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22 Mcdougall Close
Beds
5
Baths
3
Sqft
1,214
Year
2007
Type
Single Family
On market
94d
What a Gem! Welcome to this fully developed 5 bedroom, 3 bathroom bi-level home located on a quiet close in the desirable community of Penhold. Built in 2007, this spacious and thoughtfully designed property offers an ideal combination of comfort, functionality and room for the entire family. The bright and open main floor features a welcoming layout with the kitchen, dining area and living room flowing seamlessly together, creating the perfect space for everyday living and entertaining. Large windows allow an abundance of natural light to fill the home, enhancing the warm and inviting atmosphere. The main level offers three generous bedrooms, including a comfortable primary suite complete with a walk-in closet and private 3-piece ensuite. Two additional bedrooms and another full bathroom complete the upper level, making it ideal for families with children or guests. The fully developed basement adds significant additional living space and features a large family room perfect for movie nights, entertaining, or relaxing. A pool table is included, making this a fantastic recreation space for family and friends. The lower level also includes two large additional bedrooms, a spacious 4-piece bathroom and convenient rough-in plumbing for a future wet bar. Comfort is enhanced with fully operational in-floor heating, making the basement warm and cozy throughout the year. This home has been carefully maintained and includes many excellent upgrades and features such as central air conditioning, a built-in surge protector, high-efficiency hot water tank, central vacuum system with attachments, and a built-in air purification system. Step outside to enjoy the composite 13 x 13 deck overlooking the large, fully fenced and beautifully landscaped backyard. RV Gate with RV parking and concrete block pad in front of the gate. The yard faces sunny west, allowing you to enjoy warm afternoon and evening sunshine - perfect for relaxing, gardening, or hosting summer barbecues. Parking a nd storage are excellent with a 21’ x 25’ attached garage that is fully insulated, drywalled and painted, providing a clean and functional space for vehicles, projects or additional storage. Appliances included with the home are stove, refrigerator, dishwasher and microwave, making this property move-in ready. Located in a quiet family-friendly close in Penhold, this home offers the perfect balance of peaceful living while still being only minutes from Red Deer and close to schools, parks and amenities. If you are looking for an exceptional, well maintained home with plenty of space for a growing family, this property is a must see.The Town of Penhold is a vibrant and growing community located just 10 minutes south of Red Deer, offering the perfect blend of small-town charm and modern convenience and still very close to City of Red Deer . The town features beautiful parks, great schools, and the popular Penhold Recreation Centre, where residents enjoy skating, sports and community events year-round. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 23.75 Ft x 20.25 Ft | |
| Bedroom | 13.67 Ft x 12.75 Ft | |
| Bedroom | 12.00 Ft x 12.83 Ft | |
| 4pc Bathroom | 7.00 Ft x 9.00 Ft | |
| Laundry room | 7.25 Ft x 8.67 Ft | |
| Furnace | 5.83 Ft x 11.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.33 Ft x 12.67 Ft | |
| Living room | 14.00 Ft x 12.83 Ft | |
| Dining room | 10.00 Ft x 12.67 Ft | |
| 4pc Bathroom | 7.92 Ft x 4.83 Ft | |
| Primary Bedroom | 14.92 Ft x 12.58 Ft | |
| Bedroom | 11.58 Ft x 11.42 Ft | |
| Bedroom | 9.92 Ft x 9.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.42 Ft x 4.83 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
4.43%
Cap rate
5.75%
GRM
11.9
Break-even rent
$2,935
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 Penhold. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.