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242 Viscount Drive
Beds
4
Baths
3
Sqft
1,320
Year
2012
Type
Single Family
On market
15d
Enjoy a beautifully designed layout ideal for families, complete with generous room sizes, plenty of natural light and a welcoming atmosphere throughout. The attractive curb appeal to the home is complimented with the natural blend of stone work and vinyl siding on the exterior of house. An open main floor concept offers soaring vaulted ceilings to accentuate the room height which seamlessly blends the living room, dining and kitchen area plan. All durable laminate flooring with a clean, hypoallergenic finish throughout. Rich dark stained maple cabinets create a warm and sophisticated kitchen area. Marble counter tops, all matching stainless steel appliances plus a decorative tile back splash elegantly ties the space together. Two large guest bedrooms on the main level plus a full four piece bath is excellent for having the kids or family on the same floor. Follow upstairs to your own private retreat. A sumptuous Primary bedroom is nicely located om the upper level which offers plenty of room for a King size furniture set, a deep walk in closet with organizers plus your very own full four piece en suite. Follow downstairs and find the perfect basement for entertaining. With a full walk out onto grade level you will appreciate the tall ceiling height and large windows. Media area which is ideal for gaming or streaming devices. Expansive wet bar area with great flow for gatherings. Raised bar ideal for additional seating, wine fridge plus sink all add to the social space. Huge guest bedroom which could easily substitute as a home gym, office or large studio space. The spacious laundry/utility room is an excellent size offering additional room for storage items. A full walk out access takes you directly to the fully fenced and landscaped yard. Great for any season the large covered patio is perfect for a fire pit area to sit around and create memories. An extra large garden shed is ideal for the seasonal items to be stored in plus there is plenty of yard space left o ver to enjoy. A nice size west facing top deck makes for the perfect afternoon or evening retreat to relax and unwind on. Located close to large parks plus walking trails there is plenty of outside options to keep you fit and active. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 33.33 Ft x 13.42 Ft | |
| Bedroom | 12.75 Ft x 12.00 Ft | |
| 3pc Bathroom | — | |
| Furnace | 13.08 Ft x 8.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.00 Ft x 10.67 Ft | |
| Dining room | 9.75 Ft x 14.08 Ft | |
| Kitchen | 13.50 Ft x 15.83 Ft | |
| Bedroom | 12.58 Ft x 11.33 Ft | |
| Bedroom | 14.67 Ft x 9.08 Ft | |
| 4pc Bathroom | — |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 15.50 Ft x 12.42 Ft | |
| 4pc Bathroom | — |
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
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Insurance estimate
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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
-1.15%
Cap rate
4.63%
GRM
13.8
Break-even rent
$3,359
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 4, 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.