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Red Deer · Single Family · under $800,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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378 Webster Drive
Welcome to this exceptional executive modified bi-level, perfectly situated on a spacious pie-shaped lot in a quiet keyhole close in the highly sought-after community of Westlake. Just steps from Heritage Ranch, the Red Deer River trail system, and endless walking paths, this home offers an outstanding combination of luxury, comfort, and location. From the moment you arrive, the pride of ownership and extensive exterior upgrades are evident. Beautiful stamped concrete, decorative concrete edging, underground sprinklers, RV parking, and a natural gas fire pit create impressive curb appeal and an outdoor space designed for entertaining. Step inside the grand foyer, where soaring ceilings and an abundance of natural light immediately set the tone. A functional mudroom with custom-built lockers and generous storage adds everyday convenience. The open-concept main living area is truly breathtaking, highlighted by soaring coffered ceilings with custom decorative stippling, oversized windows, and a stunning tile-faced gas fireplace. The chef-inspired kitchen is sure to impress with rich stained cabinetry, quartz countertops, a massive centre island with eating bar, full tile backsplash, upgraded appliances, vaulted ceilings, and exceptional workspace. The spacious dining area seamlessly connects to the kitchen and living room, making it ideal for hosting family gatherings or entertaining guests. The main level also features two generously sized bedrooms and a beautifully appointed 4-piece bathroom. Privately situated above the main living area, the luxurious primary suite is a true retreat. This impressive space offers a spacious bedroom, walk-in closet with custom organizers, and a spectacular spa-inspired 6-piece ensuite featuring heated tile floors, a custom tiled shower, air-jetted soaker tub, dual vanities, and premium finishes throughout. The professionally finished lower level continues to impress with 9-foot ceilings, oversized windows, and an expansive famil y room centred around a beautiful stone-faced gas fireplace. The custom wet bar creates the perfect entertaining space, while French doors lead into a dedicated theatre room for unforgettable movie nights. A large additional bedroom, well-appointed 3-piece bathroom, and laundry room complete with sink and built-in shelving complete the lower level. This home is loaded with premium features, including in-floor heating, central air conditioning, built-in speaker system, reverse osmosis system, central vacuum, and an oversized heated attached garage complete with a floor drain and hot and cold water taps. The incredible backyard is designed for both relaxation and recreation. Enjoy the massive covered deck featuring low-maintenance Trex decking, aluminum railings with glass inserts, and a natural gas BBQ hookup. The expansive pie-shaped yard provides RV parking, plenty of room for children to play, and exceptional privacy—making it the perfect outdoor retreat. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 29.08 Ft x 16.67 Ft | |
| Media | 13.83 Ft x 14.50 Ft | |
| Bedroom | 10.67 Ft x 9.17 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Laundry room | 5.50 Ft x 11.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 19.17 Ft x 20.17 Ft | |
| Kitchen | 14.33 Ft x 15.83 Ft | |
| Dining room | 17.17 Ft x 9.00 Ft | |
| Bedroom | 10.58 Ft x 11.00 Ft | |
| Bedroom | 11.50 Ft x 10.50 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Other | 4.17 Ft x 7.25 Ft | |
| Foyer | 8.00 Ft x 7.75 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 17.75 Ft x 13.25 Ft | |
| 6pc Bathroom | .00 Ft x .00 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
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
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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
-1.06%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,511
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 9, 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.
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