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25 Grove Close
Garden Heights is one of Red Deer's most desirable neighbourhoods—surrounded by mature trees and walking trails, yet only steps from Clearview Market Square with groceries, restaurants, coffee shops, banking, and everyday amenities. Situated on a large pie-shaped lot, this fully finished 5-bedroom, 3-bathroom home offers over 3 levels of thoughtfully designed living space. The open-concept main floor features soaring ceilings, hardwood floors, central air conditioning, a stunning floor-to-ceiling stone fireplace, and a beautiful kitchen with granite countertops, a large island, stainless steel appliances, and a corner pantry. The upper-level primary suite is a true retreat with a huge walk-in closet, a loft area perfect for a home office, and a luxurious ensuite featuring double sinks, a tiled shower, and a jetted tub. The recently finished basement adds two bedrooms, a full bathroom, a large family room, 9' ceilings, vinyl plank flooring, and in-floor heat. Outside, enjoy the private backyard with underground sprinklers, upgraded vinyl fencing, a gas BBQ hookup, and a storage shed.• Central A/C (2021)• Hot water tank (2026)• Water softener (2024)• Reverse osmosis water system• In-floor heat in basement and garage• Hot & cold water taps in garage and backyard• Finished heated garage with 10' doors, 10'6" ceilings, floor drains, and automatic security rail locksA rare opportunity to own a beautifully maintained home in one of Red Deer's most sought-after communities. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.92 Ft x 4.92 Ft | |
| Bedroom | 9.92 Ft x 10.50 Ft | |
| Bedroom | 9.25 Ft x 10.42 Ft | |
| Other | 6.00 Ft x 12.00 Ft | |
| Family room | 11.67 Ft x 29.83 Ft | |
| Laundry room | 10.00 Ft x 7.58 Ft | |
| Furnace | 7.00 Ft x 8.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 9.08 Ft | |
| Bedroom | 10.00 Ft x 12.75 Ft | |
| Bedroom | 10.00 Ft x 12.67 Ft | |
| Dining room | 10.42 Ft x 10.92 Ft | |
| Foyer | 11.17 Ft x 13.67 Ft | |
| Kitchen | 23.92 Ft x 15.08 Ft | |
| Living room | 4.00 Ft x 18.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | 9.50 Ft x 12.67 Ft | |
| Primary Bedroom | 12.92 Ft x 17.42 Ft | |
| Other | 12.92 Ft x 6.17 Ft | |
| Other | 9.50 Ft x 10.92 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
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$4,930
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.
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 13, 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.