For Sale: 516 Terrace Park, Red Deer, AB - REW
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$270,222
3 bd • 2 ba • 1165 sf • Townhouse
516 Terrace Park
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$270,222
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516 Terrace ParkRed Deer, AB, T4N 1V8

  • 3 Bed
  • 2 Bath
  • 1165 Sqft
  • Townhouse

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.
Listed by: Larry Matira, eXp Realty

Home facts and features

Price details
List Price
$270,222
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Home facts
Bedrooms
3
Full Bathrooms
1
Partial Bathrooms
1
Property Type
Townhouse
Year Built
Built in 1961 (65 yrs old)
Style
2 Storey
Heating Type
Forced Air,Natural Gas
Basement Details
Full
Features
Back Lane, Back Yard, Built-in Features, In Basement, Laminate Counters, Other, Park, Schools Nearby
Amenities
Playground, Shopping Nearby
Appliances
Dishwasher, Dryer, Microwave Hood Fan, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
eXp Realty
Listing details
Days on REW
1 Day
MLS® Number
A2340296
Source
Pillar 9
Board
Central Alberta REALTORS® Association
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25 Years
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3.99%

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Property Insights

Joseph Welsh School
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  • In Catchment
South Side Christian School
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  • In Catchment
St. Thomas Aquinas School
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  • In Catchment
Eastview Middle School
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  • In Catchment
Maryview School
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  • In Catchment
Escuela Vista Grande
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  • In Catchment
Annie L Gaetz School
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École Camille J Lerouge School
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Lindsay Thurber Comprehensive High School
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Holy Family School
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Larry Matira
Phone:
403-785-6838
Office:
403-262-7653
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