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223 Ellington Crescent
Beds
4
Baths
4 full + 1 half
Sqft
2,506
Year
2020
Type
Single Family
On market
27d
Stunning fully finished two-storey in Evergreen backing onto a beautiful treed reserve custom built by Mcgonigal Homes. Offering over 2500 Sq Ft above grade plus a fully developed walkout basement, this home features 4 bedrooms, 3.5 bathrooms, and an exceptional family-friendly layout. The main floor is bright from the abundance of windows, stylish, and designed for everyday living and entertaining with an open concept layout, feature fireplace in the living room, quartz countertops, and a stunning chef-inspired kitchen with upgraded stainless steel appliances including a gas stove plus the luxury of a butler’s pantry. Step out onto the oversized partially covered deck and take in the peaceful treed views, while the functional mudroom off the garage adds convenience to busy family life. The primary suite is a true retreat with a spa-inspired ensuite showcasing a custom tile shower, soaker tub, double vanity with quartz counters, heated tile flooring and a spacious walk-in closet with direct access to the laundry room. Upstairs is the ideal family layout with two additional great size bedrooms, the family 4pc bathroom and the bright bonus room perfect for movie nights. Downstairs, the walkout basement offers the ultimate entertaining space with a large family room, wet bar, and plenty of room to relax or host guests with the added comfort of in-floor heat. The basement offers a 4th bedroom, a 4pc bathroom and additional storage space. Additional notable features include Central A/C, an oversized deck with bbq gas hook up that could easily be converted into a sunroom if desired, lower concrete patio, high quality finishings throughout and more. Backing onto nature with no rear neighbours often frequented by moose and other wildlife, this impressive Evergreen home combines luxury, comfort, and an unbeatable setting. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.08 Ft x 4.92 Ft | |
| Bedroom | 14.33 Ft x 9.08 Ft | |
| Other | 11.58 Ft x 10.92 Ft | |
| Furnace | 18.75 Ft x 10.33 Ft | |
| Recreational, Games room | 16.33 Ft x 23.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.00 Ft x 5.92 Ft | |
| Dining room | 15.00 Ft x 10.75 Ft | |
| Foyer | 6.50 Ft x 8.42 Ft | |
| Pantry | 7.58 Ft x 4.92 Ft | |
| Kitchen | 15.00 Ft x 10.67 Ft | |
| Other | 11.67 Ft x 5.75 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 8.33 Ft x 7.67 Ft | |
| 5pc Bathroom | 8.25 Ft x 17.00 Ft | |
| 4pc Bathroom | 4.92 Ft x 10.17 Ft | |
| Bedroom | 10.92 Ft x 10.92 Ft | |
| Bonus Room | 13.33 Ft x 13.50 Ft | |
| Bedroom | 10.92 Ft x 11.00 Ft | |
| Primary Bedroom | 13.00 Ft x 15.67 Ft | |
| Other | 10.08 Ft x 7.67 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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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
-0.92%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,391
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 May 15, 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.