Timberlands, Red Deer · MLS® A2343043
556
1,875 sq ft · 5,086 sq ft lot · House · Single Family · built 2017 · 50 days on market
listed by Cindy Price, Realty Executives Alberta Elite
Rare Legal two-residence property in Timberlands ~ Situated on one freehold title, the property includes a beautifully finished two-story main home and a separate legal residence containing a double detached garage with a Legal Suite above it. Both tenant occupied under fixed-term lease arrangements. The main home offers three upstairs bedrooms, 2½ bathrooms, upper laundry and a dramatic open-to-below living room. Granite counters, stainless appliances, a gas range with commercial-style hood, hardwood flooring, central air and a pocket office complement the main level. The fully finished lower level adds a fourth main-home bedroom, full bathroom and expansive family room.The independent carriage residence offers one bedroom, one full bathroom, a complete kitchen, six appliances, in-suite laundry, LVP flooring and in-floor heating above an in-floor-heated double detached garage. The main residence also provides a double attached garage, two-vehicle driveway and separate gravel parking pad.Outdoor features include rear deck and patio areas, a private primary-bedroom balcony, gas BBQ connection and a fully fenced yard with new custom fencing completed July 2026. A new 50-gallon hot-water tank was installed in October 2025.A distinctive investment opportunity with two self-contained legal residences on one title.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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about $9,581 a year
The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).
The listing shows $7,173 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 91/100 · Very walkable: most errands on foot
Within a 10 minute walk: 3 grocery stores, 10 places to eat or drink, 1 cafe, 9 parks and playgrounds, 2 schools, 1 pharmacy, 9 transit stops.
mihom score from OpenStreetMap places, by straight line distance.