooms · 1875 sq ft · Built in 2017
MLS® 30239809
Rare two-residence income property in Timberlands, generating $5,250 per month/$63,000 annually in gross rental income. Situated on one freehold title, the property includes a beautifully finished two-story main home and a separate legal carriage residence, both tenant occupied under fixed-term lease arrangements. The main home offers three upstairs bedrooms, 2½ bathrooms, upper laundry and a dramatic open-to-below living room. Granite counters, stainless appliances, a gas range with commercial-style hood, hardwood flooring, central air and a pocket office complement the main level. The fully finished lower level adds a fourth main-home bedroom, full bathroom and expansive family room.The independent carriage residence offers one bedroom, one full bathroom, a complete kitchen, six appliances, in-suite laundry, LVP flooring and in-floor heating above an in-floor-heated double detached garage. The main residence also provides a double attached garage, two-vehicle driveway and separate gravel parking pad.Outdoor features include rear deck and patio areas, a private primary-bedroom balcony, gas BBQ connection and a fully fenced yard with new custom fencing completed July 2026. A new 50-gallon hot-water tank was installed in October 2025.A distinctive investment or multigenerational opportunity with two self-contained legal residences on one title. (id:27495)
Listing courtesy of Realty Executives Alberta Elite · Cindy Price
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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