137 days on Market

5917 51 Ave #1, Red Deer, Alberta T4N 4J1

In the same building:
-
Condo
-
-
~5593.00 sqft
$•••,•••
$1,350,000
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Condo
-
-
~5593.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$241/sqft

Est. Mortgage$5,798/mo

Tax Amount (2024)$9,022/yr

Days On Market137 days


Description

An investment gem. B3 Certified 6 plex built for assisted living facility. Leased to a service provider who is responsible for staffing and clients. Current lease is month to month. Service provider is willing to sign long term lease. two- 3 bedroom 2 Bathroom units; Four - 1 Bedroom 1 Bathroom unit. Unit 210 has a main entry wheel chair lift and a wheel chair roll in shower. Unit 110 is wheel chair accessible by ramp. no stairs has a wheel chair roll in shower. Unit 220 has a chair lift. Unit 120 has no wheel chair access or chair lift. Unit 130 has a chair lift . Unit 230 has no wheel chair access or chair lift. Each unit has its own mechanical and laundry room


Property Details

StyleApartment-Low-Rise (1-4)
View-
Age of property2018
SqFt~5593.00 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2170390
Community NameRiverside Meadows
Data SourcePILLAR 9
Listing byRoyal LePage Lifestyles Realty

Parking

Garage spaces -

Garage type -

Total parking spaces 5


2Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Dec 24, 2024
ListedActive
$1,350,000
137 days on market
history photo preview18
Listing by pillar 9®
Property listed by Royal LePage Lifestyles Realty, Brokerage
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Market Data - Riverside Meadows

Geo Zone Map ThumbnailRiverside Meadows

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

80 days

Compared to

2024

12 days

2023

16 days

New Listings

Past 30 days

1 listing

Compared to

2024

2 listings

2023

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$111,500

Compared to

2024

$80,000

2023

$184,000


Population and Demographics

Overview

Total population 2218
Average household income $71,569

Age (%)

0 to 19
24%
20 to 34
24%
35 to 49
22%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
47%
Single person
44%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
80%
Tagalog (Pilipino, Filipino)
6%
Spanish
4%
Others
3%
Arabic
2%
French
1%

House tenancy (%)

Renters
69%
Owners
31%

Schools and amenities

Estimated Budget