A New Investment Property in Red Deer: Introducing 46 Tagish Avenue

Ross Contracting has now built its share of investment properties across Red Deer, and every one of them starts from the same question: what does this home actually need to do for the person who owns it? That question shaped The Hannah and The Talia before it, and it shaped our newest investment property in Red Deer, now for sale at 46 Tagish Avenue in Timberlands North. This is a brand-new home build with a fully finished, legal two bedroom suite downstairs, designed from the ground up to work as hard as its owner needs it to, whether that is a mortgage helper, a multigenerational setup, or a fully rented cash-flowing property. Here is what makes it work, and how it compares to Red Deer investment properties built before it.

Why 46 Tagish Avenue Works as an Investment Property in Red Deer

The main floor is an open concept layout finished with quartz countertops throughout, built for the everyday rhythm of busy mornings, family dinners, and entertaining, not just for photographs. Upstairs, three bedrooms include a primary retreat with a walk-in closet and its own ensuite. A double attached garage adds everyday convenience, and the location puts you minutes from shopping, grocery stores, restaurants, schools, and parks in Timberlands North. Listed at $740,000, the home is priced as a complete package: a three bedroom, two bathroom main residence with a double garage, plus a fully self-contained two bedroom, one bathroom suite below it, ready for immediate possession.

A Legal Suite Designed to Not Feel Like a Basement

The suite at 46 Tagish is finished with large windows and generous ceiling height, two details that change how a basement suite actually lives day to day. Natural light and headroom are the difference between a suite that feels like an afterthought and one that feels like a real home, and that distinction matters whether the person living there is a tenant, a family member, or the homeowner themselves. The suite has its own separate laundry and its own entrance, keeping the two units genuinely independent even though they share one address. That independence is what makes the arrangement work long term, for a tenant who wants privacy or a family member who wants their own space without giving up proximity.

How This Investment Property in Red Deer Compares to The Hannah and The Talia

The Hannah and The Talia, our previous investment builds, each paired a main level with a second unit upstairs, giving every owner two genuinely independent living spaces under one title, whether that meant renting one out, housing family, or both. 46 Tagish works toward that same goal with a different layout: the second unit sits below grade as a basement suite rather than upstairs. That is where the large windows and taller ceiling height matter most, since a basement suite has to work harder than an upper unit to avoid feeling like a basement. The end result is the same flexibility our past investment properties have offered, a mortgage helper, a space for family, or a fully rented unit, just built into the home from the ground down instead of the ground up.

Legal Suites, Permits, and Why That Distinction Actually Matters

A suite is only as valuable as its legal status. The City of Red Deer permits house suites on a discretionary basis, caps them at 15 per cent of detached dwellings in a given neighbourhood, and requires a Development Permit, a Building Permit, and the associated subtrade permits before a suite can legally exist. On the financing side, CMHC recognizes self-contained secondary suites as a legitimate source of rental income for owner-occupied properties, provided the suite is legal and meets the applicable bylaws. That combination, a suite built and permitted properly from day one, is exactly what separates a property that performs the way you expect from one that becomes a headache the first time you try to rent it out, refinance, or sell.

See What 46 Tagish Avenue Could Do for You

Whether you are looking for a mortgage helper, space for family to live close but separate, or a property you can rent out entirely, 46 Tagish Avenue is built to flex with whatever stage of life you are in. Explore our investment property builds to see the kind of work that goes into every property we build, and get in touch with Ross Contracting or Garret Cook to book a showing or ask questions about 46 Tagish Avenue directly.