Diane Richardson

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703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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3918 50 Street
Michener Hill Red Deer T4N 1W3

$349,900
Residential beds: 4 baths: 1.0 897 sq. ft. built: 1953

Main Photo: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 1: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 2: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 3: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 4: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 5: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 6: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 7: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 8: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 9: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 10: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 11: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 12: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 13: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 14: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 15: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Photo 16: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2358524
Bedrooms:
4
Bathrooms:
1
Year Built:
1953
Turnkey investment opportunity with a legal basement suite built just 5 years ago, currently generating $2,650 per month in rental income, with tenants paying most utilities. The main floor offers 2 bedrooms, a good-sized living room, a cozy kitchen, and a 4-piece bath. The legal basement suite mirrors that layout with 2 bedrooms, a 4-piece bath, a full kitchen, and a separate living area. Each suite has its own in-suite laundry, and the suites are separately heated and ventilated, which keeps tenant comfort high and utility allocation simple. Additional features include a double car garage with additional off-street parking, plus a fully fenced shared yard. A solid addition for investors looking to build a portfolio, or for an owner-occupier who wants help carrying the mortgage. Newer legal suite construction means less capital risk than older conversions, and with stable rental income and low tenant utility exposure, the numbers are easy to underwrite.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Yes
Num Legal Suites:
1
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
897 sq. ft.
Acreage:
No
Lot Area:
6,250 sq. ft.
Lot Frontage:
50'
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
5
Year built:
1953 (Age: 73)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
2
Bedrooms Below Grade:
2
Bathrooms:
1.0 (Full:1, Half:0)
Num Ensuite Baths:
0
Plan:
4705HW
Heating:
Baseboard, Boiler, Make-up Air, Forced Air, Natural Gas, Radiant
Basement:
Full, Finished, Separate/Exterior Entry
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Siding
Structure Type:
House
Roof:
Asphalt
Ensuite:
No
Flooring:
Hardwood, Vinyl
Cooling:
None
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached, Off Street, Parking Pad
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
In Basement, Lower Level, Main Level
Michener Hill (Red Deer)
Range, Range Hood, Refrigerator, Washer/Dryer, Washer/Dryer Stacked, Window Coverings
N/A
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
11'5" × 8'9"
Main Floor
Bedroom - Primary
12'10" × 12'2"
Main Floor
Dining Room
11'5" × 8'11"
Main Floor
Kitchen
8'1" × 5'4"
Main Floor
Living Room
16'9" × 13'
Suite
Kitchen With Eating Area
14'4" × 11'8"
Suite
Bedroom
12'2" × 10'1"
Suite
Game Room
12'7" × 9'6"
Suite
Bedroom - Primary
12' × 11'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'10" x 8'
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
Laminate Counters, No Smoking Home, Tankless Hot Water
Exterior Features:
Private Entrance, Private Yard
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard, Private
Num. of Parcels:
0
Fencing:
Fenced, Partial
Region:
Red Deer
Zoning:
R-M
Listed Date:
Nov 13, 2026
  • Photo 1: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
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  • Photo 2: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
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  • Photo 9: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
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  • Photo 16: 3918 50 Street in Red Deer: Michener Hill Detached for sale : MLS®# A2358524
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Listed by CIR Realty
Data was last updated November 14, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
377
Avg list price:
$414,900
Min list price:
$39,900
Max list price:
$4,200,000
Avg days on market:
39
Min days on market:
1
Max days on market:
305
Avg price per sq.ft.:
$332.3
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DIANE RICHARDSON
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.

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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.