1 day on Market

5023 56 Ave, Rimbey, Alberta T0C 2J0

Detached
2 + 1
1
~776.43 sqft
$259,900
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Detached
2 + 1
1
~776.43 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$334/sqft

Monthly cost

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Description

If you’re looking for affordable living in a small town that offers plenty of amenities, this property is one you won’t want to miss! Located in Rimbey, a wonderful community just 45 minutes northwest of Red Deer, you’ll enjoy convenient access to shopping, schools, churches, and a variety of recreational facilities including a community center, auto racetrack, and indoor riding arena, plus so much more. This well-maintained 3-bedroom, 1-bathroom home was solidly built in 1958 and has seen numerous updates over the years, with major renovations completed around 2016. Improvements include updated paint, windows, siding, a durable metal roof, and on-demand hot water. The main floor features a spacious living room, two comfortable bedrooms, a full 4-piece bathroom, and a bright kitchen/dining area with ample cabinetry and additional storage. Wide stairs lead to the basement, where you’ll find a cozy wood stove which is perfect for added comfort and helping reduce heating costs. This level also includes a third bedroom with unique built-in cupboards and closet space, along with a sitting area near the stove. The large utility/laundry room offers plenty of space for storage, a workshop, or whatever suits your needs. Step outside to a backyard featuring a garden plot, mature trees, and additional parking and it is fully fenced, making it ideal for pet owners. Two good-sized sheds provide excellent storage for tools, equipment, or seasonal items. Built to last and in great condition, this home is a fantastic opportunity for investors, first-time buyers, or those looking to downsize from the farm. It just might be the one you’ve been waiting for!


Property Details

StyleBungalow
View-
Age of property1958
SqFt~776.43 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2307245
Community NameRimbey
Data SourcePILLAR 9
Listing byCIR Realty

Features

Heating: Forced Air,Wood Stove
Basement: Full,Partially Finished,Other

Main Floor

4pc Bathroom

4`11" x 8`11"

Bedroom

11`1" x 8`11"

Dining Room

3`9" x 8`3"

Kitchen

9`6" x 12`8"


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

May 2, 2026
ListedActive
$259,900
1 day on market
history photo preview43
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
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Market Data - Rimbey

Geo Zone Map ThumbnailRimbey

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2025

25 days

2024

21 days

2023

44 days

New Listings

Past 30 days

1 listing

Compared to

2025

7 listings

2024

8 listings

2023

8 listings

Units sold

Past 30 days

2 units

Compared to

2025

2 units

2024

6 units

2023

7 units

Median Sold Price

Past 30 days

$486,057

Compared to

2025

$245,000

2024

$341,950

2023

$217,500


Population and Demographics

Overview

Total population 1942
Average household income $91,331

Age (%)

0 to 19
22%
20 to 34
13%
35 to 49
15%
50 to 64
18%
65 and plus
33%

Household composition (%)

Single family
58%
Single person
39%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
Others
4%
German
1%

House tenancy (%)

Owners
73%
Renters
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget