$255,000
6035 59 Street
Beds
4
Baths
1
Sqft
—
Year
1973
Type
Single Family
Suite
Investment signal
Location 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.
About this home
Welcome to this bungalow half duplex offering 973 sq. ft. of comfortable living space. This home features 4 bedrooms and a fully developed basement, providing plenty of room for growing families , Ideally located next to a beautiful treed city park reserve, you’ll enjoy added privacy and a peaceful natural setting right at your doorstep. The functional layout offers bright living spaces, practical design, and great versatility. Whether you’re a first-time homebuyer or looking to expand your portfolio, this property is a fantastic opportunity in a convenient location. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- Duplex
- Community
- Riverside Meadows
- Common interest
- Freehold
- Living area
- 973 square feet
- Lot size
- 4,399 square feet
- Lot dimensions
- 4399.00
- Bedrooms
- 3 above grade, 1 below grade
- Parking
- 2 total
- Stories
- 1
- On market
- Apr 20, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $2,205 (2025)
- Zoning
- R-D
- Photos
- 3
- MLS#
- A2303072
- Area
- RED_DEER
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Cash on cash
28.37%
Cap rate
10.54%
GRM
7.3
Break-even rent
$1,631
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: 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.
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.