Rare opportunities like this don't come along often! Lovingly maintained by the same family for decades, this charming 1955 raised bungalow is ideally located just one block from the hospital, within walking distance to downtown and all amenities, and backs onto a beautiful forested area along Waskasoo Creek with no neighbours behind. Situated on a huge lot with a spacious double garage, room for RV parking, and multi-family residential zoning, this property offers outstanding future potential for expansion or redevelopment — while being a wonderful home today. Inside, you'll find a bright, functional layout with large windows, spacious rooms, and original mid-century charm. Numerous updates include shingles, high-efficiency furnace, humidifier, and hot water tank (all 2014) as well as vinyl windows in approximately 2023. This provides peace of mind and extremely affordable energy bills, even in the coldest months. The bright basement features a walk-up side entrance, plenty of storage, a kitchenette with a vintage gas stove, another bedroom and an office or den. This is a truly unique property offering exceptional value in one of Red Deer's most unique hidden locations.
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Zillow last checked:
Listing updated:
Listed by:
Olivia Forgues, Associate,
Re/Max Real Estate Central Alberta
Source: courtesy of Pillar9 System,MLS®#: A2325929Originating MLS®#: Central Alberta
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Bedroom
Level: Main
Dimensions: 9`8" x 11`7"
Other
Level: Main
Dimensions: 13`5" x 11`3"
Bedroom
Level: Basement
Dimensions: 12`10" x 9`2"
Other
Level: Main
Dimensions: 7`11" x 5`0"
Other
Level: Basement
Dimensions: 6`1" x 5`3"
Other
Level: Basement
Dimensions: 13`4" x 16`5"
Kitchen
Level: Main
Dimensions: 13`4" x 13`4"
Kitchen
Level: Basement
Dimensions: 12`11" x 9`9"
Living room
Level: Main
Dimensions: 13`4" x 17`5"
Office
Level: Basement
Dimensions: 12`11" x 11`0"
Storage
Level: Main
Dimensions: 3`4" x 2`7"
Storage
Level: Basement
Dimensions: 10`0" x 11`4"
Heating
High Efficiency, Forced Air, Humidity Control, Natural Gas
Cooling
None
Appliances
Included: Dryer, Electric Stove, Freezer, Garage Control(s), Gas Range, Refrigerator
Parking features: Double Garage Detached, Garage Door Opener, Garage Faces Rear, Off Street, Parking Pad, See Remarks
Garage spaces: 2
Has uncovered spaces: Yes
Features
Levels: One
Stories: 1
Patio & porch: None
Exterior features: Private Entrance, Private Yard
Fencing: None
Frontage length: 14.48M 47`6"
Lot
Size: 7,405 Square Feet
Features: Back Lane, Back Yard, Backs on to Park/Green Space, Front Yard, Fruit Trees/Shrub(s), Lawn, No Neighbours Behind, Rectangular Lot
Details
Parcel number: 113576990
Zoning: R-M
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence
Materials
Vinyl Siding, Wood Frame
Foundation: Block
Roof: Asphalt Shingle
Condition
New construction: No
Year built: 1955
Community & HOA
Community
Subdivision: Downtown Red Deer
HOA
Has HOA: No
Location
Region: Red Deer
Financial & listing details
Price per square foot: C$373/sqft
Date on market: 7/2/2026
Inclusions: N/A
Olivia Forgues, Associate
Olivia Forgues, Associate
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