33 Wells Street
Red Deer, Alberta

Summary

Very well-maintained half duplex in sought-after West Park on Red Deer’s southwest side—close to the college, hospital, parks, and amenities, with transit just a short walk away. Offering 5 bedrooms and 2 bathrooms, this home is ideal for families, first-time buyers, or investors looking to offset their mortgage with rental income. The layout allows for easy separation of the lower level or full-property rental, providing excellent flexibility. With a proven history of individual room rent of approximately $3,475/month in revenue and 95–100% occupancy over the past 12 years for lower level and 1 year for upper level (including summer months), this is a smart investment opportunity. This home features no carpet throughout, making it both stylish and low-maintenance. Recent upgrades include SOLAR PANELS (generating approximately $1,000/year), an upgraded electrical panel, A/C, UV & HEPA filtration system, newer appliances, vinyl windows, and shingles approximately 8 years old. Enjoy the added convenience of a concrete driveway plus additional rear parking, along with higher-end finished feature walls that elevate the overall look and feel of the home. A turnkey property offering comfort, income potential, and long-term value in a prime location.