3927 40A Avenue , Red Deer, Alberta

Residential For Sale in Red Deer, Alberta

$399,900

  • Property type Residential
    Property Type
  • Bedrooms 4
    Bedrooms
  • Bathrooms 2
    Bath
  • Garage 0
    Garage
  • Square feet 960
    Sq Ft
  • Year built 1956
    Year Built

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.

Street Address: 3927 40A Avenue
City: Red Deer
Province/State: Alberta
Postal Code: N/A
County/Parish: Red Deer
Subdivision: Grandview
Country: Canada
Latitude: 52.26049313
Longitude: -113.79077834

MLS® Number: A2340600
Price: $399,900
Property Area: 960 Sq ft
Bedrooms: 4
Bathrooms Half: 0
Bathrooms Full: 2
Living Area: 960 Sq ft
Building Area: 0 Sq ft
Year Built: 1956
Listing Date: Aug 27, 2026
Garage Spaces: 0
Property Type: Residential
Property Subtype: Detached
MLS Status: Active

Additional Details

Flooring: N/A
Construction: Stucco,Wood Frame,Wood Siding
Parking: Alley Access,Off Street,Rear Drive
Appliances: Bar Fridge,Dishwasher,Electric Stove,Microwave,Refrigerator,Washer/Dryer
Stories: N/A
Zoning: R-L
Fireplace: N/A
Amenities: Park,Playground,Schools Nearby,Shopping Nearby

Utilities & Systems

Heating: Forced Air,Natural Gas
Cooling: None

Property Type Residential
Building Type Detached
Square Footage 960 sqft
Community Name Grandview
Subdivision Name Grandview
Title Fee Simple
Land Size 6,000 sqft
Built in 1956
Annual Property Taxes Contact listing agent
Parking Type Alley Access
Time on MLS Listing 52 days

Bedrooms
Above Grade 2
Bathrooms
Total 2
Partial 0
Interior Features
Appliances Included Bar Fridge, Dishwasher, Electric Stove, Microwave, Refrigerator, Washer/Dryer
Flooring Hardwood, Linoleum, Vinyl Plank
Building Features
Features Ceiling Fan(s), Laminate Counters, Metal Counters, Separate Entrance
Construction Material Stucco, Wood Frame, Wood Siding
Structures Deck
Heating & Cooling
Cooling None
Heating Type Forced Air, Natural Gas
Exterior Features
Exterior Finish Stucco, Wood Frame, Wood Siding
Neighbourhood Features
Community Features Park, Playground, Schools Nearby, Shopping Nearby
Amenities Nearby Park, Playground, Schools Nearby, Shopping Nearby
Parking
Parking Type Alley Access
Total Parking Spaces 4

Interior Size
Total Finished Area: 960 sq ft
Total Finished Area (Metric): 89.19 sq m
Main Level: 960 sq ft
Room Count
Bedrooms: 4
Bathrooms: 2
Full Bathrooms: 2
Rooms Above Grade: 5
Lot Information
Lot Size: 6,000 sq ft
Lot Size (Acres): 0.14 acres
Frontage: 50 ft

  • Ceiling Fan(s)
  • Laminate Counters
  • Metal Counters
  • Separate Entrance
  • None
  • Bar Fridge
  • Dishwasher
  • Electric Stove
  • Microwave
  • Refrigerator
  • Washer/Dryer
  • Full
  • Park
  • Playground
  • Schools Nearby
  • Shopping Nearby
  • Stucco
  • Wood Frame
  • Wood Siding
  • Poured Concrete
  • Back Lane
  • Back Yard
  • City Lot
  • Landscaped
  • No Neighbours Behind
  • Alley Access
  • Off Street
  • Rear Drive
  • Deck

Floor plan information is not available for this property.

Monthly Payment Breakdown
Principal & Interest: $0
Property Tax: $0
Home Insurance: $0
HOA Fees: $0
PMI: $0

Total Monthly Payment: $0
Chart Mortgage:

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REALTOR® Details

Linda James