pillar/IMG-A2272526_1.jpg
45 days on Market

5326 47 Ave #306, Red Deer, Alberta t4n3r2

In the same building:
-
Condo
2
1
~785.50 sqft
$•••,•••
$149,000
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Condo
2
1
~785.50 sqft

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Highlights

Property Estimate

Days on market45 days

Estimated valueNot available

Price/Sqft$189/sqft

Monthly cost

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Description

Discover exceptional value in this top-floor, 2-bedroom condo located in the heart of downtown Red Deer—all for under $150,000. Whether you’re searching for the perfect starter home, downsizing, or a smart cash-flowing rental investment, this property checks every box. Step inside to a bright, comfortable layout with an inviting living area, functional kitchen with newer stainless steel appliances, and two well-sized bedrooms that offer flexibility for families, roommates, or a dedicated home office. Access to your spacious and private west facing balcony, and a covered underground garage are additional bonuses! Being on the top floor means extra privacy, peaceful living, and no noise from above, all within a quiet building on an equally quiet street. The location is just minutes from transit routes, major employers, downtown shops, restaurants, parks, and everyday amenities. Commuting is simple and errands are effortless—making life easier for both homeowners and future tenants alike. With affordable condo fees and an ideal price point, this property offers an incredible opportunity to build equity instead of paying rent. For investors, the strong demand in the area means you can easily generate rental income. Whether you’re just entering homeownership or adding a reliable asset to your investment portfolio, this condo delivers comfort, convenience, and long-term potential.


Property Details

StyleApartment-Single Level Unit
View-
Age of property1978
SqFt~785.50 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2272526
Community NameDowntown
Data SourcePILLAR 9
Listing byManor Hill Realty YYC Inc.

Features

Heating: Baseboard,Fireplace(s)
Cooling: Wall Unit(s)

Main Floor

Living Room

17`5" x 13`5"

Dining Room

9`0" x 7`10"

Kitchen

8`2" x 7`3"

Bedroom - Primary

12`10" x 11`4"


Features

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

Parking

Garage spaces -

Garage type -

Total parking spaces 1


3Story
Amenities

Elevator(s), Laundry, Secured Parking, Snow Removal, Storage

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Dec 5, 2025
ListedActive
$149,000
45 days on market
history photo preview28
Listing by pillar 9®
Property listed by Manor Hill Realty YYC Inc., 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

24 days

Compared to

2025

20 days

2024

21 days

2023

22 days

New Listings

Past 30 days

5 listings

Compared to

2025

3 listings

2024

2 listings

2023

2 listings

Units sold

Past 30 days

3 units

Compared to

2025

1 unit

2024

2 units

2023

1 unit

Median Sold Price

Past 30 days

$117,000

Compared to

2025

$125,000

2024

$177,500

2023

$75,500


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