pillar/IMG-A2353960_1.jpg
6 days on Market

5300 48 St #305, Red Deer, Alberta T4N 7C5

In the same building:
-
Condo
2
2
~1058.00 sqft
$345,000
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Condo
2
2
~1058.00 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$326/sqft

Monthly cost

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Description

Enjoy carefree 55+ living in this beautifully maintained, modern condo in a prime downtown Red Deer location. Just a short walk from the Capstone development, the river and scenic walking trails, with banking, restaurants and the hospital close by, this home makes everyday living convenient. The open-concept layout features 9-foot ceilings, recently upgraded flooring and a gas fireplace. The spacious primary bedroom accommodates a king-sized bed and includes a walk-through closet leading to the ensuite, recently updated with a large walk-in shower. A second bedroom offers flexibility as a guest room, den or home office. Step onto the deck to enjoy your morning coffee. Residents can take advantage of an impressive range of amenities, including an indoor pool, hot tub, fitness room, games room, multipurpose room with kitchen and workshop. Underground parking adds everyday convenience, with additional guest parking out front. Visiting friends and family can also book the on-site guest suite for $30 per night, private in social room is $100.00. With a welcoming community, excellent amenities and a location close to the best of downtown Red Deer, this is a wonderful opportunity for secure, low-maintenance living.


Property Details

StyleApartment-Single Level Unit
View-
Age of property2002
SqFt~1058.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2353960
Community NameDowntown
Data SourcePILLAR 9
Listing byRoyal LePage Network Realty Corp.

Features

Heating: Baseboard
Cooling: Central Air

Main Floor

3pc Ensuite bath

0`0" x 0`0"

3pc Bathroom

0`0" x 0`0"

Living Room

23`0" x 15`7"

Dining Room

12`11" x 6`2"


Features

Patio: Balcony(s)
Balcony: Balcony(s)
Pool: Indoor

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Elevator(s), Fitness Center, Garbage Chute, Guest Suite, Indoor Pool, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 24, 2026
ListedActive
$345,000
6 days on market
history photo preview38
Listing by pillar 9®
Property listed by Royal LePage Network Realty Corp., Brokerage
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Market Data - Downtown

Geo Zone Map ThumbnailDowntown

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2025

73 days

2024

37 days

2023

16 days

New Listings

Past 30 days

7 listings

Compared to

2025

4 listings

2024

6 listings

2023

4 listings

Units sold

Past 30 days

3 units

Compared to

2025

6 units

2024

5 units

2023

4 units

Median Sold Price

Past 30 days

$132,000

Compared to

2025

$216,500

2024

$195,000

2023

$199,950


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