Residential For Sale in Red Deer, Alberta
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 |
| 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 |
| 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 |
| Above Grade | 2 |
| Total | 2 |
| Partial | 0 |
| Appliances Included | Bar Fridge, Dishwasher, Electric Stove, Microwave, Refrigerator, Washer/Dryer |
| Flooring | Hardwood, Linoleum, Vinyl Plank |
| Features | Ceiling Fan(s), Laminate Counters, Metal Counters, Separate Entrance |
| Construction Material | Stucco, Wood Frame, Wood Siding |
| Structures | Deck |
| Cooling | None |
| Heating Type | Forced Air, Natural Gas |
| Exterior Finish | Stucco, Wood Frame, Wood Siding |
| Community Features | Park, Playground, Schools Nearby, Shopping Nearby |
| Amenities Nearby | Park, Playground, Schools Nearby, Shopping Nearby |
| Parking Type | Alley Access |
| Total Parking Spaces | 4 |
| Total Finished Area: | 960 sq ft |
| Total Finished Area (Metric): | 89.19 sq m |
| Main Level: | 960 sq ft |
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Full Bathrooms: | 2 |
| Rooms Above Grade: | 5 |
| Lot Size: | 6,000 sq ft |
| Lot Size (Acres): | 0.14 acres |
| Frontage: | 50 ft |
Floor plan information is not available for this property.
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