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3927 40A Avenue

Grandview, Red Deer, AB, T4N2W9

Listed by TREC The Real Estate Company

$399,900

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  • 2+2 bedrooms
  • 2 bathrooms
  • 4 parking
  • 960 sq ft

Listed 55 days ago · MLS® A2340600

About this home

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. (id:66966)

Details

Type
Detached
Style
Bungalow
Size
960 sq ft
Basement
Finished, Full, Separate entrance, Suite
Property tax
$3,375 (2026)
Neighbourhood
Grandview
Municipality
Red Deer

Interior

Bedrooms
2 above ground + 2 below
Fireplace
No
Appliances
Refrigerator, Dishwasher, Stove, Microwave, Washer & Dryer
Flooring
Hardwood, Linoleum, Vinyl Plank

Heating, cooling and services

Heating
Forced air, Natural gas

Building and exterior

Style
Bungalow
Year built
1956
Exterior
Wood frame
Foundation
Poured Concrete
Outdoor
Stucco, Wood siding

Parking

Total parking
4

Rooms

RoomLevelSizeFeatures
KitchenMain level8.33 Ft x 11.33 Ft
Living roomMain level11.42 Ft x 17.92 Ft
Dining roomMain level8.00 Ft x 8.58 Ft
Primary BedroomMain level11.33 Ft x 13.42 Ft
BedroomMain level9.08 Ft x 11.33 Ft
4pc BathroomMain level4.92 Ft x 7.58 Ft
OtherLower level10.58 Ft x 9.75 Ft
Living roomLower level10.58 Ft x 17.58 Ft
Primary BedroomLower level9.92 Ft x 10.58 Ft
BedroomLower level9.50 Ft x 10.58 Ft
4pc BathroomLower level7.50 Ft x 9.17 Ft

Location

Location is approximate. See nearby homes on the map

Listed by TREC The Real Estate Company.

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