46 STEPHENSON Crescent
Red Deer, Alberta

Summary

Legally Suited Bi-Level on Corner Lot in Desirable Southbrook! Investor alert or mortgage helper! This legally suited 6-bedroom bi-level is perfectly located on a spacious corner lot in the sought-after Southbrook subdivision of Red Deer. Offering two self-contained suites with separate fenced yards and private entrances, this property provides excellent versatility and income potential. The upper level features 3 bedrooms, a full 4-piece bathroom, and brand new carpet and fresh paint throughout—move-in ready for a new owner or tenant. Enjoy the convenience of in-suite laundry, bright open living spaces, and access to a private fenced yard complete with rear deck. The lower level suite also includes 3 bedrooms, a full 4-piece bath, and its own in-suite laundry. This suite is currently occupied by a reliable long-term tenant under lease until April 2026, offering immediate rental income stability. Additional highlights include: Rear off-street parking for multiple vehicles. Separate fenced yards for each unit. Corner lot offering additional parking space and easy access. Quiet, family-friendly neighborhood close to parks, schools, and amenities. Whether you’re looking to live up and rent down, add to your investment portfolio, or simply secure a home with strong income potential, this property checks all the boxes. Don’t miss this opportunity in one of Red Deer's most desirable communities!