$1,399,000
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4611 50 Street, Red Deer, AB T4N2C2

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- Beds
0 Baths
8,488 Sq Ft

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. $9000/month is the rent income. We have tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities. (id:58753)

Listing By: Yu jing Li - Grand Realty cncrea2 Realty.com
  • MLS® A2295424
  • Date Listed03/23/2026
  • Days on Realty 74 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 12,450 sq. ft
  • Subdivision Parkvale
  • Year Built 1978
  • Square Feet 8,488 sq. ft
  • Price Per Sq. Ft $164.82

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 12,450.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4N2C2

Discover key demographics, population statistics, and environmental insights for the Red Deer, AB area.

Walkability in AB / T4N2C2

Source: Walk Score

84/100

Very Walkable

Walk Score ®

47/100

Some Transit

Transit Score ®

62/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

27 nearby routes: 27 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 32/100, Bike Score: 47/100.

Points of Interest near 4611 50 Street, Red Deer, AB T4N2C2

Frequently Asked Questions for 4611 50 Street

Source: Realty.com

4611 50 Street, Red Deer, AB T4N2C2 in Parkvale, Red Deer, AB T4N2C2 is a multi family listed at $1,399,000. Highlights include 8,488 sq. ft., built in 1978, $165 per sq. ft.. Realty.ca has 35 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 35 photos of 4611 50 Street.

Our records indicate that 4611 50 Street was built in 1978.

The full address for this home is 4611 50 Street, Red Deer, AB T4N2C2.

4611 50 Street has been listed on Realty.com since Mon March 23, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 32/100, Bike Score: 47/100.

Listing provided courtesy of: Grand Realty
Listing agent: Yu jing Li

This content last refreshed on 2026-06-05 03:59:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.