Opportunity awaits at 5920 51 Ave in Red Deer! This legally-suited home offers incredible flexibility, whether you're looking to enjoy homeownership or expand your real estate portfolio. As you approach the main suite, you'll be greeted by a charming, oversized front porch, perfect for sipping your morning coffee and adding character to the home. Inside, the main floor features three spacious bedrooms and a large, inviting living room. The kitchen and dining area lots of natural light thanks to large windows, and recent updates to the cabinetry provide ample counter space for cooking and entertaining. A standout feature of the main level is the unique upstairs loft area, which can serve as a versatile office, a fourth bedroom with a large dressing room/walk-in closet. Each unit boasts its own private yard, offering personal outdoor space for homeowners or tenants alike. The lower-level suite is equally impressive, with its own entrance with a mudroom, leading into a well-appointed living space. This unit features two bedrooms, two bathrooms, and a generously sized kitchen and dining area. Recent updates include a newer hot water tank, newer furnaces, most windows are vinyl windows, updated kitchen cabinets, fresh exterior paint, vinyl plank flooring, and a newer fence. The large yard also includes a concrete patio, newer fencing, and a single detached garage—ideal for outdoor living and storage.