3430 49 Avenue , Red Deer, Alberta

Commercial For Sale in Red Deer, Alberta

$5,500,000

  • Property type Commercial
    Property Type
  • Bedrooms 0
    Bedrooms
  • Bathrooms 0
    Bath
  • Garage 0
    Garage
  • Square feet 9,505
    Sq Ft
  • Year built 2014
    Year Built

Walker House is a well-maintained 24-unit multifamily property located at 3430 49 Avenue in Red Deer, within walking distance of shopping, restaurants, transit, parks and trails. Built in 2016, the property consists of 18 two-bedroom units, 3 two-bedroom + den units and 3 one-bedroom units, with no suites located at or below ground level. Each suite features its own furnace, hot water tank, A/C, in-suite laundry, dishwasher, private balcony and separately metered gas and electricity paid by the tenant. The building is serviced by an elevator and sprinkler system and includes 25 heated underground parking stalls plus 15 powered surface stalls. The property has been exceptionally well maintained with no significant outstanding capital improvements required and benefits from a stable, long-term tenant base. Current rents are below market, providing a purchaser with a strong opportunity to increase revenue and NOI within a newer, low-maintenance asset.

Street Address: 3430 49 Avenue
City: Red Deer
Province/State: Alberta
Postal Code: N/A
County/Parish: Red Deer
Subdivision: South Hill
Country: Canada
Latitude: 52.25516246
Longitude: -113.81255617

MLS® Number: A2336874
Price: $5,500,000
Property Area: 0 Sq ft
Bedrooms: 0
Bathrooms Half: 0
Bathrooms Full: 0
Living Area: 0 Sq ft
Building Area: 9,505 Sq ft
Year Built: 2014
Listing Date: Aug 12, 2026
Garage Spaces: 0
Property Type: Commercial
Property Subtype: Multi Family
MLS Status: Active

Additional Details

Flooring: N/A
Construction: N/A
Parking: N/A
Appliances: N/A
Stories: N/A
Zoning: R-M
Fireplace: N/A
Amenities: N/A

Utilities & Systems

Heating: Forced Air,Natural Gas
Cooling: Central Air

Property Type Commercial
Building Type Multi Family
Community Name South Hill
Subdivision Name South Hill
Title Freehold
Land Size 18,406 sqft
Built in 2014
Annual Property Taxes Contact listing agent
Parking Type N/A

Heating & Cooling
Cooling Central Air
Heating Type Forced Air, Natural Gas

Interior Size
Total Building Area: 9,505 sq ft
Room Count
Lot Information
Lot Size: 18,406 sq ft
Lot Size (Acres): 0.42 acres

  • Poured Concrete

Floor plan information is not available for this property.

Monthly Payment Breakdown
Principal & Interest: $0
Property Tax: $0
Home Insurance: $0
HOA Fees: $0
PMI: $0

Total Monthly Payment: $0
Chart Mortgage:

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REALTOR® Details

Tyler Remington