




4 Beds
2 Baths
960 sqft
C$409,900
3927 40A Avenue, Red Deer Alberta, T4N2W9
Price per sqftC$426.98
Built in1956
Property size960 sqft
Property typeOther
Courtesy of Linda James with TREC The Real Estate Company
Overview
Active
Listed Aug 28, 2026
Updated 1h ago
Welcome to this lovely, well-maintained bungalow, with a fully LEGAL SUITE. ideally located in the sought-after community of Grandview. The property is conveniently situated near elementary, middle, and high schools, with downtown just minutes away and Red Deer Regional Hospital Centre approximately a five-minute drive away. A nearby shopping plaza, public transit, bike paths, and walking trails add to the everyday convenience of this DESIREABLE location. The MAIN LEVEL offers a bright, functional layout featuring an open kitchen, dining area, and living room, along with two bedrooms and an UPDATED four-piece bathroom. Four new appliances add to the move-in-ready appeal of the home. The LOWER LEVEL includes a shared laundry area, TWO FURNACES (with a regular service maintenance contract in place), and SEPARATE electrical meters for the main floor and legal suite, allowing for individual electrical consumption. The spacious two-bedroom LEGAL SUITE features an inviting living and dining area, a full kitchen with white cabinetry and a stylish subway tile backsplash, and a MODERN four-piece bathroom with a floating vanity. An additional rear entrance provides added privacy and independence for the suite. Outside, the huge backyard is fully fenced and includes a storage shed and a FOUR-CAR gravel parking pad, offering plenty of off-street parking. This TURN-KEY Grandview property presents a fantastic opportunity for investors or homeowners looking to offset their mortgage with rental income while enjoying a well-maintained home in a desirable, established neighbourhood. The Legal Suite offers exceptional value, providing buyers with approved rental-income potential, greater financing flexibility, added peace of mind through proper permitting and inspections, and no need to take on the cost, uncertainty or hassle of legalizing an unapproved suite. Please allow a minimum of 24 hours notice for showings. (id:41202)
Additional information
- MLS® ID
- A2340600
Interior Features
- Bedrooms
- 4
- Bathrooms
- 2
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.14 Acres
Other Property Details
- Taxes
- $3,375
- Tax Frequency
- Annually
Courtesy of Linda James with TREC The Real Estate Company
The trademarks MLS®, REALTOR®, and the associated logos are owned or controlled by The Canadian Real Estate Association. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
©2026 Canadian Real Estate Association. All rights reserved.