22 Lanterman Close
Active Listing · MLS# A2294425

22 Lanterman Close

Lonsdale, Red Deer, AB T4R 3K3

$499,9004 Bed · 2 Bath1,886 sf DevelopedBasement Suite
💰$499,900
🛏4 Bed
🚿2 Full
📐1,026 sf
🏠Bi-Level
📅2003
🚗2 Cars
About This Home

Live Up, Rent Down in the Heart of Lonsdale

Welcome to 22 Lanterman Close, a fully finished bi-level in the family-friendly community of Lonsdale, just steps from Mattie McCullough School. This versatile property offers 1,886 square feet of developed living space, 4 bedrooms, 2 full bathrooms, and a double detached garage, making it an outstanding opportunity for homeowners and investors alike.

The property features two complete kitchens and two separate laundry areas — one up and one down — providing exceptional flexibility for extended family living or rental income. The basement kitchen, appliances, and cabinetry were fully updated in 2023, adding modern functionality to the lower level.

Comfort is assured with a newer furnace and hot water tank for year-round peace of mind. The east-facing front welcomes bright mornings, while the west-facing backyard is perfect for evening sun on the deck. The fully boarded double detached garage measures approximately 21'6 × 21'5 — ideal for parking, storage, or a workshop.

Strong Income Potential

With two fully self-contained units, separate laundry, and a prime location near schools and amenities, this property is built for the modern investor or house-hacker.

2
Kitchens
2
Laundry
4
Bedrooms
Key Features

Why You'll Love It

🏠

Live Up, Rent Down

Two kitchens, two laundry areas — ideal for owner-occupiers or investors

🍳

Updated Suite Kitchen

Basement kitchen, appliances & cabinetry fully updated in 2023

🔥

Newer Furnace & HWT

Peace of mind with recently replaced furnace and hot water tank

🚗

Double Det. Garage

Fully boarded 21'6 × 21'5 — room for 2 cars, storage, or a workshop

☀️

West-Facing Backyard

Evening sun on the deck — perfect for summer entertaining

🏫

Steps to School

Mattie McCullough School just around the corner

🏡

1,886 sf Developed

Full basement development — every square foot is usable living space

Property Reel

15-Second Tour

Tap play to watch the highlights reel. Tap again to pause.

MLS® A2294425

Live Up, Rent Down

22 Lanterman Close · Lonsdale

📍Lonsdale, Red Deer
🏠 22 Lanterman Close · 💰 $499,900 · 🛏 4 Bed · 2 Bath · 🏠 Bi-Level with Suite · 🚗 Double Detached Garage · 🏫 Steps to School · 🏠 22 Lanterman Close · 💰 $499,900 · 🛏 4 Bed · 2 Bath · 🏠 Bi-Level with Suite · 🚗 Double Detached Garage · 🏫 Steps to School · 🏠 22 Lanterman Close · 💰 $499,900 · 🛏 4 Bed · 2 Bath · 🏠 Bi-Level with Suite · 🚗 Double Detached Garage · 🏫 Steps to School · 🏠 22 Lanterman Close · 💰 $499,900 · 🛏 4 Bed · 2 Bath · 🏠 Bi-Level with Suite · 🚗 Double Detached Garage · 🏫 Steps to School ·

22 Lanterman Close

💰

List Price

$499,900

🛏

Bedrooms

4 (2 up + 2 down)

🚿

Bathrooms

2 Full

📐

Dev. Space

~1,886 sq ft

🏠

Style

Bi-Level with Suite

🏫

School

Mattie McCullough 0.2 km

Virtually Staged

Imagine the Possibilities

These images have been digitally furnished to illustrate the potential of each space. Furnishings, décor, and vehicles shown are not included with the property.

Double Detached Garage
Virtually Staged

Double Detached Garage

Main Floor Living Room
Virtually Staged

Main Floor Living Room

Kitchen & Dining Area
Virtually Staged

Kitchen & Dining Area

West-Facing Deck
Virtually Staged

West-Facing Deck

Primary Bedroom
Virtually Staged

Primary Bedroom

Basement Suite
Virtually Staged

Basement Suite

Disclaimer: Virtually staged images are for illustrative purposes only. Furniture, décor, vehicles, and other personal property shown are not included in the listing and do not represent the current condition of the property. Buyers are encouraged to view the property in person.

