pillar/IMG-A2340600_1.jpg
47 days on Market

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

Detached
2 + 2
2
~960.00 sqft
$•••,•••
$409,900
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Detached
2 + 2
2
~960.00 sqft

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Highlights

Property Estimate

Days on market47 days

Estimated valueNot available

Price/Sqft$426/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. 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.


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"

Bedroom

11`4" x 9`1"

Dining Room

8`7" x 8`0"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Aug 27, 2026
ListedActive
$409,900
47 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

12 days

Compared to

2025

0 day

2024

42 days

2023

56 days

New Listings

Past 30 days

2 listings

Compared to

2025

2 listings

2024

2 listings

2023

3 listings

Units sold

Past 30 days

2 units

Compared to

2025

0 unit

2024

1 unit

2023

2 units

Median Sold Price

Past 30 days

$272,000

Compared to

2024

$281,649

2023

$321,000


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