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504, 4719 33 Street
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Beds
3
Baths
1
Sqft
979
Year
1962
Type
Single Family
On market
11d
Fabulous 3 bedroom 1.5 bath end unit townhome backing onto a common green space, located just steps away from the park, Red Deer's fabulous trail system, numerous shopping service amenities, and a few blocks from the hospital and Red Deer Polytechnic.. Affordable living in a great location! This home has had many upgrades over the years including the kitchen (approx. 5 years ago). Kitchen has stainless steel stove/fridge/dishwasher and over the range microwave. The balance of the main floor consists of a large living room with view of the large green space and access to green space through a man door. Upstairs you will find three bedrooms and a 4 piece bathroom. The two spare bedrooms are a decent size while the primary bedroom is very large. The basement is open for development or plenty of storage and includes the laundry area with washer/dryer. The sewer lines in this home has just been upgraded. This home also offers a great opportunity for investors as a revenue property. Don't delay, its hard to find something this affordable in such a great area! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15.00 Ft x 18.17 Ft | |
| Other | 11.00 Ft x 10.83 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.92 Ft x 18.33 Ft | |
| Bedroom | 10.50 Ft x 10.00 Ft | |
| Bedroom | 10.50 Ft x 10.42 Ft | |
| 4pc Bathroom | — |
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
45.48%
Cap rate
13.96%
GRM
5.7
Break-even rent
$1,084
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 8, 2026.
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.