pillar/IMG-A2329683_1.jpg
28 days on Market

4921 46 St, Red Deer, Alberta T4N 1N2

Detached
2
1
~845.00 sqft
$219,900
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Detached
2
1
~845.00 sqft

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Highlights

Property Estimate

Days on market28 days

Estimated valueNot available

Price/Sqft$260/sqft

Monthly cost

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Description

DOWNTOWN LOCATION | C-1 COMMERCIAL ZONING | LONG TERM TENANT IN PLACE – Offering plenty of future potential, this downtown property is a great opportunity for investors looking to add to their portfolio or buyers seeking the flexibility that comes with C-1 zoning. Situated on a mature lot in a highly accessible central downtown location, this bungalow offers 845 square feet of living space with two bedrooms, a full bathroom, a functional kitchen, and a bright living room. With a long term tenant already in place, the property offers the benefit of an established tenancy while you consider your future plans. Whether your vision includes renovation, redevelopment, or making the most of the C-1 Commercial zoning, this unique property offers plenty of possibilities. This property is currently rented for $1,150/month including utilities.


Property Details

StyleBungalow
View-
Age of property1945
SqFt~845.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2329683
Community NameDowntown
Data SourcePILLAR 9
Listing byRE/MAX real estate central alberta

Features

Heating: Forced Air,Natural Gas
Basement: Full,Partially Finished,None

Main Floor

Bedroom

9`2" x 9`1"

Bedroom

10`0" x 9`1"

4pc Bathroom


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Jul 20, 2026
ListedActive
$219,900
28 days on market
history photo preview1
Listing by pillar 9®
Property listed by RE/MAX real estate central alberta, Brokerage
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Market Data - Downtown

Geo Zone Map ThumbnailDowntown

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

29 days

Compared to

2025

0 day

2024

34 days

2023

0 day

New Listings

Past 30 days

3 listings

Compared to

2025

2 listings

2024

2 listings

2023

1 listing

Units sold

Past 30 days

1 unit

Compared to

2025

0 unit

2024

2 units

2023

0 unit

Median Sold Price

Past 30 days

$280,000

Compared to

2024

$322,500


Population and Demographics

Overview

Total population 1889
Average household income $93,279

Age (%)

0 to 19
13%
20 to 34
22%
35 to 49
17%
50 to 64
21%
65 and plus
26%

Household composition (%)

Single person
60%
Single family
33%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
85%
Tagalog (Pilipino, Filipino)
4%
Others
3%
Spanish
2%
French
2%
Somali
1%

House tenancy (%)

Renters
66%
Owners
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget