For Sale: 4611 50 Street, Red Deer, AB - REW
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$1,399,000
0 bd ba 8488 sf Townhouse

4611 50th StreetRed Deer, AB, T4N 2C2

  • 0 Bed
  • Bath
  • 8488 Sqft
  • Townhouse

About this home

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.
Listed by: Yu jing Li, Grand Realty

Home facts and features

Price details
List Price
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Townhouse
Year Built
Built in 1978 (48 yrs old)
Features
Square Shaped Lot
Appliances
Refrigerator, Stove, Washer/Dryer
Agent details
Primary Agent
Primary Broker
Grand Realty
Listing details
Days on REW
74 Days
Property Views
24
MLS® Number
A2295424
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Quest High School
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  • In Catchment
Outreach School Centre
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  • In Catchment
Red Deer Regional Hospital Education Program
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  • In Catchment
Central Middle School
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  • In Catchment
St. John Paul II Catholic Outreach School
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  • In Catchment
St. Gabriel Online School
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  • In Catchment
Pine Hill Colony School
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  • In Catchment
Escuela Vista Grande
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  • In Catchment
South Side Christian School
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  • In Catchment
École Camille J Lerouge School
  • n/a
  • -
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-05.