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by Diane Richardson

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625 Lancaster Drive
Lonsdale Red Deer T4R 3N8

$540,000
Residential beds: 5 baths: 3.0 1,282 sq. ft. built: 2003

Main Photo: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
Photo 1: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
Photo 2: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
Photo 3: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
Photo 4: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
Photo 5: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
Photo 6: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
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Photo 43: 625 Lancaster Drive: Red Deer Detached for sale : MLS®# A2180763
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2180763
Bedrooms:
5
Bathrooms:
3
Year Built:
2003
Discover the incredible potential of this spacious bungalow in the desirable Lonsdale neighborhood! With 1,282 sq ft on the main floor and an additional 1,190 sq ft of fully developed basement space, this home offers room to grow, live, and generate income. The main floor features a large, open kitchen and dining area with ample cabinets and counter space, a bright living room, and three generously sized bedrooms, including the primary with a 3-piece ensuite. A 4-piece bathroom completes this level, making it perfect for families or hosting guests. The basement includes an illegal suite with a walk-up separate entrance to grade, a kitchenette, and a spacious living area with a cozy fireplace. The basement's primary bedroom boasts a walk-in closet and an oversized ensuite with a large tub and separate shower. Shared utilities and laundry are conveniently located in the basement, and there’s an additional bedroom, adding to the home's versatility. The property features a heated and insulated double detached garage, RV parking with alley access, and a fenced backyard. Whether you're looking for a multi-generational home or an investment property, this home offers exceptional rental income potential. Currently, four bedrooms are rented to tenants who wish to stay, with the owner open to becoming a fifth renter, maximizing revenue opportunities. Located near schools, parks, and the Collicutt Centre, and offering easy access to shopping and public transit, this property combines convenience with endless possibilities. Any and all offers will be greeted and reviewed.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,282 sq. ft.
Main Level Finished Area:
1,282 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,190 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,101 sq. ft.
Lot Frontage:
39'
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
Southeast
Reg. Size:
Reg. Size Includes:
Unit Exposure:
Southeast
Levels:
One
Total Rooms Above Grade:
5
Year built:
2003 (Age: 21)
Bedrooms:
5 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
0223580
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Concrete, Hardwood, Laminate, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Off Street, RV Access/Parking
Parking Places:
6.0
Parking Total/Covered:
6 / -
Laundry Features:
In Basement
Lonsdale
Dishwasher, Garage Control(s), Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Fridge (X3), Stove/Oven (X2), Dishwasher, Stove/Range Hood, Telus Security System, any and all Window Coverings, Garage Door Opener with One Remote, Garage Heater, Washer/Dryer, Shed
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
9'7" × 9'5"
Main Floor
Bedroom
13' × 9'6"
Main Floor
Living Room
19'3" × 16'5"
Main Floor
Bedroom - Primary
16'11" × 9'7"
Main Floor
Kitchen With Eating Area
19'3" × 15'10"
Basement
Bedroom
12'9" × 8'
Basement
Bedroom - Primary
18'4" × 15'8"
Basement
Kitchenette
13'9" × 12'5"
Basement
Game Room
16'6" × 15'2"
Basement
Furnace/Utility Room
12'6" × 6'2"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
3
4'4" x 9'7"
Main Floor
No
4
5' x 9'7"
Basement
No
4
10'3" x 12'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Street Lights
Interior Features:
Ceiling Fan(s), Laminate Counters, No Animal Home, No Smoking Home, Primary Downstairs, Separate Entrance, Vinyl Windows, Walk-In Closet(s)
Exterior Features:
Storage
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Corner Lot, Front Yard, Irregular Lot, Street Lighting, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Red Deer
Zoning:
R1N
Listed Date:
Nov 22, 2024
Days on Mkt:
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Virtual Tour

Listed by Royal Lepage Network Realty Corp.
Data was last updated December 29, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
147
Avg list price:
$515,000
Min list price:
$94,900
Max list price:
$2,200,000
Avg days on market:
46
Min days on market:
2
Max days on market:
230
Avg price per sq.ft.:
$338.85
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations.

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

Diane Richardson
Cell: 403-397-3706