pillar/IMG-A2274319_1.jpg
1 day on Market

4820 47 Ave #307, Red Deer, Alberta T4N 6B9

In the same building:
-
Condo
-
-
~496.00 sqft
$87,500
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Condo
-
-
~496.00 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$176/sqft

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Description

Discover this hidden gem in historic Downtown Red Deer, just steps from Coronation Park, the Recreation Centre, and some of the best walking trails in the city. This inviting 5th-floor condo offers a peaceful retreat with spectacular east-facing views overlooking mature trees and parkland — a rare find at this price point! (Top-floor units are valued at approximately $5,000 per floor.) Inside, the home feels warm and refreshed with newer flooring and light paint tones, creating a bright and welcoming ambiance. Enjoy your morning coffee or a relaxing afternoon tea in the private nook perfectly positioned to take in the views. The kitchen features crisp white cabinetry paired with a clean white appliance package, offering a timeless and functional space. The primary bedroom is spacious, and the bathroom next to it. Two generously sized hallway closets provide excellent storage, complemented by an additional in-unit storage area, making organization effortless. This well-designed condo offers incredible convenience with a laundry room just down the hall and an elevator located across from the unit, making daily living simple and accessible. The building itself is well managed with a long-standing, reliable condo association and affordable condo fees that include all utilities. Ample parking is available behind the building, with the option to rent an assigned powered stall for just $25/month. Those without a vehicle will love being within walking distance to downtown shops, services, and the beautiful natural pathways along the creek. This pet-friendly building is also wonderfully suited for those considering rental income. On-site manager Tony, who lives in the building, oversees rentals for owners — a huge advantage for investors looking for hands-off management and excellent building security. Whether you’re a busy professional, first-time buyer, downsizer, nature lover, or someone looking for affordable home ownership, this condo delivers unbeatable value. A perfect choice for anyone seeking comfort, convenience and a budget-friendly lifestyle in the heart of Red Deer.


Property Details

StyleApartment-Single Level Unit
View-
Age of property1977
SqFt~496.00 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberA2274319
Community NameParkvale
Data SourcePILLAR 9
Listing byRE/MAX real estate central alberta

5Story
Amenities

Laundry

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Dec 16, 2025
ListedActive
$87,500
1 day on market
history photo preview50
Listing by pillar 9®
Property listed by RE/MAX real estate central alberta, Brokerage
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Population and Demographics

Overview

Total population 420
Average household income $97,945

Age (%)

0 to 19
13%
20 to 34
18%
35 to 49
17%
50 to 64
20%
65 and plus
32%

Household composition (%)

Single person
54%
Single family
41%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
90%
Others
4%
French
2%
Tagalog (Pilipino, Filipino)
1%
German
1%

House tenancy (%)

Owners
53%
Renters
47%

What’s nearby?Essentials within 5 km

Local Logic

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