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Listed price in listed location currency (CAD).
$1,399,000

008

MLS® A2295424

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size 8488 sqft
Garage 
Taxes 
Days Active 24
Lot Size 
Approx. Age 1978
Avg. Price Per Sqft $164
MLS® Number A2295424

Property Address: 4611 50 St, Red Deer, AB, T4N1X1

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

Description

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.
MLS® NumberA2295424
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1978
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$1,399,000List Price
  • Commute

Commute

Starting Address
Destination Address
4611 50 St, Red Deer, AB

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