$399,900
 $2,147 est/mo Sourced by Back At You

3927 40a Avenue,Red Deer, AB T4N2W9

Red Deer, AB T4N2W9

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Description

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. The Legal Suite offers exceptional value, providing buyers with approved rental-income potential, greater financing flexibility, added peace of mind through proper permitting and inspections, and no need to take on the cost, uncertainty or hassle of legalizing an unapproved suite. Please allow a minimum of 24 hours notice for showings. (id:13843)

Details

MLS #A2340600
Listing TypeFor Sale
StyleHouse
StatusActive
Year1956
Days On Site71
Listing Provided ByTREC The Real Estate Company | Linda M. James

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet960
BasementY
Story(s)1
ZoningR-L
Acreage0.14

Interior

CoolingNone
HeatingForced air, Natural gas
AppliancesRefrigerator, Dishwasher, Stove, Microwave, Washer & Dryer
Fireplace Yes / NoNo

Exterior

Lot FeaturesBack lane, No neighbours behind
Construction MaterialsWood frame
Foundation DetailsPoured Concrete
FencingFence

Parking

Parking FeaturesOther
Parking Total4

Taxes

Tax Annual Amount3375
Tax Block11
Tax Lot4
Tax Year2026

Area Information

ProvinceAB
CityRed Deer
Postal CodeT4N2W9
Community NameGrandview
Listing VS Median (in Grandview)
Price:
$399,900
low | high
Med:
$424,900
43.748437109277% of Average
sqft:
960
low | high
Med:
1,029
42.8125% of Average
$ / sqft:
$417
low | high
Med:
$413
50.873177478043% of Average
On site:
71
low | high
Med:
7
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityRed Deer
Postal CodeT4N2W9
Community NameGrandview
Listing VS Median (in Grandview)
Price:
$399,900
low | high
Med:
$424,900
43.748437109277% of Average
sqft:
960
low | high
Med:
1,029
42.8125% of Average
$ / sqft:
$417
low | high
Med:
$413
50.873177478043% of Average
On site:
71
low | high
Med:
7
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $299K - $499K
sqft: 720 - 1,000
Nearby Listings Property ImageNearby Listings Details
3905 46 Street Property Photo 1
$326,800
3905 46 Street
Red Deer, AB T4J1B5
Listing Updated: October 19, 2026 at 6:19:55 AM PDT