101-304, 5011 39 Street, Red Deer

2026-01-11
 

Quick Summary

Location
101-304, 5011 39 Street, Red Deer, Alberta T4N0Z6
Price
$2,520,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
8952 sqft
Year of Construction:
1968

MLS®#A2278446

Property Description

18 suite apartment building adjacent to the Red Deer Regional Hospital which is currently undergoing a $1 billion expansion that will provide 3,000 direct jobs. Suite mix is 3 - 2br, 14 1br and 1 bachelor (which has just become vacant and is being renovated). New shingles and exterior concrete work completed in 2025. Some new windows. Newer boiler and hot water tank. RPR has been ordered. This building is one of four buildings offered by the same owner and can be purchased individually or as a package. The other buildings are located at 4920-47 St (24 suites), 4744 - 54 St (24 suites) and 4721 - 55 St (40 suites). Building condition reports and current proformas available for all buildings. (id:32467)

Property Features

Building

  • Construction Style: Attached
  • Exterior Finish: Brick, Stucco
  • Fireplace: No
  • Interior Size: 8952 sqft
  • Building Type: Apartment
  • Stories: 3

Land

  • Land Size: 15575 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)

Ownership

  • Type: Freehold

Zoning

  • Description: R-M

Information entered by RE/MAX real estate central alberta
Listing information last updated on: 2026-01-11 16:35:53


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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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