4217 50 Avenue - Main photo, Red Deer, Alberta

4217 50 Avenue - Photo 2 of 8, Red Deer, Alberta

4217 50 Avenue - Photo 3 of 8, Red Deer, Alberta

4217 50 Avenue - Photo 4 of 8, Red Deer, Alberta

4217 50 Avenue - Photo 5 of 8, Red Deer, Alberta

+3 photos

4217 50 Avenue - Photo 1 of 8, Red Deer, Alberta

1 / 8

$7,190,000

4217 50 Avenue — Red Deer, Alberta

T4N3Z4

37,000Sq Ft

2005Built

2Lot Sq Ft

About This Property

Red Deer Park Hill Inn & Suites is an 86-room, four-storey limited-service hotel on 1.78 acres along Gaetz Avenue. The building was originally completed in2005 as a Ramada but converted in 2011 into a Super 8 till 2024. Recently new owner upgraded throughout, the property offers strong brand-conversion potential (Sure stay Best Western brand, Ramada, Quality Inn and Super 8) and generated $1.73M in 2025 revenue. Its central location provides steady demand from highway traffic, industrial activity, and regional tourism. Future performance is expected to strengthen significantly with the Red Deer Regional Hospital Redevelopment and the expanding Red Deer Airport, both driving long-term increases in workers, medical travelers, and visitor traffic—positioning the hotel for higher occupancy and ADR growth.Renovation: carpet, painting ,new 55” TV, new door lock, new mattress, micro waive and washer & dryer etc . (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Building Area: 37,000 square feet
Living Area: 37,000 sqft
Above Grade Area: 37,000 sqft
Year Built: 2005
Status: Active

Location & Neighborhood

What's nearby 4217 50 Avenue

Nearby Schools

RDC Donald School of Buisness
public
0.7 km
Unnamed
public
0.7 km

Parks & Recreation

Unnamed
park
0.5 km
Unnamed
park
0.7 km
Unnamed
park
0.7 km

Transit Access

Southbound Gaetz Avenue @ 42 Street
Bus Stop
74m
Eastbound 42 Street @ 50A Avenue
Bus Stop
95m
Westbound 42 Street @ Gaetz Avenue
Bus Stop
0.1 km
Northbound 49 Avenue @ 43 Street
Bus Stop
0.2 km
Southbound 50A Avenue @ 42 Street
Bus Stop
0.3 km

Local Amenities

Coffee & Cafes

Starbucks0.2 km
Black Label Coffee House0.4 km

Dining

Asia0.3 km
Shiso Japanese Restaurant0.3 km

Grocery

SuperValu0.7 km

POI data updated recently

Red Deer Market Snapshot

323

Active Listings

$417K

Median Price

Avg Days on Market

Last updated: Feb 18, 2026

Keep Browsing

All Red Deer Homes

Browse all listings

Detacheds in Red Deer

Similar property type

Explore Red Deer

All Red Deer

Browse all properties

Red Deer Articles Market Insights

Similar Properties You Might Like

Listed by

MaxWell Canyon Creek

The data relating to real estate on this website comes in part from the MLS® Reciprocity program.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code.

The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

$7,190,000