$315,000
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5114 44 Street, Red Deer, AB T4N 1J1

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3 Beds
2 Baths
79 Sq Ft

Rare opportunities like this don't come along often! Lovingly maintained by the same family for decades, this charming 1955 raised bungalow is ideally located just one block from the hospital, within walking distance to downtown and all amenities, and backs onto a beautiful forested area along Waskasoo Creek with no neighbours behind. Situated on a huge lot with a spacious double garage, room for RV parking, and multi-family residential zoning, this property offers outstanding future potential for expansion or redevelopment while being a wonderful home today. Inside, you'll find a bright, functional layout with large windows, spacious rooms, and original mid-century charm. Numerous updates include shingles, high-efficiency furnace, humidifier, and hot water tank (all 2014) as well as vinyl windows in approximately 2023. This provides peace of mind and extremely affordable energy bills, even in the coldest months. The bright basement features a walk-up side entrance, plenty of storage, a kitchenette with a vintage gas stove, another bedroom and an office or den. This is a truly unique property offering exceptional value in one of Red Deer's most unique hidden locations.

Listing By: Olivia Forgues - RE/MAX real estate central alberta cnpilar Realty.com
  • MLS® A2325929
  • Date Listed07/02/2026
  • Days on Realty 12 Days
  • Bedrooms 3
  • Bathrooms 2 Full baths
  • Lot Size 0.17 acres (7,353 sq. ft)
  • Subdivision Downtown Red Deer
  • County Red Deer
  • Year Built 1955
  • Square Feet 79 sq. ft
  • Price Per Sq. Ft $4012.74

Interior Features

  • Appliances Dryer, Electric Stove, Freezer, Garage Control(s), Gas Range, Refrigerator
  • Flooring Carpet, Concrete, Vinyl Plank
  • Cooling None
  • Heating High Efficiency, Forced Air, Humidity Control, Natural Gas

Exterior / Lot Features

  • Exterior Private Entrance, Private Yard
  • Roof Shingle
  • Lot Size Acres 0.17
  • Lot Size SQFT 7,353.00
  • Lot Features Back Lane, Back Yard, Backs on to Park/ Green Space, Front Yard, Fruit Trees/ Shrub(s), Lawn, No Neighbours Behind, Rectangular Lot

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4N 1J1

Discover key demographics, population statistics, and environmental insights for the Red Deer, AB area.

Walkability in AB / T4N 1J1

Source: Walk Score

75/100

Very Walkable

Walk Score ®

45/100

Some Transit

Transit Score ®

59/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

20 nearby routes: 20 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 28/100, Bike Score: 44/100.

Points of Interest near 5114 44 Street, Red Deer, AB T4N 1J1

Frequently Asked Questions for 5114 44 Street

Source: Realty.com

5114 44 Street, Red Deer, AB T4N 1J1 in Downtown Red Deer, Red Deer, AB T4N 1J1 is a single family residence listed at $315,000. Highlights include 3 bedrooms, 2 bathrooms, 79 sq. ft., built in 1955, 0.17 acre lot, $4,013 per sq. ft.. Realty.ca has 41 photos, sales history, school insights, and mortgage tools for th...

Realty.com has 41 photos of 5114 44 Street.

Our records indicate that 5114 44 Street was built in 1955.

The full address for this home is 5114 44 Street, Red Deer, AB T4N 1J1.

5114 44 Street has been listed on Realty.com since Thu July 02, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 28/100, Bike Score: 44/100.

Listing provided courtesy of: RE/MAX real estate central alberta (tel: 403-343-3020)
Listing agent: Olivia Forgues

This content last refreshed on 2026-07-14 22:56:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.