5801 59 Street, Red Deer


5 Beds
2 Baths
968 Sqft
0 Acres
21x22 Garage Size

$9,000 worth of Crisp New laminate floors just installed upstairs and downstairs March 2020!
Awesome price on this legally suited home with double garage. The current owner has done lots of upgrades in the last couple of years. 3 bed/1 Bath upstairs and 2Bed/1Bath down. This home sits on a reverse pie lot with loads of room out front for the feeling of spaciousness. Close to parks, river, and recreation. If you’re looking to own your first investment property or add to your portfolio this is a great little cash cow. View this property from the comfort of your home by using the attached video walk-though.

Vacant and easy to view. Hurry over, this won’t last long!!

Check out these options:

1. With 20% down, your payments are only $900 plus taxes and it will rent for aprox $1900. PLUS each and every month you’re paying down your mortgage $560 a month over 5 years.

2. Buy and move in with 5% down & your payment is only $1314 including principal interest and taxes. You could rent out the basement for $900 and live there for around $400 a month. That’s a great payment!! Plus you pay off an average of $716 a month on your mortgage over 5 years so you are basically living for free. I LIKE FREE ; HOW ABOUT YOU!!

Essential Information
MLS® #CA0186677
Full Baths2
Square Footage968
Year Built1959
Sub-TypeSingle Family Detached
Community Information
Address5801 59 Street
AreaRR Riverside Meadows
CityRed Deer
CountyRed Deer County
Postal CodeT4N 2N2

Electricity, Garbage Collection, High Speed Internet, Natural Gas, Sewer, Telephone


Garage - Detached, Garage - Double, Rear Parking

HeatingFurnace - Forced Air - 1
Interior Features

Natural Light, Laundry - Shared, Suite-Legal


Refrigerator - 2, Stove - Countertop

RoofShingle - Asphalt
Lot Description

Corner Lot, Fence - Complete, Nearby - Golf Course, Nearby - Park/Reserve, Nearby - Playground, Nearby - Public Transportation, Nearby - Schools


Concrete, Fully Finished, Separate Entry

Additional Information
HOA Fees0.00

Realty Executives Alberta Elite


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