5126 37 Street - Main photo, Red Deer, Alberta

5126 37 Street - Photo 2 of 3, Red Deer, Alberta

5126 37 Street - Photo 3 of 3, Red Deer, Alberta

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$269,900

5126 37 Street — Red Deer, Alberta

T4N0V8

2Beds

1Baths

787Sq Ft

2Parking

1951Built

547Lot Sq Ft

About This Property

MULTI FAMILY DEVELOPMENT SITE! This home is being sold as part of a block of 4 lots offering approximately 0.70 acres and R-M zoning for a multi-family redevelopment. Situated just one block from the Red Deer Hospital with easy access to downtown and the amenities of Red Deer’s South end. The existing home has been beautifully renovated on the main floor with laminate flooring, some newer windows, a fully renovated 4 pce bathroom, new kitchen, updated deck, a newer furnace, and newer hot water tank. Property is currently rented for $1495/mo with tenants paying utilities and is on a month to month contract. This property is being offered as part of a 4 lot package along with 3 other adjacent properties (MLS# A2304634, A2304622, and A2304621). (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Bedrooms: 2
Bathrooms: 1
Half Baths: 0
Living Area: 787 sqft
Above Grade Area: 787 sqft
Year Built: 1951
Stories: 1.0
Status: Active

Location & Neighborhood

What's nearby 5126 37 Street

Nearby Schools

Unnamed School
elementary
0.5 km
Ecole La Prairie
elementary
0.6 km
West Park Elementary School
elementary
0.7 km

Transit Access

Eastbound 39 Street @ 52 Avenue
Bus Stop
0.2 km
Westbound 39 Street @ 52 Avenue
Bus Stop
0.2 km
South Gaetz Avenue @ 37 Street
Bus Stop
0.2 km
Northbound 50A Avenue @ 39 Street
Bus Stop
0.2 km
Southbound 50A Avenue @ 42 Street
Bus Stop
0.3 km

Local Amenities

Dining

Addy's Middle Eastern Cuisine0.2 km
It's All Greek To Me0.3 km

Grocery

SuperValu0.3 km
Safeway0.6 km

Pharmacy

Gaetz Avenue IDA Pharmacy0.4 km

Coffee & Cafes

Stems Flowers & Cafe0.5 km
Starbucks0.7 km

POI data updated 4/30/2026

Red Deer Market Snapshot

377

Active Listings

$425K

Median Price

Avg Days on Market

Last updated: Apr 29, 2026

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$269,900