Whether you're looking for an affordable home or a smart investment property, this fully finished bi-level offers exceptional value in the welcoming community of Penhold. This home features a bright open concept kitchen, dining, and living area along with a convenient 2-piece bathroom on the main floor. The lower level offers two spacious bedrooms, a full 4-piece bathroom, and a laundry area. Outside, enjoy a private fully fenced yard, one off-street parking stall, and additional street parking out front. Fresh professional painting was just completed throughout the walls, ceilings, and baseboards, and the shingles were replaced in 2021. Ideally located within walking distance to the Penhold Multiplex, schools, parks, and other amenities, and just minutes from Gasoline Alley and Red Deer. Investors will appreciate the strong rental history with the property recently renting for $1,600 per month plus utilities, along with low condo fees of just $114 per month covering exterior building maintenance, building insurance, and reserve fund contributions.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bi-Level
Total Living Area:
515 sq. ft.47.8 m2
Main Level Finished Area:
515 sq. ft.47.8 m2
Below Grade Finished Area:
445 sq. ft.41.3 m2
Condo Fee:
$114.00
Condo Fee Includes:
Common Area Maintenance, Insurance, Reserve Fund Contributions
Lot Area:
1,560 sq. ft.145 m2
Front Exposure:
Northwest
Entry Level:
1
Levels:
One
End Unit:
2+ Common Walls
Total Rooms Above Grade:
2
Year built:
2006
(Age: 20)
Bedrooms:
2
(Above Grd: 0)
Bedrooms Above Grade:
0
Bedrooms On Main:
0
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:1, Half:1)
Num Ensuite Baths:
0
Plan:
0721420
Heating:
Forced Air
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
Four Plex
Roof:
Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Stall
Parking Places:
1
Parking Total/Covered:
1 /
-
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Z-name Not Listed
Park Place
Parking
Portable Dishwasher, Range, Range Hood, Refrigerator, Washer/Dryer
N/A
None Known
Yes
Floor
Type
Size
Other
Main Floor
Kitchen With Eating Area
17'9"5.41 m × 9'9"2.97 m
Main Floor
Living Room
17'2"5.23 m × 9'5"2.87 m
Basement
Bedroom
11'11"3.63 m × 9'3"2.82 m
Basement
Bedroom
11'8"3.56 m × 9'3"2.82 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'3" x 6'11"
Basement
No
4
7'10" x 6'11"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Interior Features:
Open Floorplan
Exterior Features:
Private Yard
Patio And Porch Features:
None
Lot Features:
Back Lane, Landscaped, Private
Num. of Parcels:
0
Fencing:
Fenced
Region:
Red Deer County
Zoning:
R2
Listed Date:
Jul 23, 2026
Private fully fenced yard. Lawn digitally touched up to illustrate expected appearance following recent reseeding.
Lawn digitally touched up to illustrate expected appearance following recent reseeding.
Photo 3 of 18
Open kitchen and dining area.
Living room off of the dining area.
Photo 6 of 18
Main level 2 piece bathroom.
Photo 8 of 18
Stairs to main level and basement level.
Basement bedroom.
Basement 4 piece bathroom.
Second basement bedroom.
Basement laundry area.
Basement utility area and some extra storage.
Front of property, there is on street parking at the front also.
Back of the property where there is 1 off street parking spot.
Data was last updated July 29, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$410,000
Min list price:
$179,900
Max list price:
$599,900
Avg days on market:
18
Min days on market:
1
Max days on market:
139
Avg price per sq.ft.:
$350.97
These statistics are generated based on the current listing's property type
and located in
Penhold. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.