8 days on Market

5337 44 Ave, Red Deer, Alberta T4N 3J1

Detached
3 + 1
2
~1087.00 sqft
$347,500
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Detached
3 + 1
2
~1087.00 sqft

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Highlights

Property Estimate

Days on market8 days

Estimated valueNot available

Price/Sqft$319/sqft

Monthly cost

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Description

SUITE DEAL ~ MONEY MACHINE ~ LEGAL SUITE Investment property in Red Deer! This legally suited bungalow is perfectly located close to the river, trail system, schools, and downtown, making it an ideal opportunity for renters or homeowners. The main floor features a spacious living room, kitchen, and dining area, along with three bedrooms and a full bathroom. Downstairs, the two bedroom legal suite boasts a separate entrance, a full kitchen, living area, bedroom and bathroom. Common laundry / mechanical room. Single detached garage and garden area, this property has everything you need to make for a great investment. Tenant occupied. Current Rents are $1,400.00 up and $1,100.00 down. Landlord pays utilities. The legal suite will help you qualify for financing.


Property Details

StyleBungalow
View-
Age of property1954
SqFt~1087.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2254711
Community NameWoodlea
Data SourcePILLAR 9
Listing byRoyal LePage Network Realty Corp.

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full,Suite

Main Floor

4pc Bathroom

0`0" x 0`0"

Bedroom

12`3" x 10`3"

Kitchen

9`1" x 11`3"

Bedroom

12`3" x 10`7"


Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Property History

Sep 5, 2025
ListedActive
$347,500
8 days on market
history photo preview26
Listing by pillar 9®
Property listed by Royal LePage Network Realty Corp., Brokerage
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Market Data - Woodlea

Geo Zone Map ThumbnailWoodlea

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

12 days

Compared to

2024

0 day

2023

91 days

2022

17 days

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

2023

2 listings

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

1 unit

2022

3 units

Median Sold Price

Past 30 days

$440,000

Compared to

2023

$343,000

2022

$250,000


Population and Demographics

Overview

Total population 342
Average household income $114,976

Age (%)

0 to 19
13%
20 to 34
24%
35 to 49
19%
50 to 64
22%
65 and plus
23%

Household composition (%)

Single person
55%
Single family
38%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
French
2%
Tagalog (Pilipino, Filipino)
2%
Somali
1%

House tenancy (%)

Renters
53%
Owners
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget