47 Olsen Street

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$379,900

47 Olsen Street

Oriole Park, Red Deer · MLS® A2298696

311

986 sq ft · 7,088 sq ft lot · House · Single Family · built 1971 · 205 days on market

listed by Quisha Yee, Royal LePage Network Realty Corp.

realtor's description

Welcome to this charming and move-in ready 3-bedroom bungalow, perfect for first-time buyers, downsizers, or investors, located in the desirable community of Oriole Park. The main floor features three comfortable bedrooms and a full bathroom, offering a functional and family-friendly layout.This home has seen several recent updates, including fresh paint throughout, new vinyl flooring, updated countertops, and modern lighting, giving it a bright and refreshed feel from the moment you step inside.The partially finished basement offers additional living space with a spacious rec room—ideal for entertaining, a home gym, or a cozy movie area—with plenty of potential to further develop to suit your needs.Outside, you’ll find a single detached garage, adding convenience and extra storage.A great opportunity to own an updated bungalow with room to grow—don’t miss your chance to make this home yours!

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
living area: 986 sq ft
lot: 7,088 sq ft
parking: 1
year built: 1971
property tax: $2,878 / yr
days on market: 205
MLS®: A2298696

features

Back lane
Refrigerator
Dishwasher
Stove
Washer & Dryer

property tax

about $3,733 a year

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

The listing shows $2,878 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.

monthly cost

$1,895/mo

Mortgage $1,655 · Tax $240

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

estimated payment

$1,655/ monthly

loan $303,920

25-year amortization

down payment20% · $75,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $192,636
land title fees: $785; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $76,765; down + land title fees
total paid: $496,556

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