101-306, 5812 57 Avenue, Red Deer

2026-11-03

101-306, 5812 57 Avenue, Red Deer, Alberta

8412 ft² 20 Garage
For Sale Multi-family
$2,378,300

MLS®#A2355988

INVESTORS! Take advantage of the strong rental market with a building that already has been strata titled (17 Individual titles) for future upside. This sharp looking well cared for 17 suite apartment building close to the Red Deer River has had many recent exterior upgrades, including Hardy Plank siding (2023), windows (2023), facia and soffits (2023), exterior LED lighting (2023). All suites have various had upgrades as needed. The suite mix is 9-1 bedroom, 4 2-bedroom and 4 Bachelor suites. Bachelor suites are same size as one bedrooms, just missing a wall. Servicing the tenants is a large laundry room with 2 Coin-o-Matic washers and 2 dryers, as well as a stocked library as they wait for the cycle. The rear parking pad is paved with 20 stalls, off street parking in the front of building is also available. Building has a pitched roof with asphalt shingles. Tenants all pay their power with the exception of one site that is on the common meter. Rents in the building are conservative and could be adjusted upward. (id:32467)

Building Multi-family
Rooms
Bedrooms
Bathrooms 0
Square Footage 8412 ft²
Built in 1980
Parking Type 20
Neighbourhood Red Deer

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q.
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q.
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

Learn more about the 1% Deal
Bhavya
Bhavya Soni

Associate

Opendreamdoorswithbhavya@gmail.com

7807070479

Support Area:
Edmonton,Beaumont,Fort Saskatchewan,Spruce Grove,Stony Plain,Sherwood Park,St Albert,Millet,Wetaskiwin,Calmar,Devon,Morinville,Westlock County,Red Deer,Rimbey,Athabasca,Leduc,Falun,Ponoka,Lacombe,Camrose,Thorby,Drayton Valley
Bhavya Soni is one of the top performing full-time agents of One Percent Realty. Her name has been published TWICE, first as #5 agent in the "TOP 10 AGENTS IN EDMONTON 2024" & #10 agent in the "TOP 10 AGENTS IN EDMONTON 2025" while being pregnant with her first child...
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