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 $1,000.00 down. Landlord pays utilities. The legal suite will help you qualify for financing.
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 $1,000.00 down. Landlord pays utilities. The legal suite will help you qualify for financing.
Property Details
Price:
$347,500
MLS #:
A2254711
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Woodlea
Listed Date:
Sep 6, 2025
Finished Sq Ft:
1,087
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1954
See this Listing
Schools
Interior
Appliances
Electric  Stove,  Refrigerator,  Washer/Dryer
Basement
Finished,  Full,  Separate/Exterior  Entry,  Suite
Bathrooms  Full
2
Laundry  Features
In  Basement
Exterior
Exterior  Features
Other
Lot  Features
Rectangular  Lot
Parking  Features
Single  Garage  Detached
Parking  Total
1
Patio  And  Porch  Features
None
Roof
Metal
Financial
Map
Community
- Address5337 44 Avenue Red Deer AB
 - SubdivisionWoodlea
 - CityRed Deer
 - CountyRed Deer
 - Zip CodeT4N 3J1
 
Subdivisions in Red Deer
- Anders Park
 - Anders Park East
 - Anders South
 - Aspen Ridge
 - Bower
 - Chiles Industrial Park
 - Clearview Meadows
 - Clearview Ridge
 - Davenport
 - Deer Park Estates
 - Deer Park Village
 - Devonshire
 - Downtown Red Deer
 - East Burnt Lake
 - Eastview
 - Eastview Estates
 - Edgar Industrial Park
 - Evergreen
 - Fairview
 - Garden Heights
 - Glendale
 - Glendale Park Estates
 - Golden West
 - Grandview
 - Highland Green
 - Highland Green Estates
 - Inglewood West
 - Ironstone
 - Johnstone Crossing
 - Johnstone Park
 - Kentwood East
 - Kentwood West
 - Lancaster Green
 - Lancaster Meadows
 - Laredo
 - Lonsdale
 - Michener Hill
 - Morrisroe
 - Morrisroe Extension
 - Mountview
 - Mustang Acres
 - Normandeau
 - Northlands Industrial Park
 - Northwood Estates
 - Oriole Park
 - Oriole Park West
 - Parkvale
 - Pines
 - Queens Business Park
 - Railyards
 - Riverside Heavy Industrial Park
 - Riverside Light Industrial Park
 - Riverside Meadows
 - Rosedale Estates
 - Rosedale Meadows
 - South Hill
 - Sunnybrook
 - Sunnybrook South
 - Timber Ridge
 - Timberlands
 - Timberlands North
 - Timberstone
 - Vanier East
 - Vanier Woods
 - Waskasoo
 - West Lloydminster City
 - West Park
 - Westlake
 - Woodlea
 
Market Summary
Current real estate data for Single Family in Red Deer as of Nov 04, 2025
257
Single Family Listed
46
Avg DOM
369
Avg $ / SqFt
$519,329
Avg List Price
Property Summary
- Located in the Woodlea subdivision, 5337 44 Avenue Red Deer AB is a Single Family for sale in Red Deer, AB, T4N 3J1.  It is listed for $347,500 and features 4 beds, 2 baths, and has approximately 1,087 square feet of living space, and was originally constructed in 1954. The current price per square foot is $320.  The average price per square foot for Single Family listings in Red Deer is $369.  The average listing price for Single Family in Red Deer is $519,329.  To schedule a showing of MLS#a2254711 at 5337 44 Avenue in Red Deer, AB, contact your Walter Saccomani | Real Broker agent at 4039035395.
 
Similar Listings Nearby

5337 44 Avenue
Red Deer, AB

