$299,900
5946 51 Avenue
Vermilion, Alberta
4bed3bath1,140sqft
Alberta
Vermilion Real Estate
Browse homes for sale in Vermilion • Median $265,000
$265,000Median Price
30Avg Days on Market
21Detached4Other4Commercial2Condo
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About Vermilion Real Estate
Vermilion, Alberta, is a charming city located in the heart of east-central Alberta. Established in 1906, this vibrant community has a rich agricultural history and is known for its friendly small-town atmosphere. The city is surrounded by picturesque landscapes, including the Vermilion River, which enhances the natural beauty of the area. What sets Vermilion apart is its strong commitment to preserving its heritage while embracing modernity. The downtown area features a blend of historic buildings and contemporary shops, offering a unique shopping experience that resonates with both locals and visitors alike.
Vermilion boasts a diverse character that appeals to a wide range of residents. The city is home to several cultural institutions, including the Vermilion Heritage Museum, which showcases the region's history and offers a glimpse into the past. Local events such as the Vermilion Agricultural Fair and the annual Summer Celebration unite the community and foster a sense of belonging. The presence of Lakeland College adds an educational dimension to the city, attracting students and creating a youthful energy that invigorates the local culture.
Families find Vermilion particularly appealing due to its excellent schools, parks, and recreational facilities. The city prioritizes community wellness with ample green spaces, including the beautiful Vermilion Provincial Park, where residents can enjoy outdoor activities year-round. As a family-friendly environment, Vermilion offers safe neighborhoods, making it an ideal place for raising children. Additionally, retirees are drawn to the slower pace of life and the close-knit community feel that Vermilion provides, making it a haven for those looking to enjoy their golden years in comfort and tranquility.
22 active listings with a median price of $277,450.
Lifestyle & Community
Living in Vermilion offers a balanced lifestyle that combines the serenity of small-town living with a vibrant community spirit. Residents enjoy various local events throughout the year, fostering connections among neighbors and camaraderie within the community. The vibe is warm and welcoming, with friendly faces and a strong sense of belonging. The city hosts events such as the annual Vermilion Rodeo and Winter Festival, celebrating local culture and traditions, while the local arts scene flourishes with galleries and performances that showcase the talents of residents. Community members actively participate in numerous recreational activities, from hiking and biking along scenic trails to engaging in team sports at local facilities. The presence of the Vermilion River adds to the charm, offering opportunities for fishing and kayaking. Overall, the lifestyle in Vermilion is characterized by a strong emphasis on community engagement, outdoor activities, and a rich appreciation for local culture.
Local Amenities
- Vermilion Health Centre
- Lakeland College
- Vermilion Heritage Museum
- Vermilion Provincial Park
- Public Library
- Community Centre
- Sports facilities (hockey rink, soccer fields)
- Grocery stores (Co-op, IGA)
- Local cafes and restaurants
- Art galleries
- Parks and playgrounds
- Shopping boutiques
Points of Interest
- Vermilion Provincial Park
- Vermilion Heritage Museum
- Lakeland College
- Vermilion Golf Club
- The Local Farmers' Market
- Vermilion Agri-Ed Centre
- The Historic Downtown District
- Vermilion River
- The Annual Rodeo
- The Winter Festival
Market Overview
The real estate market in Vermilion is currently quite active, with 22 listings available and a median listing price of $277,450. This reflects a stable market where buyers can find affordable housing options compared to larger urban centers in Alberta. The demand for homes in Vermilion is relatively steady, with first-time buyers and families looking to take advantage of the city's amenities and community-oriented lifestyle. As of late 2023, prospective buyers can expect a variety of property types, from single-family homes to townhouses, catering to different preferences and budgets.
Investment Outlook
Vermilion presents a promising investment opportunity, particularly for those interested in rental properties and long-term growth. With a steady influx of students from Lakeland College and a growing population, there is a consistent demand for rental housing. Additionally, the city's focus on community development and infrastructure improvements enhances its appeal for future investments. As the market continues to stabilize, investors can expect a favorable environment for property appreciation over the coming years.
Ideal For
Vermilion is ideal for first-time buyers seeking affordable housing, families wanting a close-knit community, and retirees looking for a peaceful lifestyle. Additionally, investors will find opportunities in the rental market due to the presence of Lakeland College and growing demand for housing. With its unique blend of amenities and community spirit, Vermilion appeals to a wide range of potential buyers.
Nearby Cities
Living in Vermilion
Lifestyle
Living in Vermilion offers a balanced lifestyle that combines the serenity of small-town living with a vibrant community spirit. Residents enjoy various local events throughout the year, fostering connections among neighbors and camaraderie within the community. The vibe is warm and welcoming, with friendly faces and a strong sense of belonging. The city hosts events such as the annual Vermilion Rodeo and Winter Festival, celebrating local culture and traditions, while the local arts scene flourishes with galleries and performances that showcase the talents of residents. Community members actively participate in numerous recreational activities, from hiking and biking along scenic trails to engaging in team sports at local facilities. The presence of the Vermilion River adds to the charm, offering opportunities for fishing and kayaking. Overall, the lifestyle in Vermilion is characterized by a strong emphasis on community engagement, outdoor activities, and a rich appreciation for local culture.
Local Amenities
Vermilion Health CentreLakeland CollegeVermilion Heritage MuseumVermilion Provincial ParkPublic LibraryCommunity CentreSports facilities (hockey rink, soccer fields)Grocery stores (Co-op, IGA)Local cafes and restaurantsArt galleriesParks and playgroundsShopping boutiques
Market Insights
The real estate market in Vermilion is currently quite active, with 22 listings available and a median listing price of $277,450. This reflects a stable market where buyers can find affordable housing options compared to larger urban centers in Alberta. The demand for homes in Vermilion is relatively steady, with first-time buyers and families looking to take advantage of the city's amenities and community-oriented lifestyle. As of late 2023, prospective buyers can expect a variety of property types, from single-family homes to townhouses, catering to different preferences and budgets.
Investment Potential
Vermilion presents a promising investment opportunity, particularly for those interested in rental properties and long-term growth. With a steady influx of students from Lakeland College and a growing population, there is a consistent demand for rental housing. Additionally, the city's focus on community development and infrastructure improvements enhances its appeal for future investments. As the market continues to stabilize, investors can expect a favorable environment for property appreciation over the coming years.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
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$200K – $400K
14
$600K – $800K
1
$800K – $1.0M
2
$1.0M – $1.5M
1
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Frequently Asked Questions About Vermilion
There are currently 28 active residential listings in Vermilion. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.