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Red Deer · Single Family · under $475,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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11 Mccune Avenue
Nestled on a quiet street in the highly desirable Morrisroe neighbourhood, this spacious 4-level split offers the perfect blend of comfort, functionality, and family-friendly living. The large, private backyard is a true standout, providing a peaceful retreat that sets this property apart.Designed with a growing family in mind, the well-planned layout offers space for everyone. The bright and inviting living and dining areas feature west-facing windows, filling the home with an abundance of natural light. The cheerful kitchen offers ample cabinetry and overlooks the beautifully landscaped backyard.Upstairs, you’ll find three bedrooms, including the primary suite complete with a convenient 2-piece ensuite. The main bathroom has been tastefully updated. The third level features a cozy family room with a wood-burning fireplace, a fourth bedroom, and an additional bathroom—ideal for teenagers, guests, or a home office.The fourth level adds even more versatility with a spacious flex room perfect as a playroom, games room, home gym, craft studio, or media room, along with a fifth bedroom and the laundry/mechanical area.Parking is never a concern with a detached rear garage plus a front driveway offering additional space for vehicles or RV parking.Enjoy excellent walkability with schools, parks, playgrounds, and shopping all nearby. If you’re looking for a home your family can grow into in a safe, established, and welcoming community, this may be the perfect property for you! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 11.75 Ft x 18.17 Ft | |
| Bedroom | 12.00 Ft x 7.75 Ft | |
| 3pc Bathroom | 8.75 Ft x 9.00 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 12.00 Ft x 19.58 Ft | |
| Bedroom | 13.75 Ft x 10.92 Ft | |
| Laundry room | 6.50 Ft x 9.08 Ft | |
| Furnace | 5.08 Ft x 9.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.17 Ft x 15.83 Ft | |
| Kitchen | 15.08 Ft x 12.25 Ft | |
| Dining room | 13.08 Ft x 9.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.67 Ft x 12.25 Ft | |
| 2pc Bathroom | 4.00 Ft x 5.00 Ft | |
| Bedroom | 10.75 Ft x 8.83 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.42 Ft | |
| Bedroom | 10.75 Ft x 8.83 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
8.56%
Cap rate
6.58%
GRM
10.7
Break-even rent
$2,662
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 2, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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