SUITE DEAL ~ MONEY MACHINE ~ LEGAL SUITE Investment property in Red Deer! This legally suited bungalow is perfectly located close to the river, trail system, schools, and downtown, making it an ideal opportunity for renters or homeowners.
The main floor features a spacious living room, kitchen, and dining area, along with three bedrooms and a full bathroom. Downstairs, the two bedroom legal suite boasts a separate entrance, a full kitchen, living area, bedroom and bathroom. Common laundry / mechanical room. Single detached garage and garden area, this property has everything you need to make for a great investment. Tenant occupied. Current Rents are $1,400.00 up and $1,100.00 down. Landlord pays utilities. The legal suite will help you qualify for financing.
Data was last updated September 22, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
341
Avg list price:
$449,900
Min list price:
$79,900
Max list price:
$2,150,000
Avg days on market:
31
Min days on market:
2
Max days on market:
319
Avg price per sq.ft.:
$341.33
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations. This data is not produced by the MLS® system.