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$259,900

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MLS® A2254728

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 895 sqft
Garage No
Taxes $5,480
Lot Size 0.15 acres
Approx. Age 1939
Avg. Price Per Sqft $290
MLS® Number A2254728

Property Address: 4823 53 Street, Red Deer, AB, T4N0C2

Average square foot calculated using Size range provided by listing agent.

Description

This is an affordable downtown Red Deer property with an illegal suite, exceptional future potential. Situated on a 50 x 125 ft lot, the main floor features soaring ceilings and a stylish loft that overlooks the bright, open living space. Below, a separate walk-out basement unit has its own ground-level entrance to the back yard. Each level provides two bedrooms or offices, a full kitchen, and a bathroom, with a shared laundry area between them. The entire historic home has been extensively upgraded over the years, including newer windows, furnace, electrical, a new hot-water tank, eavestroughs, and brand-new shingles installed in August 2025. Off-street parking is plentiful at the rear. Zoned C1, the lot is ideally positioned for redevelopment and the City has previously approved a 10, 000-square-foot mixed-use project on the site. With many government incentives available for downtown redevelopment and no nearby residential neighbourhood to trigger complaints, this property represents an excellent opportunity to enter the market and plan a future multi-level apartment or commercial building.Show Description
MLS® NumberA2254728
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.15
Exterior
GarageNo
Approx. Age1939
BasementFull, Partially Finished, Separate/Exterior Entry
DrivewayGravel Driveway, Off Street, Owned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

shed

Rooms

Show Details
Living Room:Main Floor12.92 × 16 ft
Other:Upper Level10.42 × 10.59 ft
Other:Basement10 × 8 ft
Other:Third Floor10 × 11 ft
Other:Lower LevelNot available
Other:Basement10 × 10 ft
Other:Main Floor10 × 10 ft

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  • Commute

Commute

Starting Address
Destination Address
4823 53 Street, Red Deer, AB

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