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Red Deer · Single Family · under $800,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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111 Adams Close
Show home condition inside and out! This impeccably maintained executive bungalow is tucked away on a beautifully landscaped pie-shaped lot and offers an exceptional combination of luxury, functionality, and incredible garage space that is sure to impress any car enthusiast. A spacious front entry welcomes you into the home where you'll find a front office and an open-concept floor plan designed for both everyday living and entertaining. The stunning kitchen has been beautifully updated with quartz countertops, two-tone cabinetry, full tile backsplash, new appliances including an induction stove, a wine storage feature built into the island, an eating bar, corner pantry, and an inviting dining area overlooking the great room. The living room features rich maple hardwood flooring, a cozy gas fireplace, built-in TV niche, and is wired for surround sound. The bright and inviting three-season sunroom extends your living space, making it the perfect place to relax from early spring through late fall. Step outside onto the spacious deck complete with a retractable awning, overlooking the meticulously maintained yard featuring underground sprinklers and two producing apple trees—one red and one green. The primary suite offers a generous walk-in closet and a luxurious 4-piece ensuite with a large shower and separate jetted tub. A convenient main floor laundry room completes the main level. Recent upgrades include all new triple-pane main floor windows, stylish day & night blinds throughout (except the primary bedroom), and central air conditioning installed in 2024. The fully finished basement is equally impressive, offering a massive family room with a second gas fireplace, built-in cabinetry, a wet bar, two oversized bedrooms, a full 4-piece bathroom, cold storage, and a large utility/storage room. Additional features include in-floor heat, a water softener, security system, and two hot water tanks (approximately 3 years old and 1 year old). One of the standout features o f this property is the incredible garage space. The heated attached double garage features a durable epoxy floor, while the detached single garage includes a dedicated workshop area. Both garages boast impressive 12-foot ceilings, high-lift garage doors, and new side-mount jackshaft openers, making them ideal for vehicle hoists, hobbyists, collectors, or anyone needing exceptional workspace. This is a rare opportunity to own a meticulously cared-for home where every detail has been thoughtfully maintained and upgraded. From the pristine condition of the home and yard to the unmatched garage setup, 111 Adams Close truly offers a lifestyle that is difficult to find. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 14.67 Ft x 38.08 Ft | |
| Bedroom | 14.75 Ft x 12.83 Ft | |
| Furnace | 13.33 Ft x 13.50 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 12.42 Ft x 14.67 Ft | |
| Other | 5.75 Ft x 9.67 Ft | |
| Storage | 3.25 Ft x 4.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 10.58 Ft x 9.25 Ft | |
| Bedroom | 10.92 Ft x 12.00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Primary Bedroom | 13.83 Ft x 21.42 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Living room | 15.25 Ft x 19.67 Ft | |
| Laundry room | 7.33 Ft x 5.33 Ft | |
| Kitchen | 15.58 Ft x 13.33 Ft | |
| Dining room | 11.42 Ft x 9.92 Ft | |
| Sunroom | 11.58 Ft x 9.67 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
-0.94%
Cap rate
4.68%
GRM
13.9
Break-even rent
$4,572
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 12, 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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