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4611 50 Street, Red Deer, AB, T4N 2C2

MLS® # A2258892
House For Sale In Parkvale, Red Deer, Alberta
$1,599,000 QuickQuoteTM: Not Available

None Beds

4611 50 Street, Red Deer, AB - Outdoor
4611 50 Street, Red Deer, AB - Outdoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Living Room
4611 50 Street, Red Deer, AB - Indoor Photo Showing Living Room
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
4611 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
4611 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
4611 50 Street, Red Deer, AB - Indoor Photo Showing Dining Room
4611 50 Street, Red Deer, AB - Indoor Photo Showing Living Room
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Laundry Room
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Basement
4611 50 Street, Red Deer, AB - Outdoor
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
4611 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
4611 50 Street, Red Deer, AB - Outdoor
4611 50 Street, Red Deer, AB - Outdoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Living Room
4611 50 Street, Red Deer, AB - Indoor Photo Showing Living Room
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
4611 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
4611 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
4611 50 Street, Red Deer, AB - Indoor Photo Showing Dining Room
4611 50 Street, Red Deer, AB - Indoor Photo Showing Living Room
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Laundry Room
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Basement
4611 50 Street, Red Deer, AB - Outdoor
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
4611 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
4611 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
4611 50 Street, Red Deer, AB - Indoor
4611 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
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4611 50 Street, Red Deer, AB, T4N 2C2
$1,599,000

Property Information:

An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24 hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long term investment or can sell individually in future. $250/unit/month condo fee currently. $8150/month is the rent income. We have some tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities.

Inclusions: -

Building Features:

  • Total Finished Area: 8488.00

Property Features:

  • Built in: 1978
  • Floor Space (approx): 8488.00 Square Feet
  • Levels: Two
  • Lot Size: 12450.00 Square Feet
  • Zoning: R-D
  • No. of Parking Spaces: 8

Courtesy of: Grand Realty

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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Market Price Trends

Townhouse

-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)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 4611 50 Street, Red Deer, AB, T4N 2C2

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, 4611 50 Street , 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
7
2050
28

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, 4611 50 Street , 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
10
2050
11

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 4611 50 Street, Red Deer, AB, T4N 2C2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

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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