$259,999

516 Terrace Park , Red Deer, Alberta

3

Beds

2

Baths

1,165

Square feet

0.05

Acres

A2340296

MLS® Number

42

Days on Market

$7,001

Price Change

For Sale

Listing Type

$259,999 | Eastview Red Deer Row/Townhouse for Sale at 516 Terrace Park Red Deer

Explore 516 Terrace Park , a Desirable Eastview home for sale for $259,999! This Eastview 2 Storey Row/Townhouse for sale in Red Deer has been listed on Real-Estate.ca for 42 days under MLS® #A2340296. It has had a $7,001 price change under this MLS#. This home is a 1,165 square foot 2 Storey Condominium Row/Townhouse built in 1961 with 3 bedrooms and 2.00 bathrooms. Parking is Parking Pad and it has a Full basement. Explore the Red Deer real estate market and available Eastview homes for sale!

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.

Financial and Mortgage

List Price $259,999
Previous Price $267,000
Price Reduction $7,001
Monthly Payment $1,084/month
Get Prequalified
Days on Market 42
Price per square foot $223

516 Terrace Park Details

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Construction and Lot

Year Built 1961
Square Footage 1,165
Bedrooms 3
Bathrooms 2.00
Full Baths 1
Half Baths 1
Parking Spaces 2
Parking Parking Pad
Has Basement Yes
Basement Full
Foundation Poured Concrete
Roof Metal
Cooling None
Heating Forced Air, Natural Gas
Exterior Features Other

Exterior of 516 Terrace Park

Lot Size Square Feet 2310
Listing Frontage 7.62M 25`0"
Type Residential
Style 2 Storey
Sub-Type Row/Townhouse

Interior

Appliances Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
Fireplace No

Measurements

Lot Size Square Feet 2310
Listing Frontage 7.62M 25`0"
Square Footage 1,165

Eastview HOA and Condo Information

About Eastview in Red Deer

Address 516 Terrace Park
Subdivision Eastview
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 1V8
Office/Brokerage eXp Realty

About Condo Complex

Condo Type Not a Condo

Eastview Map, Demographics, Characteristics

Book a Viewing of 516 Terrace Park and other Eastview homes.

See 516 Terrace Park and other Eastview homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #A2340296 516 Terrace Park in Eastview, Red Deer Alberta, or fill out the form below. Looking for more 2 Storey Condominium Eastview homes for sale in Red Deer? Our top Red Deer real estate specialists are ready to help you buy or sell in the Eastview area. Contact us today!

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