Condo For Sale In Downtown, Red Deer, Alberta

$149,900 QuickQuote^TM: $155K - $185K

2+0 Beds

1 Bath

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306-5326 47 Avenue, Red Deer, AB - Outdoor With Balcony

306-5326 47 Avenue, Red Deer, AB - Outdoor

306-5326 47 Avenue, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink

306-5326 47 Avenue, Red Deer, AB - Indoor Photo Showing Other Room

306-5326 47 Avenue, Red Deer, AB - Indoor Photo Showing Kitchen

306-5326 47 Avenue, Red Deer, AB - Indoor Photo Showing Living Room With Fireplace

306-5326 47 Avenue, Red Deer, AB - Outdoor With Balcony With Exterior

306-5326 47 Avenue, Red Deer, AB - Indoor

306-5326 47 Avenue, Red Deer, AB - Indoor Photo Showing Bathroom

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306-5326 47 Avenue, Red Deer, AB, T4N 3R2

$149,900

2 Beds

1 Bath

Property Information:

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.

Inclusions: Some additional paint, light coverings and flooring.

Building Features:

Air Conditioning: Yes
Total Finished Area: 785.50

Property Features:

Bedrooms: 2+0
Bathrooms: 1+0
Architectural Style: Single Level Unit
Association Fee Includes: Amenities of HOA/Condo, Common Area Maintenance, Gas, Heat, Insurance, Interior Maintenance, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
Built in: 1978
Condo Fees: $597 Monthly
Construction Materials: Concrete, Stucco, Wood Frame
Cooling: Wall Unit(s)
Exterior Features: Balcony
Fireplace Features: Gas, Living Room
Floor Space (approx): 785.50 Square Feet
Flooring: Hardwood, Laminate, Tile
Heating: Baseboard, Fireplace(s)
Interior Features: Ceiling Fan(s), Open Floorplan, Storage
Levels: Single Level Unit
Parking Features: Parkade, Underground
Roof: Asphalt Shingle
Zoning: R-H
No. of Parking Spaces: 1

Courtesy of: Manor Hill Realty YYC Inc.

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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QuickQuote^TM

Approximate value for 2 bed, 1 bath condo in this area is:

List Price
below Estimate List Price
above Estimate

$149,900

List Price

$155,073

$185,151

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Market Price Trends

Condominium

-7.94%

Price change (1 year)

9.79%

Price change (5 years)

All Properties

7.46%

Price change (1 year)

27.06%

Price change (5 years)

Location of 306-5326 47 Avenue, Red Deer, AB, T4N 3R2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 306-5326 47 Avenue , experiences 7 hot days per year at around 28.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 32.7 degrees Celsius.

Projected Avg. Temperature

Past

28.9℃

2050

32.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 306-5326 47 Avenue , experiences 10 significant 2-day storms per year, with about 207.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 219.3mm of precipitation per year.

Precipitation Per Storm

Past

207.2mm

2050

219.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 306-5326 47 Avenue, Red Deer, AB, T4N 3R2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$118,738.28

Average Number of Children

1.56

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.3 %

High school certificate or equivalent

31.69 %

Apprenticeship trade certificate/diploma

9.66 %

College/non-university certificate

22.62 %

University certificate (below bachelor)

0.46 %

University Degree

13.26 %

Commuter

Travel To Work

By Car

77.95 %

By Public Transit

3.08 %

By Walking

8.74 %

By Bicycle

0.12 %

By Other Methods

10.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.69 %

Houses

32.31 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Condominium

All Properties

Location of 306-5326 47 Avenue, Red Deer, AB, T4N 3R2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 306-5326 47 Avenue, Red Deer, AB, T4N 3R2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

306-5326 47 Avenue, Red Deer, AB, T4N 3R2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing