pillar/IMG-A2347601_1.jpg
Re-listed 3 days ago

4820 47 Ave #405, Red Deer, Alberta T4N 6B9

In the same building:
-
Condo
1
2
~496.00 sqft
$•••,•••
$88,900
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Condo
1
2
~496.00 sqft

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Highlights

Property Estimate

Days on market3 days

Total days on market
147 days

Estimated valueNot available

Price/Sqft$179/sqft

Monthly cost

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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 4th-floor condo offers a peaceful retreat with spectacular east-facing views overlooking mature trees and parkland — a rare find at this price point! ( units are valued at approximately $5,000 per floor.) Inside, the home feels warm with light paint tones, creating a bright and welcoming ambiance. Enjoy your morning coffee or a relaxing afternoon tea and take in the views. The kitchen features crisp white cabinetry paired with an 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 $396.62 that include all utilities except for power and internet. Ample parking is available behind the building, with the option to rent an assigned powered stall for just $35/month. Those without a vehicle will love being within walking distance to downtown shops, services and the beautiful natural pathways along the creek. The recreational center is right next door - short walk - with an indoor and outdoor pool. This pet-friendly( some restrictions) building is also wonderfully suited for those considering rental income. On-site manager lives in the building — 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. Parking spot available for rent outside of the building. Please note photos of the unit inside were taken from another unit with the same layout.


Property Details

StyleApartment-Single Level Unit
View-
Age of property1977
SqFt~496.00 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberA2347601
Community NameParkvale
Data SourcePILLAR 9
Listing byRE/MAX real estate central alberta

Features

Heating: Natural Gas,Zoned

Main Floor

6pc Bathroom

6`9" x 6`2"

Living Room

17`6" x 10`5"

4pc Bathroom

8`8" x 5`0"

Bedroom - Primary

13`1" x 10`4"


5Story
Amenities

Elevator(s), Laundry, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX real estate central alberta, Brokerage
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Market Data - Parkvale

Geo Zone Map ThumbnailParkvale

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

0 day

Compared to

2025

20 days

2024

0 day

2023

67 days

New Listings

Past 30 days

1 listing

Compared to

2025

0 listing

2024

2 listings

2023

0 listing

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

0 unit

2023

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$85,000

2023

$173,000


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

Transportation Scores

Estimated Budget