4611 50 Street, Red Deer

2025-09-26
 

Quick Summary

Location
4611 50 Street, Red Deer, Alberta T4N2C2
Price
$1,599,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
8488 sqft
Year of Construction:
1978

MLS®#A2258892

Property Description

An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24 hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long term investment or can sell individually in future. $250/unit/month condo fee. $40,000 reserve funds. (id:32467)

Property Features

Building

  • Appliances: Refrigerator, Stove, Washer & Dryer
  • Construction Style: Attached
  • Fireplace: No
  • Interior Size: 8488 sqft
  • Building Type: Multi-Family
  • Stories: 2

Land

  • Land Size: 12450 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)

Ownership

  • Type: Freehold

Zoning

  • Description: R-D

Information entered by Grand Realty
Listing information last updated on: 2025-09-26 03:16:56


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Bhavya Soni Associate

Phone:
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Email:
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Support Area:
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