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10 Chappel Drive
Beds
4
Baths
3 full + 1 half
Sqft
1,133
Year
1980
Type
Single Family
On market
58d
Looking for the perfect place to call home? Step into this welcoming and charming property located in the heart of Clearview Meadows. This is a fantastic neighborhood suited for retirees, families, first time buyers, and professionals. The main floor offers a bright and inviting living space filled with natural light from large windows, flowing seamlessly into the dining area and kitchen. The kitchen is beautifully sunlit, featuring ample cabinetry and lovely views from the windows. just down the hall, you’ll find three well appointed bedrooms, including a spacious primary suite complete with a generous closet and a convenient 2 piece ensuite. A full 4 piece bathroom completes the upper level. The lower level features a large family room—perfect for movie nights, gaming, or relaxing—along with an impressive wet bar that makes entertaining easy. This level also includes a fourth bedroom, laundry area, and an additional 4 piece bathroom. Outside, enjoy mature trees, a welcoming front porch, a large side deck, and a flat, fully usable yard. Best of all, the property backs onto open green space, offering extra privacy and a peaceful setting. Ideally located close to all the amenities of Red Deer, yet tucked away in a quiet, comfortable, and safe community. some upgrades include: new roof in 2018, new kitchen window in 2026, new floors and paint in 2014, new furnace in 2025. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 9.25 Ft | |
| Other | 12.75 Ft x 15.75 Ft | |
| Bedroom | 16.58 Ft x 12.08 Ft | |
| Laundry room | 9.33 Ft x 9.08 Ft | |
| Living room | 17.75 Ft x 10.58 Ft | |
| Furnace | 10.00 Ft x 9.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 7.58 Ft x 4.92 Ft | |
| 4pc Bathroom | 7.58 Ft x 4.92 Ft | |
| Bedroom | 8.33 Ft x 13.67 Ft | |
| Bedroom | 8.33 Ft x 10.17 Ft | |
| Dining room | 12.67 Ft x 12.25 Ft | |
| Kitchen | 12.17 Ft x 11.75 Ft | |
| Primary Bedroom | 11.83 Ft x 10.33 Ft | |
| Living room | 15.00 Ft x 12.00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
11.29%
Cap rate
7.12%
GRM
10.1
Break-even rent
$2,207
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 7, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.