Property Details

3927 40A Avenue
Red Deer (A2340600)

$399,900
4
2
960 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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.

Property details

Basic Info

MLS® #
A2340600
Property Type:
Residential
Subtype:
Detached
Subdivision:
Grandview
Price
$399,900
Sale/Lease:
For Sale
Size:
960 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1956 (70 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
No
Parking:
Alley Access, Off Street, Rear Drive
Fence:
Fenced
Basement:
Full
Features:
Ceiling Fan(s), Laminate Counters, Metal Counters, Separate Entrance
Inclusions:
Hood Fan, Window Blinds, Ceiling Fansx2, Electric Stove, Refrigerator, Dishwasher
Appliances:
Bar Fridge, Dishwasher, Electric Stove, Microwave, Refrigerator, Washer/Dryer
Laundry:
In Basement
Exterior Features:
None
Patio/Porch Features:
Deck

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0 acres
Lot Features:
Back Lane, Back Yard, City Lot, Landscaped, No Neighbours Behind
Zoning:
R-L

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Stucco,Wood Frame,Wood Siding
Floors:
Hardwood, Linoleum, Vinyl Plank
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
45 days / Neg,Immediate,Subject To Tenancy
Days on Market:
49
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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