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118 Viscount Drive
Beds
4
Baths
4 full + 1 half
Sqft
1,898
Year
2013
Type
Single Family
On market
5d
Fully developed with 2ND KITCHEN, heated garage, and 3 bedrooms up—this MOVE-IN READY VANIER WOODS home offers the space and flexibility today’s families are looking for. This quality-built home is ideally located close to schools, the Collicutt Centre, parks, and transit—PERFECT FOR GROWING FAMILIES. The upper level offers 3 spacious bedrooms, including a primary suite that easily accommodates a king-sized bedroom set, complete with a walk-in closet and SPA-INSPIRED 5-piece ensuite. A bright BONUS ROOM provides flexible space for a playroom, office, or second living area, along with a full 4-piece bath. The main floor features an OPEN-CONCEPT layout designed for everyday living and entertaining, with a warm MAPLE KITCHEN, corner pantry, eat-up island, and cozy gas fireplace. Step outside to the extended deck with PERGOLA and gas hookups, overlooking a FULLY FENCED, low-maintenance vinyl yard—ideal for kids and pets. The fully developed basement adds exceptional flexibility and value, featuring IN-FLOOR HEATING, a SECOND KITCHEN with QUARTZ ISLAND and INDUCTION COOKTOP, a bedroom, and a beautifully finished 3-piece bath—perfect for IN-LAWS, GUESTS, or BILLET families. Additional highlights include GRANITE COUNTERTOPS throughout, 30-year shingles, hot water on demand, Lennox high-efficiency furnace, heat recovery system, Sol-R-Shield vinyl-clad windows, HEATED GARAGE with 220 WIRING, central vacuum, STAINLESS STEEL APPLIANCES, new upper and basement flooring, and HOT TUB WIRING. PROFESSIONALLY DEVELOPED with permits—offering PEACE OF MIND and true MOVE-IN-READY living. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.58 Ft x 10.75 Ft | |
| Bedroom | 13.92 Ft x 10.17 Ft | |
| Kitchen | 13.67 Ft x 11.83 Ft | |
| Recreational, Games room | 11.33 Ft x 8.00 Ft | |
| Furnace | 8.08 Ft x 9.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.58 Ft x 4.83 Ft | |
| Dining room | 7.00 Ft x 12.08 Ft | |
| Foyer | 9.67 Ft x 5.33 Ft | |
| Kitchen | 14.50 Ft x 10.33 Ft | |
| Living room | 14.75 Ft x 14.67 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.25 Ft | |
| Bedroom | 9.08 Ft x 12.67 Ft | |
| Bedroom | 12.25 Ft x 10.92 Ft | |
| Family room | 14.50 Ft x 20.08 Ft | |
| Primary Bedroom | 13.50 Ft x 12.17 Ft | |
| 5pc Bathroom | 14.92 Ft x 10.25 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
-1.03%
Cap rate
4.66%
GRM
13.9
Break-even rent
$3,965
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 9, 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.