6 hours on Market

5300 48 St #118, Red Deer, Alberta T4N 7C5

In the same building:
-
Condo
2
2
~1058.00 sqft
$375,000
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Condo
2
2
~1058.00 sqft

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Highlights

Property Estimate

Days on market6 hours

Estimated valueNot available

Price/Sqft$354/sqft

Monthly cost

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Description

Welcome to Heritage Village, ideally located in downtown Red Deer and close to parks, the arena, curling rink, grocery stores, restaurants and everyday amenities. This well-designed main floor 2-bedroom unit offers a comfortable layout with a kitchen featuring wood cabinets and plenty of storage, a dining area and living room with access to the balcony. The unit also features air conditioning for added comfort. The primary bedroom includes a 4-piece ensuite, with a second 3-piece bathroom and convenient in-suite laundry completing the space. The unit also includes titled underground parking and a spacious storage locker. Heritage Village offers an impressive range of amenities and spaces for residents to enjoy. The second level features a social lounge, games room with billiards tables, party room, full kitchen and dance floor for community gatherings and events. The third floor includes a library and media room, while the fourth level offers two rooftop terraces complete with BBQs and comfortable patio seating. An indoor pool, hot tub, exercise room and craft room provide even more options for recreation and relaxation. Two guest suites are also available to rent separately for visiting family and friends. The monthly common area maintenance fee is $691.72 and includes electricity, gas, heat, insurance, parking, reserve fund contributions, sewer, snow removal, trash and water. With its central location, extensive amenities and comfortable living space, Heritage Village offers a convenient and enjoyable place to call home.


Property Details

StyleApartment-Single Level Unit
View-
Age of property2001
SqFt~1058.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2342474
Community NameDowntown
Data SourcePILLAR 9
Listing byRoyal LePage Network Realty Corp.

Features

Heating: Hot Water
Cooling: Central Air

Main Floor

3pc Bathroom

4pc Ensuite bath

Bedroom

13`10" x 10`0"

Dining Room

8`7" x 11`8"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Fitness Center, Indoor Pool, Laundry, Recreation Facilities

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Sep 15, 2026
ListedActive
$375,000
6 hours on market
history photo preview44
Listing by pillar 9®
Property listed by Royal LePage Network Realty Corp., Brokerage
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Market Data - Downtown

Geo Zone Map ThumbnailDowntown

Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

77 days

Compared to

2025

27 days

2024

69 days

2023

61 days

New Listings

Past 30 days

9 listings

Compared to

2025

9 listings

2024

5 listings

2023

6 listings

Units sold

Past 30 days

4 units

Compared to

2025

10 units

2024

9 units

2023

5 units

Median Sold Price

Past 30 days

$167,500

Compared to

2025

$220,000

2024

$199,900

2023

$247,000


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