Photo Gallery

Explore Every Room

36 photos — click any to enlarge

Property Details

Full Listing Information

MLS NumberA2294425
Address22 Lanterman Close, Red Deer, AB T4R 3K3
CommunityLonsdale
List Price$499,900
StyleBi-Level Detached
Year Built2003
Total Bedrooms4 (2 up, 2 down)
Total Bathrooms2 Full
Above Grade SF1,025.67 sq ft
Total Dev. Space~1,886 sq ft
BasementFully Developed — Suite
SuiteBasement Suite (Illegal)
Kitchens2 (Main + Basement, updated 2023)
Laundry2 (Main Floor + Basement)
Lot Size4,137 sq ft (384 m²)
Lot Depth119.99 ft (36.57 m)
ParkingDouble Detached Garage (21'6 × 21'5)
HeatingForced Air, Natural Gas (newer furnace)
FlooringCarpet, Laminate, Linoleum
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
RoofAsphalt Shingle
AppliancesDishwasher, Electric Stove, Microwave, Fridge, Washer/Dryer
ExtrasGarage Door Opener, Deck, Fenced Yard
Taxes (2025)$3,495.66
ZoningR1-N
Front ExposureEast (bright mornings)
PossessionImmediate / Negotiable
The Community

Life in Lonsdale

History, Culture & Vibe

Lonsdale is one of Red Deer's most established and beloved southeast communities, developed primarily in the late 1990s and early 2000s. Thoughtfully designed for families with wide streets, abundant green space, and a genuine sense of community that has only deepened over the years.

The community's character is defined by its walkability and proximity to everyday essentials. Mattie McCullough School sits just around the corner, making the morning school run a simple stroll. The neighbourhood is well-connected to Red Deer's extensive trail network, offering easy access to parks, playgrounds, and the natural beauty of central Alberta's river valley system.

Lonsdale attracts a diverse mix of young families, long-time Red Deer residents, and savvy investors drawn by its strong rental market and consistent demand. The community association is active year-round, hosting seasonal events and maintaining the neighbourhood's tight-knit, welcoming atmosphere. It's the kind of place where neighbours know each other's names and where people genuinely put down roots.

Things to Do & Points of Interest

🏊

Collicutt Centre

Red Deer's premier recreation facility — pools, fitness, skating, and more

🛒

Gaetz Ave Retail Corridor

Costco, Canadian Tire, Superstore, and dozens of shops minutes away

🌳

Bower Ponds

Beloved urban park with paddle boats, skating, and walking trails

🎬

Cineplex Odeon

Full-service cinema complex in the heart of Red Deer

🏥

Red Deer Regional Hospital

Full-service regional hospital serving central Alberta

🚌

Red Deer Transit

City-wide bus network with stops throughout Lonsdale

Riverview Golf Course

Scenic 18-hole public course along the Red Deer River

🎭

Westerner Park

Events centre hosting concerts, trade shows, and the famous Westerner Days

Education

Schools Nearby

Lonsdale is surrounded by excellent public and Catholic schools for all ages.

Red Deer Public School District (RDPSD)

Mattie McCullough School

Grades K–8

~0.2 km

Lindsay Thurber High School

Grades 10–12

~3.5 km

Hunting Hills High School

Grades 10–12

~4.0 km

Eastview Middle School

Grades 6–9

~2.8 km

Red Deer Catholic Regional Schools (RDCRS)

St. Francis of Assisi

Grades K–8

~1.5 km

École Secondaire Notre Dame

Grades 10–12

~3.2 km

St. Joseph High School

Grades 10–12

~3.8 km

St. Patrick's School

Grades K–8

~2.6 km
Mortgage Calculator

Estimate Your Payments

For illustration purposes only. Consult a licensed mortgage professional.

$
$
2%10%
5 yr30 yr

Estimated Payment

$2,359
/mo
Mortgage Amount$399,920
Total Interest$307,753
Total Cost$807,653
Rate Used5.09% / 25 yr

Estimates only. Does not include CMHC insurance, property taxes, or condo fees. Consult a licensed mortgage broker.

Contact Us

Ready to Make a Move?

Book a private showing or ask us anything about this home.

Top 5 Realtor Teams 2025
Bryan Panganiban

REALTOR®

Bryan Panganiban

403-831-3309[email protected]
Marlu Badillo

REALTOR®

Marlu Badillo

403-630-9583[email protected]

Send Us a Message

Send Message