3918 50 Street, Red Deer

2026-11-14

3918 50 Street, Red Deer, Alberta

2 Bed 1 Bath 897 ft² 5 Garage
For Sale Single Family
$349,900

MLS®#A2358524

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. (id:32467)

Building Single Family
Rooms
Bedrooms 2
Bathrooms 1
Square Footage 897 ft²
Built in 1953
Parking Type 5
Neighbourhood Red Deer

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How much could you save in commission selling with One Percent Realty?

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$500,000

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q.
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q.
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

Learn more about the 1% Deal
Bhavya
Bhavya Soni

Associate

Opendreamdoorswithbhavya@gmail.com

7807070479

Support Area:
Edmonton,Beaumont,Fort Saskatchewan,Spruce Grove,Stony Plain,Sherwood Park,St Albert,Millet,Wetaskiwin,Calmar,Devon,Morinville,Westlock County,Red Deer,Rimbey,Athabasca,Leduc,Falun,Ponoka,Lacombe,Camrose,Thorby,Drayton Valley
Bhavya Soni is one of the top performing full-time agents of One Percent Realty. Her name has been published TWICE, first as #5 agent in the "TOP 10 AGENTS IN EDMONTON 2024" & #10 agent in the "TOP 10 AGENTS IN EDMONTON 2025" while being pregnant with her first child...
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