pillar/IMG-A2317490_1.jpg
3 days on Market

5300 48 St # 318, Red Deer, Alberta T4N 7C5

Condo
2
2
~1123.00 sqft
$339,900
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Condo
2
2
~1123.00 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$302/sqft

Monthly cost

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Description

Welcome to luxury adult living at its finest! This beautifully maintained condo offers the perfect blend of comfort, convenience, and community within one of Red Deer’s most sought-after adult living complexes complete with central airconditioning. From the moment you enter the impressive grand lobby, you'll be greeted by soaring ceilings, a stunning fireplace, elegant staircase, and a welcoming atmosphere that instantly feels like home. Designed for easy living, this spacious open-concept floor plan features upgraded hardwood flooring throughout the main living areas, creating a warm and inviting space for everyday enjoyment. The bright living room is highlighted by a cozy gas fireplace and large west-facing windows that fill the home with natural light and offer beautiful evening sunsets from your private covered balcony complete with a gasline for easy bbq cooking. The well-appointed kitchen is sure to impress with rich dark cabinetry, granite countertops, stainless steel appliances, abundant cupboard and drawer space, and a large corner pantry to keep everything organized. The spacious primary bedroom offers plenty of room to relax and features dual closets along with a private 3-piece ensuite complete with a full-size walk-in shower. A comfortable second bedroom provides the perfect space for visiting family and friends. You'll also appreciate the dedicated laundry room featuring side-by-side washer and dryer, extra storage cabinets, and space for a freezer. A full 4-piece main bathroom completes this thoughtfully designed unit. Enjoy year-round comfort with your heated underground parking stall, which also includes a secure enclosed storage locker for seasonal items and extra belongings. The Sierras of Heritage Village offers an exceptional collection of amenities designed to support an active and social lifestyle. Residents enjoy access to a heated indoor swimming pool, hot tub, fitness center, and craft room. 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 perfect for movie nights, while the fourth level offers two rooftop terraces complete with BBQs and comfortable patio seating. For visiting guests, two guest suites are available to rent separately. Ideally situated close to grocery stores, medical services, pharmacies, dental offices, restaurants, and entertainment, this prime location also places you directly across from the exciting Capstone development—Red Deer’s rapidly growing riverfront district and future hub for shopping, dining, recreation, and community events. If you've been searching for a vibrant, maintenance-free lifestyle without sacrificing comfort or amenities, this exceptional condo is the perfect place to call home.


Property Details

StyleApartment-Multi Level Unit
View-
Age of property2002
SqFt~1123.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2317490
Community NameDowntown
Data SourcePILLAR 9
Listing by2 Percent Realty Advantage

Features

Heating: Baseboard
Cooling: Central Air

Main Floor

Living Room

13`6" x 21`7"

Laundry

6`6" x 8`1"

Dining Room

6`6" x 11`11"

Kitchen

13`1" x 10`11"


Features

Patio: Deck
Balcony: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 1


4Story
Amenities

Elevator(s), Fitness Center, Guest Suite, Party Room, Pool, Storage

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 6, 2026
ListedActive
$339,900
3 days on market
history photo preview37
Listing by pillar 9®
Property listed by 2 Percent Realty Advantage, Brokerage
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Market Data - Downtown

Geo Zone Map ThumbnailDowntown

Strong 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

19 days

Compared to

2025

39 days

2024

53 days

2023

29 days

New Listings

Past 30 days

6 listings

Compared to

2025

4 listings

2024

11 listings

2023

1 listing

Units sold

Past 30 days

4 units

Compared to

2025

3 units

2024

8 units

2023

4 units

Median Sold Price

Past 30 days

$232,450

Compared to

2025

$240,000

2024

$286,200

2023

$240,000


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