What is the price of 516 Terrace Park?

This property is listed at $259,999 CAD.

Where is 516 Terrace Park located?

This property is located at 516 Terrace Park in Red Deer, Alberta, Canada.

What is the size of 516 Terrace Park?

This property has 1,165 square feet of living space.

How can I schedule a viewing of 516 Terrace Park?

Contact Rachel McQueen by phone at (403) 872-7785 or email at rachel.mcqueen@remax.net to schedule a viewing or request more information about this property.

Home
Listings
Red Deer
516 Terrace Park, Red Deer

516 Terrace Park, Red Deer

Red Deer, Alberta, T4N1V8

MLS®: A2340296

Listing photo – 516 Terrace Park, Red Deer

$259,999

Active

3 Beds 2 Baths 1,165 square feet living area 2,310 square feet lot

Property Description

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.

Property Details

Property Information

Type: Single Family
Ownership: Freehold
Year Built: 1961
Storeys: 2
Listed: 45 days ago (Aug 27, 2026)
Annual Tax: $1,765 (2026)
Subdivision: Eastview
Photos: 37 photos
MLS®: A2340296

Interior

Bedrooms: 3 above grade
Bathrooms: 2 full, 1 half
Above-Grade Area: 1,165 square feet
Heating: Forced air, Natural gas
Flooring: Carpeted, Vinyl Plank
Basement: Finished, Full

Building

Structure: Row / Townhouse
Foundation: Poured Concrete
Exterior: Stucco, Metal
Construction: Wood frame

Land / Lot

Lot Size: 2,310 square feet
Lot Dimensions: 2310.00
Fencing: Fence
Zoning Detail: R-H

Parking & Utilities

Parking Total: 2
Parking: Parking Pad

Features

Features: Back lane
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo

Rooms

Room	Level	Dimensions
4pc Bathroom	Second level	.00 Ft x .00 Ft
2pc Bathroom	Basement	.00 Ft x .00 Ft
Primary Bedroom	Second level	12.83 Ft x 12.08 Ft
Bedroom	Second level	9.33 Ft x 10.67 Ft
Bedroom	Second level	9.92 Ft x 12.08 Ft
Living room	Main level	17.92 Ft x 12.33 Ft
Kitchen	Main level	9.08 Ft x 10.58 Ft
Dining room	Main level	7.33 Ft x 10.75 Ft
Recreational, Games room	Basement	12.58 Ft x 20.33 Ft