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205 Van Slyke Way
Beds
5
Baths
4 full + 1 half
Sqft
2,354
Year
2013
Type
Single Family
On market
19d
Welcome to 205 Van Slyke Way — move-in ready, fully developed, and loaded with upgrades. This exceptional two-storey in the highly sought-after Vanier East subdivision delivers the space, quality, and lifestyle that today's buyers are looking for. The sunny main floor impresses with rich hardwood flooring and granite countertops throughout a bright, open-concept layout designed for both everyday living and effortless entertaining. The gourmet kitchen features a central island, ample cabinetry, and seamless flow into the dining and living areas — a setup that works as hard as it looks. A private office, welcoming foyer, convenient mudroom, and 2-piece bath round out a main floor that's as functional as it is beautiful. Upstairs, four generously sized bedrooms provide room for the whole family. The spacious primary suite features a walk-in closet and private ensuite, while a large vaulted bonus room offers the perfect flex space for a media lounge, playroom, or second living area. Upper-floor laundry adds the everyday convenience today's buyers expect. The fully developed walkout basement takes this home to another level — featuring an additional bedroom, full bathroom, second laundry area, and a professionally designed media room with installed speakers and subwoofers built in. Whether it's movie nights or hosting guests, this space delivers. Outside, a durable composite deck overlooks a fully fenced backyard — perfect for summer evenings, morning coffee, or letting the kids run free. The extended concrete driveway, double attached garage, and two sheds ensure you'll never run out of parking or storage. The upgrades list is long and the quality is real: high-end appliances, central air conditioning, central vacuum, on-demand hot water, water softener, humidifier, and HRV unit. Window coverings included throughout. This home has been maintained to a standard that shows. Located steps from parks, schools, and everyday amenities in one of Red Deer's most family-friendly and established neighbourhoods — Vanier East continues to be one of the city's most in-demand addresses for good reason.This one is turnkey. Nothing to do but move in. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Media | 21.25 Ft x 32.67 Ft | |
| Laundry room | 7.17 Ft x 5.17 Ft | |
| Bedroom | 10.83 Ft x 14.25 Ft | |
| 4pc Bathroom | 9.00 Ft x 4.92 Ft | |
| Furnace | 7.00 Ft x 8.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 7.83 Ft x 9.92 Ft | |
| 2pc Bathroom | 5.25 Ft x 4.42 Ft | |
| Den | 8.83 Ft x 11.33 Ft | |
| Dining room | 6.92 Ft x 13.67 Ft | |
| Pantry | 6.67 Ft x 2.50 Ft | |
| Kitchen | 14.42 Ft x 16.83 Ft | |
| Living room | 14.83 Ft x 15.33 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 18.83 Ft x 15.83 Ft | |
| Bedroom | 10.92 Ft x 13.08 Ft | |
| Bedroom | 10.92 Ft x 13.08 Ft | |
| Primary Bedroom | 15.75 Ft x 11.75 Ft | |
| Other | 6.67 Ft x 2.50 Ft | |
| 4pc Bathroom | 16.58 Ft x 9.83 Ft | |
| 4pc Bathroom | 8.25 Ft x 5.17 Ft | |
| Bedroom | 8.83 Ft x 12.92 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
-1.01%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,633
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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.
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.