Dobey Realty

Active
$319,900

231 Kendrew Drive, Red Deer, Alberta T4P 3Z1

MLS® Number: A2353072
0+3Bedrooms
1+1Bathrooms
655sq ft
3,197sq ft Lot
29Days on Market

About This Property

A great opportunity for investors looking for an established rental property in Red Deer! This well-maintained bi-level half duplex offers a practical layout, comfortable living spaces and the added appeal of a bright front bay window. With approximately 655 sq. ft. above grade, plus a developed lower level, the home makes efficient use of its space while providing the separation and functionality that make bi-level homes so appealing.The property has benefited from attentive ownership and ongoing maintenance, including appliance updates as needed. Currently rented for $1,500 per month, with tenants responsible for utilities, this is an opportunity to acquire a property with rental income already in place. The existing lease runs to September 1, 2027.Whether you're expanding an investment portfolio or planning for future homeownership, 231 Kendrew Drive offers an appealing combination of affordability, functionality and long-term potential. The adjoining property at 233 Kendrew Drive may also be available, providing an opportunity to acquire both sides of the duplex.

Key Features

  • Built in 2002
  • Basement: Finished, Full
  • Other Parking
  • Forced air, Natural gas Heat

Property Details

Community Kingsgate
Property Type Duplex
Building Type Duplex
Style Bi-level
Year Built 2002
Ownership/Title Freehold
MLS® Number A2353072

Bedrooms & Bathrooms

Bedrooms 3
Above Grade 0
Below Grade 3
Bathrooms 2
Full Bathrooms 1
Partial Bathrooms 1

Size

Finished Area 655 sq ft

Interior

Appliances Included Refrigerator, Dishwasher, Stove, Washer & Dryer
Flooring Laminate, Linoleum
Basement Finished, Full

Building

Heating Forced air, Natural gas
Cooling None
Exterior Finish Vinyl siding
Foundation Poured Concrete

Parking

Parking Type Other
Parking Spaces 2

Land

Land Size 3,197 sq ft Lot
Frontage 8.46 m (27.8 ft)
Fencing Fenced
Zoning R-D
Water Municipal water
Sewer Municipal sewage system

Financial

Property Taxes $2,547/yr (2026)

Rooms

Main Level

Living room 12′5″ × 11′0″ 3.78 × 3.35 m
Kitchen 9′1″ × 11′7″ 2.77 × 3.54 m
Dining room 9′0″ × 11′7″ 2.74 × 3.54 m
2pc Bathroom — —

Basement

Primary Bedroom 11′5″ × 10′10″ 3.47 × 3.29 m
Bedroom 9′7″ × 8′7″ 2.93 × 2.62 m
Bedroom 8′5″ × 9′7″ 2.56 × 2.93 m
4pc Bathroom — —

Room measurements are supplied by the listing brokerage and are approximate.

Location

Get Directions →

Map location is approximate.

Estimated Monthly Payment

$1,359/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

  • Mortgage$1,359
  • Property tax$212
  • Estimated total$1,571/mo
Customize This Estimate →
Listing courtesy of Century 21 Advantage · Central Alberta REALTORS® Association
View on REALTOR.ca

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