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39 Lake Street
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Rural Red Deer County · Single Family · under $500,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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A two storey house with 3 bedrooms and 3 bathrooms. The front entryway greets you to the open style floor plan with laminate flooring that runs through the main floor. The living room is flooded with natural light through the large front window. Ceiling height kitchen cabinets are accented by quartz countertops, a new microwave hoodfan, stainless steel appliances, full tile backsplash, a large eating bar island with a sink, pot/pan drawers and a pantry for your convenience. There is a nice sized eating area and a powder room. Upstairs features 3 bedrooms, 2 bathrooms and a laundry closet. The king sized primary bedroom has a large walk through double sided closet & a 4 piece ensuite with an oversized glass/tile shower, an extended vanity, double sinks, quartz countertops and a water closet. The basement is unfinished and ready for your development with rough in for a bathroom. You'll love the backyard that features a 2 tier deck with a privacy wall and gazebo, vinyl fence and parking for two vehicles. The home features a Brilliant Light System, with touch dimmers, a screen and an app for Alexa to control the lights and thermostat. Better than new with all the appliances included, landscaping and fence! The home has solar panels (assumable contract). (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.00 Ft x 13.00 Ft | |
| Dining room | 14.50 Ft x 9.92 Ft | |
| Kitchen | 12.58 Ft x 9.08 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.83 Ft x 10.50 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 11.17 Ft x 9.33 Ft | |
| Bedroom | 12.83 Ft x 9.25 Ft | |
| 4pc 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
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).
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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.
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 14, 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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