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Red Deer · Single Family · under $700,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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43 Thompson Crescent
Beautifully maintained fully finished two-storey home located in Timberstone. Offering 4 bedrooms, 3.5 bathrooms, with an exceptional layout.The bright and inviting main floor features contemporary paint colours, a spacious entryway, and an open-concept design. The kitchen is equipped with granite countertops, ample cabinetry, and a brand-new dishwasher installed in April 2026. The adjoining living room is highlighted by a cozy gas fireplace.Upstairs, you'll find three generously sized bedrooms, including the primary suite, along with a versatile bonus room that provides additional living space for a family room, playroom, or home office.The fully finished basement offers a fourth bedroom, a full bathroom, rec room and comfortable year-round warmth with operational in-floor heating.Step outside to enjoy the fully fenced south- facing backyard backyard featuring both a deck and a concrete patio, providing multiple options for outdoor relaxation and entertaining. Additional features include central air conditioning, garage breaker panel rated for 240V( option to install a 220V plug as the wire in breaker panel is already there), drain in garage, and a new 75-gallon hot water tank installed in May 2026.Located close to schools, parks, walking trails, shopping, and all the amenities Timberstone has to offer, this exceptional home is move-in ready and waiting for its next owners. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.17 Ft x 9.33 Ft | |
| Bedroom | 15.67 Ft x 12.92 Ft | |
| Recreational, Games room | 22.42 Ft x 20.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.33 Ft x 3.00 Ft | |
| Dining room | 9.33 Ft x 14.00 Ft | |
| Foyer | 8.58 Ft x 9.75 Ft | |
| Eat in kitchen | 14.75 Ft x 14.00 Ft | |
| Living room | 15.00 Ft x 20.33 Ft | |
| Other | 10.50 Ft x 8.75 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.83 Ft x 6.50 Ft | |
| 4pc Bathroom | 9.92 Ft x 9.50 Ft | |
| Bedroom | 12.08 Ft x 9.25 Ft | |
| Bedroom | 11.17 Ft x 10.42 Ft | |
| Bonus Room | 14.83 Ft x 11.33 Ft | |
| Primary Bedroom | 13.17 Ft x 16.25 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
-1.17%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,905
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 15, 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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