pillar/IMG-A2340600_1.jpg
23 days on Market

3927 40A Ave, Red Deer, Alberta T4N 2W9

Detached
2 + 2
2
~960.00 sqft
$419,900
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Detached
2 + 2
2
~960.00 sqft

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Highlights

Property Estimate

Days on market23 days

Estimated valueNot available

Price/Sqft$437/sqft

Monthly cost

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Description

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. Please allow a minimum of 24 hours notice for showings.


Property Details

StyleBungalow
View-
Age of property1956
SqFt~960.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2340600
Community NameGrandview
Data SourcePILLAR 9
Listing byTREC The Real Estate Company

Features

Heating: Forced Air,Natural Gas
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

Kitchen

11`4" x 8`4"

Living Room

17`11" x 11`5"

Dining Room

8`7" x 8`0"

Bedroom - Primary

13`5" x 11`4"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Aug 27, 2026
ListedActive
$419,900
23 days on market
history photo preview44
Listing by pillar 9®
Property listed by TREC The Real Estate Company, Brokerage
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Market Data - Grandview

Geo Zone Map ThumbnailGrandview

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2025

0 day

2024

54 days

2023

46 days

New Listings

Past 30 days

1 listing

Compared to

2025

2 listings

2024

2 listings

2023

1 listing

Units sold

Past 30 days

2 units

Compared to

2025

0 unit

2024

3 units

2023

2 units

Median Sold Price

Past 30 days

$385,550

Compared to

2024

$360,000

2023

$290,000


Population and Demographics

Overview

Total population 1129
Average household income $98,468

Age (%)

0 to 19
18%
20 to 34
22%
35 to 49
20%
50 to 64
21%
65 and plus
19%

Household composition (%)

Single family
51%
Single person
41%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
92%
Others
3%
Spanish
1%
French
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
58%
Renters
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget