For SaleFor sale
516 Terrace Park
516 Terrace Park
$270,222
MLS® A2340296
3
Bedrooms
2
Bathrooms
1,165
Area (sqft)
1961
Year Built
2
Parking
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.
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.
Features
- Built-in Features
- Laminate Counters
- Other
- Dishwasher
- Dryer
- Electric Stove
- Microwave Hood Fan
- Refrigerator
- Washer
- Carpet
- Vinyl Plank
- Forced Air
- Natural Gas
- None
- Parking Pad
- Metal
- Metal Siding
- Stucco
- Wood Frame
- Back Lane
- Back Yard
- Park
Essential Information
- MLS® #
- A2340296
- Property Type
- Residential
- Property Sub Type
- Row/Townhouse
- Style
- 2 Storey
- Levels
- Two
- Year Built
- 1961
- Full Bathrooms
- 1
- Half Bathrooms
- 1
- Days on Market
- 10
- Title
- Fee Simple
Community
- Community
- Eastview
- Postal Code
- T4N 1V8
- County
- Red Deer
- Community Features
Location
Mortgage estimate
Estimates only. Actual rates and payments may vary based on lender, credit, and property type.
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Listed by Larry Matira, eXp Realty · MLS® A2340296. Listing data provided by Pillar 9™. Information deemed reliable but not guaranteed.



