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4137 40 Street
homes for sale · Red Deer · Grandview
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$429,000

4137 40 Street

Grandview, Red Deer · MLS® A2333683

311

1,285 sq ft · 6,518 sq ft lot · House · Single Family · built 1955 · 85 days on market

listed by Lisa Suarez, Royal LePage Lifestyles Realty

realtor's description

Welcome home to this stunning, completely reimagined 3-bedroom, 1-bathroom bungalow nestled in Grandview, one of Red Deer’s most highly sought-after, mature neighbourhoods. Striking the perfect balance between classic charm and sophisticated design, this property underwent extensive professional updates in 2023 and is completely move-in ready. Interior Highlights: Gourmet Kitchen: Equipped with premium granite countertops, dramatic floor-to-ceiling modern cabinetry, and ample prep space. Refined Living Space: Gleaming refinished hardwood floors lead you to a cozy living area anchored by a sleek fireplace. Designer Finishes: Upgraded interior doors, elegant contemporary trim, and a beautifully stylized, fully renovated four-piece bathroom. The basement features a separate entrance and a completely blank slate, offering potential for an suite, a spacious recreation room, or multi-generational living. The dedicated mechanical room is cleverly designed with independent dual access from both the upper and lower entry points. Curb Appeal: Settled on a quiet, tree-lined street with professional landscaping and majestic mature trees. Backyard Oasis: Entertain effortlessly on the expansive two-tiered rear deck overlooking the private yard. Parking & Storage: Includes a detached garage paired with an oversized, three-car concrete parking pad. It's located in the heart of Grandview, just steps away from local parks, top-rated schools, walking trails, and exceptional everyday shopping and dining amenities.

property details

type
House, Single Family
bedrooms
3
bathrooms
1
living area
1,285 sq ft
lot
6,518 sq ft
parking
1
year built
1955
property tax
$3,491 / yr
days on market
listed by
Lisa Suarez
Royal LePage Lifestyles Realty
call Lisa · 403-396-6366
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similar homes nearby

85
MLS®
A2333683

features

  • Back lane
  • PVC window
  • No Animal Home
  • No Smoking Home
  • Washer
  • Refrigerator

monthly cost

$2,160/mo
Mortgage $1,869 · Tax $291

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$1,869/ monthly
loan $343,200
25-year amortization
total interest
$217,534
land title fees
$875
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$86,675
down + land title fees
total paid
$560,734

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

Grandview, Red DeerGoogle Maps ↗

property tax

about $4,215 a year

The asking price times Red Deer's 2026 residential rate of 9.83 per $1,000 (municipal and education).

The listing shows $3,491 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.

location

Grandview, Red DeerGoogle Maps ↗
Drive times
  • Grandview Elementary2 min
  • Downtown Red Deer4 min
  • Red Deer Regional Hospital Centre5 min
  • Lindsay Thurber Comprehensive High5 min
  • Bower Place6 min
  • Red Deer Polytechnic8 min
53

Walkability 53/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 1 grocery store, 11 parks and playgrounds, 4 schools, 20 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

3927 40A Avenue, Red Deer
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