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Glendale (Red Deer) Red Deer T4P 2Z3

A solid investment opportunity, this legally suited 4 level split offers two self contained suites with reliable, long term tenants already in place who would like to stay. The upper suite offers a spacious, front facing living room, a dedicated dining space, and a renovated kitchen with modern cabinetry and matching white appliances. A private laundry room is conveniently located just off the main living space. Upstairs are three bedrooms, including a generous primary with double closets, plus a 4 piece bathroom with direct access to the primary featuring an updated tub and surround. The lower level suite features a bright, large living room overlooking the spacious private backyard. The dining area sits adjacent to the living room and flows seamlessly to an updated kitchen equipped with maple cabinets, matching white appliances, and a spacious pantry. The basement level includes two bedrooms, a 4 piece bathroom, and a private laundry room off one of the bedrooms. Outside, the property provides separate, fully fenced yard spaces for each suite along with rear parking for up to four vehicles, a valuable feature for tenants. Located steps to schools, parks, playgrounds, shopping, and the YMCA.. Upper suite currently rented to long term tenants for $1,395 and tenant pays units power and 60% of gas and water, lower unit rents for $1,195 and pays unit's power and 40% of water and gas. Both suites are on leases that expire in March an April of 2026.