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516 Terrace Park
Eastview Red Deer T4N 1V8

$270,222
Residential beds: 3 baths: 2.0 1,165 sq. ft. built: 1961

Main Photo: 516 Terrace Park in Red Deer: Eastview Row/Townhouse for sale : MLS®# A2340296
Photo 1: 516 Terrace Park in Red Deer: Eastview Row/Townhouse for sale : MLS®# A2340296
Photo 2: 516 Terrace Park in Red Deer: Eastview Row/Townhouse for sale : MLS®# A2340296
Photo 3: 516 Terrace Park in Red Deer: Eastview Row/Townhouse for sale : MLS®# A2340296
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Photo 5: 516 Terrace Park in Red Deer: Eastview Row/Townhouse for sale : MLS®# A2340296
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2340296
Bedrooms:
3
Bathrooms:
2
Year Built:
1961
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.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
2 Storey
Total Living Area:
1,164.98 sq. ft.
Lot Area:
2,310 sq. ft.
Lot Frontage:
25'
Front Exposure:
North
Entry Level:
1
Levels:
Two
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
1961 (Age: 65)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms On Main:
0
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:1, Half:1)
Num Ensuite Baths:
0
Plan:
1645MC
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Metal Siding, Stucco, Wood Frame
Structure Type:
Five Plus
Roof:
Metal
Ensuite:
No
Flooring:
Carpet, Vinyl Plank
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Parking Pad
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Eastview (Red Deer)
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer
n/a
None Known
Floor
Type
Size
Other
Main Floor
Living Room
17'11" × 12'4"
Main Floor
Kitchen
10'7" × 9'1"
Main Floor
Dining Room
10'9" × 7'4"
2nd Floor
Bedroom - Primary
12'10" × 12'1"
2nd Floor
Bedroom
10'8" × 9'4"
2nd Floor
Bedroom
12'1" × 9'11"
Basement
Game Room
20'4" × 12'7"
Floor
Ensuite
Pieces
Other
2nd Floor
No
4
0' x 0'
Basement
No
2
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Built-in Features, Laminate Counters
Exterior Features:
Other
Patio And Porch Features:
None
Lot Features:
Back Lane, Back Yard
Num. of Parcels:
0
Fencing:
Fenced
Region:
Red Deer
Zoning:
R-H
Listed Date:
Aug 27, 2026
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Listed by eXp Realty
Data was last updated August 28, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
363
Avg list price:
$429,900
Min list price:
$39,900
Max list price:
$4,200,000
Avg days on market:
31
Min days on market:
1
Max days on market:
421
Avg price per sq.ft.:
$344.47
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations. This data is not produced by the MLS® system.
Robert Hinsperger

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.