08/26/2026
ATTENTION INVESTORS 🚨
Looking for a brand-new investment property with strong rental potential, lower maintenance, and immediate possession?
We have two legal-suite opportunities in Red Deer worth a look:
📍 20 Toye Street | $790,000
Full Listing ~ https://bit.ly/4glTelM
A unique setup with two completely above-grade legal suites — no basement suite. Each unit has its own private entrance, separate utility meters, outdoor space, laundry, and oversized single attached garage.
🏠 3 Bed / 2 Bath + 3 Bed / 1 Bath
💰 $5,075 / Month Estimated Gross Rent
📈 $1,037 / Month Projected Cash Flow
🏷️ 6.3% Cap Rate
💵 7.7% Cash-on-Cash Return
🔑 Approx. $161,000 Total Cash Needed
Projected annual cash flow is over $12,400, while offering two highly functional rental units in a brand-new property.
📍 46 Tagish Avenue | $725,000
Full Listing ~ https://bit.ly/4xrZkqI
A lower entry point with a more traditional setup: a 3 bedroom / 2 bathroom main unit plus a fully finished 2 bedroom / 1 bathroom legal basement suite. Separate laundry and exterior entrance for the suite, large basement windows, and a double attached garage.
🏠 3 Bed / 2 Bath + 2 Bed / 1 Bath
💰 $4,300 / Month Estimated Gross Rent
📈 $652 / Month Projected Cash Flow
🏷️ 5.8% Cap Rate
💵 5.3% Cash-on-Cash Return
🔑 Approx. $148,000 Total Cash Needed
Two brand-new options for investors looking for separate rental spaces, immediate possession, and projected positive cash flow from day one.
📲 Want the full DealCheck breakdown, rental assumptions, or to walk through either property?
Nick | (403) 877-9028
Garret | (403) 872-4557
Investment figures are projections based on the DealCheck assumptions used for these analyses, including 80% financing at 4.24%, a 30-year amortization and 3% vacancy. Actual financing, rents, expenses and returns may vary.
Nick Glackin
REALTOR®️
Century 21 Maximum
