2 days on Market

516 Terrace Pk, Red Deer, Alberta T4N 1V8

Townhouse
3
2 + 1
~1164.98 sqft
$270,222
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Townhouse
3
2 + 1
~1164.98 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$231/sqft

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Description

Located in Eastview, in the front row of Terrace Park, this well-kept 2-storey townhome offers approximately 1,100 square feet of developed living space across three levels, three bedrooms, a 4-piece bathroom, a 2-piece bathroom, and a fully finished basement — backed by a list of recent updates including a new roof (2023), new front concrete stairs, updated windows, and new vinyl flooring (2026). The new concrete steps lead to the covered front entry with a frosted glass door insert, opening into a bright foyer with an archway through to the main living space. The living room is filled with natural light from a large picture window and finished with new vinyl plank flooring that carries throughout the main level. An open layout connects the living room to a functional kitchen featuring white upper cabinets, black lower cabinetry, tile backsplash, and a dining nook with a sliding patio door leading out to the backyard — one of just a handful of units in the complex with this patio door configuration, offering the option to build out a deck. Upstairs, you'll find three bedrooms, including a primary bedroom with a ceiling fan and a second bedroom currently set up as a flexible space. The upper 4-piece bathroom has been nicely updated with a tiled tub surround and rainfall shower head. The basement adds valuable extra living space with a large carpeted rec room, a walk-in closet for storage, in-suite laundry with a washer and dryer, and a 2-piece bathroom — offering flexibility for a home office, media room, or additional storage. Outside, the fully fenced backyard includes a stone patio area, space for a barbecue, and a storage shed, with easy access to nearby amenities throughout Eastview. This is a solid, move-in-ready opportunity in an established Red Deer neighbourhood, offering major recent updates — roof, stairs, windows, and flooring — alongside a finished basement and rare patio door/deck potential, all on its own freehold title.


Property Details

Style2 Storey
View-
Age of property1961
SqFt~1164.98 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2340296
Community NameEastview
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air,Natural Gas
Basement: Full,Finished,None

Second Floor

4pc Bathroom

0`0" x 0`0"

Bedroom - Primary

12`1" x 12`10"

Bedroom

10`8" x 9`4"

Bedroom

12`1" x 9`11"


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Aug 27, 2026
ListedActive
$270,222
2 days on market
history photo preview37
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
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Market Data - Eastview

Geo Zone Map ThumbnailEastview

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

New Listings

Past 30 days

1 listing

Compared to

Units sold

Past 30 days

0 unit

Compared to

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 1483
Average household income $100,082

Age (%)

0 to 19
21%
20 to 34
21%
35 to 49
21%
50 to 64
22%
65 and plus
16%

Household composition (%)

Single family
59%
Single person
32%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
91%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Spanish
1%
French
1%
Arabic
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget