The Opportunity

Overview

FULL DUPLEX FOR SALE 127 & 129 Lyons Close in Red Deer, Alberta — a bright and inviting 2-storey full duplex located on a quiet close in an excellent location. Built in 2004 and offering 1,291 square feet per side, this home combines great curb appeal, a smart floor plan, and comfortable everyday living. The main floor features convenient laundry, laminate flooring throughout, bright windows, and a functional layout that makes excellent use of the space. The primary bedroom includes a walk-in closet, while the large deck and fully fenced south-facing backyard provide a great outdoor area for relaxing, entertaining, or enjoying the sun. New roof to be installed in Mid October. Separate Titles, unit 129 is tenant occupied until October 31, 2026. (id:61970)

Investment highlights

01Multi-family

Property details

Property type: Multi-family
Transaction: For sale
Site area: 6,900 square feet
Listing brokerage: Realty Executives Alberta Elite
Listing representative: Cindy Price
Board / association: Red Deer (Central Alberta)

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Financial information

Asking price$675,000

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Location intelligence

127 - 129 Lyons Close
Red Deer, Alberta T4R3P6

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Documents

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From interest to a decision

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01Prepare for the property tour

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 30336836
Last supplied (UTC): September 29, 2026
Listing brokerage: Realty Executives Alberta Elite
Listing representative: Cindy Price
Board / association: Red Deer (Central Alberta)

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: Realty Executives Alberta Elite · Listing representative: Cindy Price · Board/association: Red Deer (Central Alberta) · Updated (UTC): Sep 29, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.