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4413 40A Avenue
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Red Deer · Single Family · under $350,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Located in the desirable Grandview neighbourhood of Red Deer. This solid 1960-built bungalow offering 1,058 sq ft of living space with four bedrooms and two bathrooms. This home features some original hardwood floors that add warmth and character, plus a newer high-efficiency furnace installed just three years ago for peace of mind and lower utility costs. Renovations have already begun on the main floor and the basement. The basement has the start of a second kitchen and an unfinished bathroom, giving you the perfect opportunity to finish the space to your own taste and create extra living area. Outside you’ll appreciate the oversized single detached garage and a generously sized yard, all in a great family-friendly location close to schools and amenities. This property is an excellent opportunity for the handy buyer or investor looking to add value in one of Red Deer’s most convenient neighborhoods. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Living room | 10.17 Ft x 21.42 Ft | |
| Kitchen | 13.00 Ft x 15.00 Ft | |
| Bedroom | 9.67 Ft x 10.08 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.75 Ft x 16.17 Ft | |
| Other | 10.33 Ft x 12.00 Ft | |
| Primary Bedroom | 10.25 Ft x 13.17 Ft | |
| Bedroom | 9.50 Ft x 11.75 Ft | |
| Bedroom | 9.58 Ft x 10.33 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
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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 Apr 7, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.