Property Details

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Featured in:

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306, 5326 47 Avenue
Red Deer (A2272526)

$149,900
2
1
786 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Discover exceptional value in this top-floor, 2-bedroom condo located in the heart of downtown Red Deer—all for under $150,000. Whether you’re searching for the perfect starter home, downsizing, or a smart cash-flowing rental investment, this property checks every box. Step inside to a bright, comfortable layout with an inviting living area, functional kitchen, and two well-sized bedrooms that offer flexibility for families, roommates, or a dedicated home office. Access to your spacious and private west facing balcony, and a covered underground garage are additional bonuses! Being on the top floor means extra privacy, peaceful living, and no noise from above, all within a quiet building on an equally quiet street. The location is just minutes from transit routes, major employers, downtown shops, restaurants, parks, and everyday amenities. Commuting is simple and errands are effortless—making life easier for both homeowners and future tenants alike. With affordable condo fees and an ideal price point, this property offers an incredible opportunity to build equity instead of paying rent. For investors, the strong demand in the area means you can easily generate rental income. Whether you’re just entering homeownership or adding a reliable asset to your investment portfolio, this condo delivers comfort, convenience, and long-term potential.

Property details

Basic Info

MLS® #
A2272526
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Downtown Red Deer
Price
$149,900
Sale/Lease:
For Sale
Size:
786 sq.ft.
Bedrooms:
2
Bathrooms:
1
Year Built:
1978 (47 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Style:
Apartment-Single Level Unit
Garage:
No
Parking:
Parkade, Underground
Fence:
Basement:
No
Features:
Ceiling Fan(s), Open Floorplan, Storage
Fireplaces:
1
Inclusions:
Some additional paint, light coverings and flooring.
Appliances:
Dishwasher, Electric Range, Microwave Hood Fan, Refrigerator, Wall/Window Air Conditioner
Laundry:
Laundry Room, Upper Level
Exterior Features:
Balcony, BBQ gas line
Patio/Porch Features:
Balcony(s)

Neighborhood Info

Nearby Amenities:
Schools Nearby, Shopping Nearby, Walking/Bike Paths

Condo/Association Info

Condo Type:
Conventional Condo
Condo Amenities:
Elevator(s), Laundry, Secured Parking, Snow Removal, Storage
Condo Fee:
$597
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Gas, Heat, Insurance, Interior Maintenance, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
Pets Allowed:
Yes

Lot / Land Info

Zoning:
R-H

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Concrete,Stucco,Wood Frame
Floors:
Hardwood, Laminate, Tile
Heating:
Baseboard, Fireplace(s)
Cooling:
Wall Unit(s)
Amenities:
Schools Nearby, Shopping Nearby, Walking/Bike Paths

Listing Info

Possession:
Immediate,Negotiable
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Grassroots Realty Group Ltd.
1-833-477-6687

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