$349,900
4122 50 Street
Beds
3
Baths
2
Sqft
—
Year
1958
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Charming legally suited 1958 bungalow just steps from the little ice cream shop in south-after Michener Hill. Perfect for first time home buyers or smart investors, the main floor offers a spacious living room, dinning area, kitchen . 2bedrooms and a full bath. The fully finished legal basement suite features one bedroom, bathroom dinning area, and kitchen Currently generating $1000/month. Upgrades included furnace ,water tank, shingles. Situated on a massive lot with a single detached garage and rear parking for 4 vehicles. Live smart invest wisely in a prime location. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bi-level
- Structure
- House
- Community
- Michener Hill
- Common interest
- Freehold
- Living area
- 1,036 square feet
- Lot size
- 6,250 square feet
- Lot dimensions
- 6250.00
- Bedrooms
- 2 above grade, 1 below grade
- Parking
- 4 total
- Stories
- 1
- On market
- Feb 18, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $2,599 (2025)
- Zoning
- R-L
- Photos
- 16
- MLS#
- A2287218
- Area
- RED_DEER
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Flooring
Foundation
Lot
Cash on cash
-1.97%
Cap rate
5.50%
GRM
12.1
Break-even rent
$2,521
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.
Lifestyle nearby
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.