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147 Alexander Crescent
Beds
4
Baths
3
Sqft
1,830
Year
1998
Type
Single Family
On market
33d
This meticulously maintained luxury home, built by Kalis Homes, is ideally situated in the prestigious Anders Park East neighbourhood of Red Deer and backs directly onto a serene green space. The residence welcomes you with an open-concept main floor highlighted by soaring ceilings, quality tile flooring, and a central skylight that bathes the living area in natural light. A chef’s kitchen serves as the heart of the home, featuring quartz countertops, a spacious center island with an eating bar, high-quality cabinetry, and built-in appliances, including a stove, microwave, and dishwasher, all installed within the last two years, along with the window coverings. Adjacent to the kitchen is a large dining area and a living room centred around a cozy, three-sided gas fireplace. A dedicated front office near the entryway offers the perfect remote workspace or can easily serve as an additional bedroom, while a separate main-floor laundry room adds everyday convenience. The primary suite serves as a private sanctuary, offering a large walk-in closet and a luxurious five-piece ensuite complete with a tiled shower, cozy in-floor heating, and a deep soaker tub newly installed in 2025. Extensive flooring upgrades completed in 2025 feature engineered waterproof throughout the living room, primary bedroom, and office, with durable waterproof vinyl plank completing the remaining bedrooms. The expansive basement provides substantial additional living space, including a large family room, a wet bar, two generous bedrooms, and a four-piece bathroom. There is a gas fireplace in the basement recreation room and a huge storage room. The entire lower level is equipped with operational in-floor heating, making it an ideal, comfortable space for guests or relaxation. The exterior and mechanical systems have been extensively updated to provide complete peace of mind, including a fresh coat of paint across the entire interior and exterior of the home. Brand-new mechanical upgrades include a new furnace, air conditioning unit, air exchanger, and water softener, complemented by underground sprinklers, a phantom screen door, and a gas BBQ hook-up on the large 12' x 22' covered back deck. Parking and storage are exceptional with an oversized, heated double attached garage that is fully insulated and equipped with a floor drain, fronted by a concrete driveway finished with a durable protective rubber membrane newly applied in 2025. The beautifully manicured yard and large side yard feature a premium 12' x 22' above-ground pool professionally levelled on a sand base. This turnkey summer retreat is fully hard-plumbed for reliability and includes an upgraded pump, a large-capacity filtration system, a new heat pump, a solar cover, and premium stairs, with all equipment neatly housed in a dedicated storage shed. This home represents an outstanding opportunity to own a high-quality residence in one of Red Deer’s most desirable locations. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 15.58 Ft x 12.75 Ft | |
| Bedroom | 15.83 Ft x 12.50 Ft | |
| Recreational, Games room | 31.42 Ft x 29.00 Ft | |
| Storage | 15.58 Ft x 31.58 Ft | |
| 4pc Bathroom | 8.00 Ft x 6.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 15.08 Ft x 13.33 Ft | |
| Living room | 16.67 Ft x 21.25 Ft | |
| Laundry room | 10.17 Ft x 8.83 Ft | |
| Kitchen | 18.25 Ft x 15.08 Ft | |
| Foyer | 7.17 Ft x 6.92 Ft | |
| Breakfast | 13.00 Ft x 12.83 Ft | |
| Dining room | 10.67 Ft x 14.08 Ft | |
| Bedroom | 12.00 Ft x 12.00 Ft | |
| 5pc Bathroom | 9.42 Ft x 15.00 Ft | |
| 4pc Bathroom | 8.00 Ft x 6.17 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
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,239
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 5, 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.