For Sale: 5114 44 Street, Red Deer, AB - REW
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$315,000
3 bd 2 ba 845 sf House

5114 44th StreetRed Deer, AB, T4N 1J1

  • 3 Bed
  • 2 Bath
  • 845 Sqft
  • House

About this home

Rare opportunities like this don't come along often! Lovingly maintained by the same family for decades, this charming 1955 raised bungalow is ideally located just one block from the hospital, within walking distance to downtown and all amenities, and backs onto a beautiful forested area along Waskasoo Creek with no neighbours behind. Situated on a huge lot with a spacious double garage, room for RV parking, and multi-family residential zoning, this property offers outstanding future potential for expansion or redevelopment — while being a wonderful home today. Inside, you'll find a bright, functional layout with large windows, spacious rooms, and original mid-century charm. Numerous updates include shingles, high-efficiency furnace, humidifier, and hot water tank (all 2014) as well as vinyl windows in approximately 2023. This provides peace of mind and extremely affordable energy bills, even in the coldest months. The bright basement features a walk-up side entrance, plenty of storage, a kitchenette with a vintage gas stove, and excellent potential for a future basement suite (subject to applicable approvals). This is a truly unique property offering exceptional value in one of Red Deer's most unique hidden locations.
Listed by: Olivia Forgues, RE/MAX real estate central alberta

Home facts and features

Price details
List Price
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
2
Property Type
House
Lot Size
7406 ft²
Frontage
47.51 ft
Year Built
Built in 1955 (71 yrs old)
Style
Bungalow
Heating Type
High Efficiency,Forced Air,Humidity Control,Natural Gas
Basement Details
Full
Features
Back Lane, Back Yard, Backs On To Park/green Space, Ceiling Fan(s), Front Yard, Fruit Trees/shrub(s), Laundry Room, Lawn, Lower Level, No Neighbours Behind, Private Entrance, Private Yard, Rectangular Lot, See Remarks, Vinyl Windows, Walking/bike Paths
Amenities
Shopping Nearby
Appliances
Dryer, Freezer, Garage Control(s), Gas Range, Refrigerator, Stove
Agent details
Primary Agent
Primary Broker
RE/MAX real estate central alberta
Listing details
Days on REW
1 Day
MLS® Number
A2325929
Source
Pillar 9
Board
Central Alberta REALTORS® Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St. John Paul II Catholic Outreach School
  • n/a
  • -
  • In Catchment
St. Gabriel Online School
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  • In Catchment
Pine Hill Colony School
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  • In Catchment
West Park Elementary School
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  • In Catchment
St. Martin De Porres School
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  • In Catchment
École La Prairie
  • n/a
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  • In Catchment
Central Middle School
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  • -
  • In Catchment
Red Deer Regional Hospital Education Program
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  • In Catchment
Quest High School
  • n/a
  • -
  • In Catchment
Outreach School Centre
  • n/a
  • -
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-02.