We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
201 Thompson Crescent
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Red Deer · Single Family · under $925,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
Welcome to **201 Thompson Crescent**—an executive custom-built bungalow that stands in a class of its own. Offering exceptional size, quality, and thoughtful upgrades, there is no other bungalow this new and this spacious in this price range anywhere in Red Deer. Perfectly positioned backing onto the trees of College Park, this stunning home offers outstanding curb appeal and a peaceful setting. Step inside to an open-concept great room designed for both everyday living and entertaining, featuring luxury vinyl plank flooring, a striking whitewashed brick fireplace, quartz countertops, and an impressive 4' x 8.5' island. Expansive windows showcase the beautiful backyard views, while the garden door leads to a professionally installed 17' x 10' covered and screened deck. The west-facing yard also features a 13' x 13' lower patio—ideal for enjoying sunny afternoons and evenings. The spacious primary retreat includes a custom walk-in closet with built-in organizers and a luxurious ensuite complete with dual vanities, a freestanding soaker tub, and a glass-enclosed shower. A second main-floor bedroom offers flexibility as a guest room or home office. The fully finished basement is equally impressive, featuring operational in-floor heating, a massive family room, a versatile flex room behind stylish barn doors (currently used as a home gym), two generous bedrooms, and another full bathroom. Additional upgrades include central air conditioning, a heated garage, poured concrete walkways, a newly installed garage man door, composite decking at both the front and back, vinyl fencing, Gemstone permanent exterior lighting, and a custom blind package. Every detail of this exceptional home has been carefully considered. Photos simply can't capture everything it has to offer—201 Thompson Crescent is truly a home that must be experienced in person. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 24.25 Ft x 17.00 Ft | |
| Bedroom | 12.92 Ft x 15.50 Ft | |
| Laundry room | 6.50 Ft x 9.33 Ft | |
| Bedroom | 12.92 Ft x 15.00 Ft | |
| Exercise room | 11.75 Ft x 17.00 Ft | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.58 Ft x 17.00 Ft | |
| Dining room | 9.50 Ft x 20.58 Ft | |
| Kitchen | 9.25 Ft x 16.50 Ft | |
| Bedroom | 9.67 Ft x 9.83 Ft | |
| 4pc Bathroom | — | |
| 5pc Bathroom | — | |
| Primary Bedroom | 12.92 Ft x 15.25 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).
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 Jun 26, 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.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.