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Reduced $40,000 (7%) from $569,999
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64 ISBISTER Close
Beds
6
Baths
3
Sqft
1,230
Year
2007
Type
Single Family
On market
28d
Welcome to this beautifully maintained bungalow in the desirable community of Ironstone, ideally situated on a quiet close on a SPACIOUS CORNER LOT backing directly onto green space and walking trails. Offering approximately 2,300 sq ft of total developed living space, this home combines functionality, comfort, and future potential perfect for young families or those looking to downsize without sacrificing space.The bright open concept main floor is designed for both everyday living and entertaining, featuring expansive windows that fill the space with natural light. The spacious living and dining areas flow effortlessly together, while the functional kitchen is equipped with stainless steel appliances a GAS STOVE, and ample workspace and storage.The main level includes a generous primary retreat complete with a walk-in closet and private ensuite, along with two additional bedrooms and a full 4-piece bathroom.The fully developed basement expands the home’s versatility with two additional bedrooms, a large recreation/family room, full bathroom, and the option for a sixth bedroom, office or flex space. A SEPARATE ENTRANCE to the lower level creates excellent potential for future legal suite development or multi-generational living. (subject to approval and permitting by the city/municipality)Step outside to enjoy the massive backyard with direct access to walking trails and green space perfect for families, pets, or summer entertaining with a convenient gas BBQ hookup already in place. The LARGE HEATED DOUBLE GARAGE provides exceptional year-round functionality with additional space ideal for storage, tools, or a dedicated workbench area.Additional highlights include a NEW ROOF (2024), HRV system, TANKLESS HOT WATER, central vacuum, and CENTRAL AC.A rare opportunity to own a cared for bungalow with a premium lot and outstanding flexibility in one of Red Deer’s most sought-after communities. (Photos are virtually staged) (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.50 Ft x 12.42 Ft | |
| Bedroom | 10.50 Ft x 12.75 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.17 Ft | |
| Bedroom | 7.92 Ft x 9.42 Ft | |
| Family room | 14.33 Ft x 26.92 Ft | |
| Laundry room | 7.00 Ft x 9.17 Ft | |
| Furnace | 6.08 Ft x 9.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.00 Ft x 11.67 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.00 Ft | |
| Bedroom | 9.83 Ft x 11.42 Ft | |
| Primary Bedroom | 11.58 Ft x 13.33 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.67 Ft | |
| Pantry | 3.92 Ft x 3.92 Ft | |
| Kitchen | 11.67 Ft x 14.25 Ft | |
| Dining room | 8.08 Ft x 12.00 Ft | |
| Living room | 12.00 Ft x 12.00 Ft | |
| Other | 4.17 Ft x 8.92 Ft | |
| Other | 3.92 Ft x 4.92 Ft | |
| Other | 4.17 Ft x 5.25 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
0.01%
Cap rate
4.87%
GRM
13.4
Break-even rent
$3,299
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 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.