Whether you're looking for an affordable home or a smart investment property, this fully finished bi-level offers exceptional value in the welcoming community of Penhold. This home features a bright open concept kitchen, dining, and living area along with a convenient 2-piece bathroom on the main floor. The lower level offers two spacious bedrooms, a full 4-piece bathroom, and a laundry area. Outside, enjoy a private fully fenced yard, one off-street parking stall, and additional street parking out front. Fresh professional painting was just completed throughout the walls, ceilings, and baseboards, and the shingles were replaced in 2021. Ideally located within walking distance to the Penhold Multiplex, schools, parks, and other amenities, and just minutes from Gasoline Alley and Red Deer. Investors will appreciate the strong rental history with the property recently renting for $1,600 per month plus utilities, along with low condo fees of just $114 per month covering exterior building maintenance, building insurance, and reserve fund contributions.

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Based on information submitted to Pillar 9 as of July 25, 2026 8:11 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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