4611 50 Street - Main photo, Red Deer, Alberta

4611 50 Street - Photo 2 of 33, Red Deer, Alberta

4611 50 Street - Photo 3 of 33, Red Deer, Alberta

4611 50 Street - Photo 4 of 33, Red Deer, Alberta

4611 50 Street - Photo 5 of 33, Red Deer, Alberta

+28 photos

4611 50 Street - Photo 1 of 33, Red Deer, Alberta

1 / 33

$1,399,000

4611 50 Street — Red Deer, Alberta

T4N2C2

8,488Sq Ft

8Parking

1978Built

12,450Lot Sq Ft

About This Property

An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24-hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long-term investment or can sell individually in future. $250/unit/month condo fee currently. $9000/month is the rent income. We have tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities. (id:63357)

Property Location

Property Details

Property Type: Detached
Living Area: 8,488 sqft
Above Grade Area: 8,488 sqft
Year Built: 1978
Stories: 2.0
Status: Active

Location & Neighborhood

What's nearby 4611 50 Street

Local Amenities

Dining

Murph's0.2 km
Lucky0.4 km

Pharmacy

Rexall0.5 km
I.D.A.0.6 km

Banking

ATB Financial0.6 km
Servus Credit Union0.6 km

POI data updated 3/23/2026

Red Deer Market Snapshot

401

Active Listings

$400K

Median Price

Avg Days on Market

Last updated: Mar 23, 2026

Keep Browsing

All Red Deer Homes

Browse all listings

Detacheds in Red Deer

Similar property type

Under $1.5M

Similar price range

Explore Red Deer

All Red Deer

Browse all properties

Red Deer Articles Market Insights

Listed by

Grand Realty

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.