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19 Gibson Close
Beds
5
Baths
2
Sqft
1,704
Year
1982
Type
Single Family
On market
29d
This legally suited 4 level split sits on a large pie lot inside of a quiet cul-de-sac! The upper suite has a newer composite deck off the front entry, and offers a spacious, front facing living room, a dedicated dining space, and a renovated kitchen with modern cabinetry and matching white appliances. A private laundry room and storage space is conveniently located just off the main living space. Upstairs are three bedrooms, including a generous primary with double closets, plus a 4 piece bathroom with direct access to the primary through a cheater door featuring an updated tub and surround. The lower level suite features a bright, large living room overlooking a spacious private backyard. The dining area sits adjacent to the living room and flows seamlessly to an updated kitchen equipped with maple cabinets, matching white appliances, and a spacious pantry. The basement level includes two bedrooms, a 4 piece bathroom, and a private laundry room off one of the bedrooms. Outside, the property provides separate, fully fenced yard spaces for each suite along with rear parking for up to four vehicles. Home has a brand new boiler that was just installed in 2026. Located steps to schools, parks, playgrounds, shopping, and the YMCA. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.42 Ft x 17.75 Ft | |
| Dining room | 8.00 Ft x 10.25 Ft | |
| Kitchen | 11.92 Ft x 7.83 Ft | |
| Laundry room | 10.00 Ft x 5.25 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.58 Ft x 12.00 Ft | |
| 4pc Bathroom | 11.58 Ft x 8.58 Ft | |
| Bedroom | 10.00 Ft x 11.33 Ft | |
| Bedroom | 10.00 Ft x 9.25 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.42 Ft x 21.00 Ft | |
| Dining room | 7.92 Ft x 10.67 Ft | |
| Kitchen | 11.75 Ft x 10.33 Ft | |
| Bedroom | 9.67 Ft x 12.17 Ft | |
| 4pc Bathroom | 9.08 Ft x 4.92 Ft | |
| Primary Bedroom | 10.67 Ft x 11.08 Ft | |
| Laundry room | — | |
| Furnace | 5.08 Ft x 5.92 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
16.36%
Cap rate
8.14%
GRM
9.1
Break-even rent
$2,267
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 6, 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.