405, 4820 47 Avenue , Red Deer, Alberta

Condo For Sale in Red Deer, Alberta

$88,900

  • Property type Condo
    Property Type
  • Bedrooms 1
    Bedrooms
  • Bathrooms 2
    Bath
  • Garage 0
    Garage
  • Square feet 496
    Sq Ft
  • Year built 1977
    Year Built

Discover this hidden gem in historic Downtown Red Deer, just steps from Coronation Park, the Recreation Centre, and some of the best walking trails in the city. This inviting 4th-floor condo offers a peaceful retreat with spectacular east-facing views overlooking mature trees and parkland — a rare find at this price point! ( units are valued at approximately $5,000 per floor.) Inside, the home feels warm with light paint tones, creating a bright and welcoming ambiance. Enjoy your morning coffee or a relaxing afternoon tea and take in the views. The kitchen features crisp white cabinetry paired with an appliance package, offering a timeless and functional space. The primary bedroom is spacious, and the bathroom next to it. Two generously sized hallway closets provide excellent storage, complemented by an additional in-unit storage area, making organization effortless. This well-designed condo offers incredible convenience with a laundry room just down the hall and an elevator located across from the unit, making daily living simple and accessible. The building itself is well managed with a long-standing, reliable condo association and affordable condo fees $396.62 that include all utilities except for power and internet. Ample parking is available behind the building, with the option to rent an assigned powered stall for just $35/month. Those without a vehicle will love being within walking distance to downtown shops, services and the beautiful natural pathways along the creek. The recreational center is right next door - short walk - with an indoor and outdoor pool. This pet-friendly( some restrictions) building is also wonderfully suited for those considering rental income. On-site manager lives in the building — a huge advantage for investors looking for hands-off management and excellent building security. Whether you’re a busy professional, first-time buyer, downsizer, nature lover or someone looking for affordable home ownership, this condo delivers unbeatable value. A perfect choice for anyone seeking comfort, convenience and a budget-friendly lifestyle in the heart of Red Deer. Parking spot available for rent outside of the building. Please note photos of the unit inside were taken from another unit with the same layout.

Street Address: 405, 4820 47 Avenue
City: Red Deer
Province/State: Alberta
Postal Code: N/A
County/Parish: Red Deer
Subdivision: Parkvale
Country: Canada
Latitude: 52.26774020
Longitude: -113.80531970

MLS® Number: A2347601
Price: $88,900
Property Area: 496 Sq ft
Bedrooms: 1
Bathrooms Half: 0
Bathrooms Full: 2
Living Area: 496 Sq ft
Building Area: 0 Sq ft
Year Built: 1977
Listing Date: Sep 29, 2026
Garage Spaces: 0
Property Type: Residential
Property Subtype: Apartment
MLS Status: Active

Additional Details

Flooring: N/A
Construction: Concrete
Parking: Common,None,Off Street,Other,Outside,Parking Pad,See Remarks
Appliances: Electric Cooktop,Range,Refrigerator
Stories: N/A
Zoning: C-1
Fireplace: N/A
Amenities: Other,Park,Playground,Pool,Schools Nearby,Shopping Nearby,Sidewalks,Walking/Bike Paths

Utilities & Systems

Heating: Natural Gas,Zoned
Cooling: None

Property Type Residential
Building Type Apartment
Storeys 5
Square Footage 496 sqft
Community Name Parkvale
Subdivision Name Parkvale
Title Fee Simple
Land Size 0.00 acres
Built in 1977
Annual Property Taxes Contact listing agent
Parking Type Common

Bedrooms
Above Grade 1
Bathrooms
Total 2
Partial 0
Interior Features
Appliances Included Electric Cooktop, Range, Refrigerator
Flooring Laminate, Linoleum
Building Features
Features Laminate Counters
Style Attached
Construction Material Concrete
Building Amenities Elevator(s), Laundry, Parking
Structures None
Heating & Cooling
Cooling None
Heating Type Natural Gas, Zoned
Exterior Features
Exterior Finish Concrete
Neighbourhood Features
Community Features Other, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Pets Allowed Restrictions
Amenities Nearby Other, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Maintenance or Condo Information
Maintenance Fees $397 Monthly
Maintenance Fees Include Electricity, Heat, Insurance, Maintenance Grounds, Snow Removal, Water
Parking
Parking Type Common

Interior Size
Total Finished Area: 496 sq ft
Total Finished Area (Metric): 46.08 sq m
Main Level: 496 sq ft
Room Count
Bedrooms: 1
Bathrooms: 2
Full Bathrooms: 2
Rooms Above Grade: 2
Lot Information
Lot Size (Acres): 0.00 acres

  • Laminate Counters
  • None
  • Other
  • Storage
  • Electric Cooktop
  • Range
  • Refrigerator
  • Elevator(s)
  • Laundry
  • Parking
  • Park
  • Playground
  • Pool
  • Schools Nearby
  • Shopping Nearby
  • Sidewalks
  • Walking/Bike Paths
  • Concrete
  • Combination
  • Common
  • Off Street
  • Outside
  • Parking Pad
  • See Remarks
  • Accessible Elevator Installed
  • Accessible Stairway
  • Customized Wheelchair Accessible

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

Asha Chimiuk