Primary photo of 33 Wells Street, Red Deer
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Duplex For Sale

$350,000

MLS® Number: A2296533

Bedrooms

5

Bathrooms

2

Floor Area

1,000

Land Size

3,520

Year Built

1975

33 Wells Street, Red Deer, Alberta

About This Property

Very well-maintained half duplex in sought-after West Park on Red Deer’s southwest side—close to the college, hospital, parks, and amenities, with transit just a short walk away. Offering 5 bedrooms and 2 bathrooms, this home is ideal for families, first-time buyers, or investors looking to offset their mortgage with rental income.The layout allows for easy separation of the lower level or full-property rental, providing excellent flexibility. With a proven history of individual room rent of approximately $3,475/month in revenue and 95–100% occupancy over the past 12 years for lower level and 1 year for upper level (including summer months), this is a smart investment opportunity.This home features no carpet throughout, making it both stylish and low-maintenance. Recent upgrades include SOLAR PANELS (generating approximately $1,000/year), an upgraded electrical panel, A/C, UV & HEPA filtration system, newer appliances, vinyl windows, and shingles approximately 8 years old.Enjoy the added convenience of a concrete driveway plus additional rear parking, along with higher-end finished feature walls that elevate the overall look and feel of the home.A turnkey property offering comfort, income potential, and long-term value in a prime location.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings

Basement

Finished, Full, Separate entrance, Suite

Bathrooms Partial

0

Bathrooms Total

2

Bedrooms Total

5

Cooling

Central air conditioning

Flooring

Ceramic Tile, Vinyl, Vinyl Plank

Heating

Forced air

Living Area

1000 sqft

Building & Exterior

Architectural Style

Bungalow

Exterior Features

Brick, Stucco, Vinyl siding

Foundation Details

Poured Concrete

Parking Features

Other, Street, Concrete

Stories

1.0

Year Built

1975

Land & Location

City Region

West Park

Frontage Length

9.75 meters

Lot Features

Back lane, Wet bar, PVC window, Level

Lot Size Area

3520.0 sqft

Lot Size Dimensions

3520.00

Parcel Number

0019560268

Postal Code

T4N5Y2

Subdivision Name

West Park

Listing & Financials

Listing Office

Royal LePage Network Realty Corp.

Originating System Name

Central Alberta REALTORS® Association

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

4

Mortgage Calculator

20% ($70,000)
5.5%
25 Years

Estimated Monthly Payment

$1,719

Principal and interest only. Actual rates may vary.

Location & Map

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List Property5 Bed Duplex for Sale — 33 Wells Street, Red Deer | $350,000 | Lify.ca