$259,999
516 Terrace ParkEastview, Red Deer, AB T4N 1V8
- 3 beds
- 2 baths
- 1,165 sq ft
- Row/Townhouse
Listing courtesy of eXp Realty · MLS® A2340296
About this home
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.
Key facts
- Type
- Row/Townhouse
- Style
- 2 Storey
- Year built
- 1961
- Living area
- 1,165 sq ft
- Lot
- 2,310 sq ft
- Bedrooms
- 3
- Bathrooms
- 1 full, 1 half
- Basement
- Full, Finished
- Parking
- Parking Pad, 2 spaces total
- Price per sq ft
- $223
- Days on market
- 44
- Listed
- August 27, 2026
- Community
- Eastview
- Municipality
- Red Deer
Features
Interior
- Features
- Built-in Features, Laminate Counters
- Appliances
- Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
- Flooring
- Carpet, Vinyl Plank
- Heating
- Forced Air, Natural Gas
- Laundry
- In Basement
- Included
- n/a
Suite
- Suite
- No
Building
- Structure
- Five Plus
- Levels
- Two
- Shared walls
- 2+ Common Walls
- Construction
- Metal Siding, Stucco, Wood Frame
- Roof
- Metal
- Foundation
- Poured Concrete
Exterior & lot
- Exterior
- Other
- Lot
- Back Lane, Back Yard
- Fencing
- Fenced
- Front faces
- N
- Lot size
- 2,310 sq ft
- Zoning
- R-H
Parking
- Total parking
- 2
- Details
- Parking Pad
Condo / HOA
- Restrictions
- None Known
- Ownership
- Not a Condo
Land & rural
- Title
- Fee Simple
Community
- Features
- Park, Playground, Schools Nearby, Shopping Nearby
Rooms
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 12'4" x 17'11" |
| Kitchen | Main | 10'7" x 9'1" |
| Dining Room | Main | 10'9" x 7'4" |
| 4pc Bathroom | Second | 0'0" x 0'0" |
| Bedroom - Primary | Second | 12'1" x 12'10" |
| Bedroom | Second | 10'8" x 9'4" |
| Bedroom | Second | 12'1" x 9'11" |
| 2pc Bathroom | Basement | 0'0" x 0'0" |
| Game Room | Basement | 20'4" x 12'7" |
Location
Monthly cost estimate
- Mortgage $1,220
An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $13,000.
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Listing last updated: Oct 1, 2026, 11:20 a.m.