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5626 42 Street
West Park (Red Deer)
Red Deer
T4N 1C1
$350,000
Residential
beds: 3
baths: 2.0
1,010 sq. ft.
built: 1952
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2261083
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1952
- Photos (50)
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Fantastic Investment Opportunity in West Park! Introducing a spacious property with incredible flexibility, located in the desirable West Park neighborhood of Red Deer. Perfect for investors, first-time buyers or families, this home comes with an illegal suite with its own private entrance, making it an ideal mortgage helper or rental opportunity. Step inside the bright and welcoming main floor, where large south-facing windows fill the living and dining areas with natural light. The open dining space includes a charming “peek-a-boo” wall that provides extra counter space and additional kitchen storage. The kitchen itself boasts a sizable layout designed for multiple cooks, offering plenty of room to prep meals without feeling crowded. Completing the main floor are three spacious bedrooms and a 4-piece bath, giving options for bedrooms, a home office, gym, or hobby room. Downstairs, the illegal suite includes 1 bedroom, a full 4-piece bathroom, living room, and kitchen - perfect for extended family or tenants. Shared spaces in the basement include a laundry area with washer/dryer, built-in cupboards and shelving for storage, lockers, plus an additional 3-piece bathroom for added convenience. The seller is updating the property with new flooring, giving the home a fresh start for its next owner. The furnace and hot water tank were replaced. Extra paving tiles will also remain if requested, a great bonus for outdoor projects. Outside, the large lot provides plenty of space to enjoy. The yard is partially fenced on one side, with potential to add more fencing for pets or privacy. A shed offers handy outdoor storage, and the large parking pad ensures ample space for multiple vehicles. Location is key - and this home delivers. Just minutes from Heritage Ranch, the Red Deer River walking trails, West Park School, parks, and Red Deer Polytechnic, this property offers both lifestyle and convenience. Families will love the proximity to schools and recreation, while investors will see the rental potential with steady demand from students and staff. With a versatile layout, large lot, parking and updates already underway, this West Park property is more than just a home, it's an opportunity. Whether you’re looking to invest or enjoy a spacious home with room for everyone, this property is ready to welcome you.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- Suite - Illegal
- Home Style:
- Bungalow
- Total Living Area:
- 1,010 sq. ft.93.8 m2
- Main Level Finished Area:
- 1,010 sq. ft.93.8 m2
- Below Grade Finished Area:
- 451.58 sq. ft.42 m2
- Acreage:
- No
- Lot Area:
- 6,000 sq. ft.557 m2
- Lot Frontage:
- 50'15.2 m
- Front Exposure:
- Southwest
- Unit Exposure:
- East
- Levels:
- One
- Total Rooms Above Grade:
- 6
- Year built:
- 1952 (Age: 73)
- Bedrooms:
- 3 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- K11
- Heating:
- Forced Air, Natural Gas
- Basement:
- Finished, Full, Separate/Exterior Entry, Suite
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Linoleum, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- No
- Parking:
- Front Drive, Off Street, Parking Pad
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- In Basement
- West Park (Red Deer)
- Electric Range, Other, Refrigerator
- 2 Fridges, 2 Electric Stoves, Shed,
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 11'5"3.48 m × 10'7"3.23 m
- Main Floor
- Bedroom
- 10'7"3.23 m × 8'2"2.49 m
- Main Floor
- Dining Room
- 11'10"3.61 m × 9'2.74 m
- Main Floor
- Kitchen
- 14'4.27 m × 13'7"4.14 m
- Main Floor
- Living Room
- 16'3"4.95 m × 11'10"3.61 m
- Main Floor
- Bedroom - Primary
- 11'4"3.45 m × 10'6"3.20 m
- Basement
- Furnace/Utility Room
- 24'6"7.47 m × 14'5"4.39 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'10" x 10'8"
- Basement
- No
- 3
- 4'10" x 7'5"
- Title to Land:
- Fee Simple
- Community Features:
- Fishing, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Laminate Counters
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- None
- Lot Features:
- Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Red Deer
- Zoning:
- R-M
- Listed Date:
- Oct 02, 2025
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Listed by RE/MAX real estate central alberta
Data was last updated October 20, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 327
- Avg list price:
- $439,900
- Min list price:
- $95,000
- Max list price:
- $2,150,000
- Avg days on market:
- 34
- Min days on market:
- 2
- Max days on market:
- 347
- Avg price per sq.ft.:
- $345.12
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.
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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.