DOWNTOWN LOCATION | C-1 COMMERCIAL ZONING | LONG TERM TENANT IN PLACE – Offering plenty of future potential, this downtown property is a great opportunity for investors looking to add to their portfolio or buyers seeking the flexibility that comes with C-1 zoning. Situated on a mature lot in a highly accessible central downtown location, this bungalow offers 845 square feet of living space with two bedrooms, a full bathroom, a functional kitchen, and a bright living room. With a long term tenant already in place, the property offers the benefit of an established tenancy while you consider your future plans. Whether your vision includes renovation, redevelopment, or making the most of the C-1 Commercial zoning, this unique property offers plenty of possibilities. This property is currently rented for $1,150/month including utilities.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
845 sq. ft.78.5 m2
Main Level Finished Area:
845 sq. ft.78.5 m2
Acreage:
No
Lot Area:
6,427 sq. ft.597 m2
Lot Frontage:
49'11"15.2 m
Front Exposure:
North
Unit Exposure:
North, South
Levels:
One
Total Rooms Above Grade:
2
Year built:
1945
(Age: 81)
Bedrooms:
2
(Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0
(Full:1, Half:0)
Num Ensuite Baths:
0
Plan:
6416ET
Heating:
Forced Air, Natural Gas
Basement:
Full, Partially Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Alley Access, Off Street, Parking Pad
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
In Basement
Downtown Red Deer (Red Deer)
None
AS-IS
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
9'2"2.79 m × 9'1"2.77 m
Main Floor
Bedroom
10'3.05 m × 9'1"2.77 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Title to Land:
Fee Simple
Community Features:
Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Separate Entrance, Storage
Exterior Features:
None
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Front Yard, Interior Lot, Rectangular Lot
Data was last updated July 30, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$219,900
Min list price:
$89,900
Max list price:
$319,900
Avg days on market:
28
Min days on market:
2
Max days on market:
173
Avg price per sq.ft.:
$246.03
These statistics are generated based on the current listing's property type
and located in
Downtown Red Deer. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.