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516 Terrace Park

Red Deer, AB

3
Beds
2
Baths
1,165
Sq Ft
Townhouse
Type

Two-Storey · Built 1961 · 2310 sqft · Finished Basement

$151,001 below the Eastview benchmark of $411,000

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About This Home

Located in Eastview, in the front row of Terrace Park, this well-kept 2-storey townhome offers approximately 1,100 square feet of developed living space across three levels, three bedrooms, a 4-piece bathroom, a 2-piece bathroom, and a fully finished basement — backed by a list of recent updates including a new roof (2023), new front concrete stairs, updated windows, and new vinyl flooring (2026).The new concrete steps lead to the covered front entry with a frosted glass door insert, opening into a bright foyer with an archway through to the main living space. The living room is filled with natural light from a large picture window and finished with new vinyl plank flooring that carries throughout the main level. An open layout connects the living room to a functional kitchen featuring white upper cabinets, black lower cabinetry, tile backsplash, and a dining nook with a sliding patio door leading out to the backyard — one of just a handful of units in the complex with this patio door configuration, offering the option to build out a deck.Upstairs, you'll find three bedrooms, including a primary bedroom with a ceiling fan and a second bedroom currently set up as a flexible space. The upper 4-piece bathroom has been nicely updated with a tiled tub surround and rainfall shower head.The basement adds valuable extra living space with a large carpeted rec room, a walk-in closet for storage, in-suite laundry with a washer and dryer, and a 2-piece bathroom — offering flexibility for a home office, media room, or additional storage.Outside, the fully fenced backyard includes a stone patio area, space for a barbecue, and a storage shed, with easy access to nearby amenities throughout Eastview.This is a solid, move-in-ready opportunity in an established Red Deer neighbourhood, offering major recent updates — roof, stairs, windows, and flooring — alongside a finished basement and rare patio door/deck potential, all on its own freehold title. (id:67953)

Property Details

MLS® Number
A2340296
Parking
Parking Pad
Basement
Finished
Lot
2310 sqft
Year Built
1961
Days On Market
77

Features

  • Storeys: 2
  • Heating: Forced air
  • Parking: Parking Pad
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo

From Above

The Neighbourhood

Living In Eastview

Explore

Established Red Deer streets with mature trees, nearby schools and settled family homes.

Benchmark home price$411,000
Average days on market36 Days
Active homes for sale12
Year-over-year change+5.5%
For Families

Schools Near This Home

  • Lindsay Thurber Comprehensive High
  • Hunting Hills High School
  • École Notre Dame High
  • Red Deer Polytechnic

These are the schools serving Red Deer. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.

Listing Courtesy Of
eXp Realty
Larry Matira
MLS® A2340296 · 77 Days On Market
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$259,999
Est. $1,139/mo
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