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Reduced $5,000 (1%) from $419,900
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107 Greig Drive
Beds
4
Baths
2
Sqft
1,085
Year
1980
Type
Single Family
On market
187d
Discover this stunning, extensively renovated home nestled in the heart of Glendale Park Estates, where exceptional design and top-tier craftsmanship come together in every detail. Taken right down to the studs and completely rebuilt, this home offers the comfort of a new build paired with the charm of a mature neighbourhood. Step inside to a bright, expansive great room featuring wide-plank luxury vinyl flooring, oversized windows, and an effortless flow throughout the main living spaces. The custom-designed kitchen is a true showpiece—perfect for the most discerning cook—with its beautifully crafted cabinetry, full tile backsplash, stainless steel appliances, and a centre island complete with a raised eating bar and a striking custom butcher-block teardrop countertop. The open-concept dining and living areas make everyday living and entertaining seamless, while the creative built-in closet and bench system at the front entry highlights the home’s thoughtful redesign. Upstairs, you'll find three generous bedrooms, including an impressively large primary suite with an oversized closet. The jaw-dropping 4-piece main bathroom offers spa-like luxury with a deep soaker tub, elegant tilework, and exceptional storage. The third level—bathed in natural light—features a massive family/rec room ideal for gatherings, games, or movie nights, along with a fourth bedroom and a beautifully finished 3-piece ensuite complete with a custom-built tiled shower. The lower level hosts the laundry and utility spaces, abundant storage, and plumbing already in place for a future bathroom—offering even more potential. Set on a mature, beautifully treed lot, the property includes towering spruce trees, an interlocking brick driveway and patio, a spacious deck, and a large, private south-facing backyard perfect for relaxing or entertaining outdoors. With its extensive renovations, thoughtful layout, and meticulous attention to detail, this home must be seen to fully appreciate the quali ty of workmanship and modern design throughout. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.67 Ft x 8.42 Ft | |
| Bedroom | 12.58 Ft x 11.75 Ft | |
| Family room | 18.58 Ft x 16.92 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Furnace | 6.92 Ft x 8.67 Ft | |
| Other | 21.42 Ft x 21.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 9.17 Ft x 8.42 Ft | |
| Kitchen | 12.42 Ft x 8.42 Ft | |
| Living room | 19.67 Ft x 14.00 Ft | |
| Bedroom | 8.67 Ft x 14.50 Ft | |
| Bedroom | 8.08 Ft x 10.92 Ft | |
| Primary Bedroom | 13.92 Ft x 12.42 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 12.25 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
4.11%
Cap rate
5.69%
GRM
11.9
Break-even rent
$2,601
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 May 25, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.