306, 5326 47 Avenue, Red Deer

$149,900

2 Beds
1 Baths
786 Sqft
0 Acres
0 Garages

Discover exceptional value in this top-floor, 2-bedroom condo located in the heart of downtown Red Deer—all for under $150,000. Whether you’re searching for the perfect starter home, downsizing, or a smart cash-flowing rental investment, this property checks every box.
Step inside to a bright, comfortable layout with an inviting living area, functional kitchen, and two well-sized bedrooms that offer flexibility for families, roommates, or a dedicated home office. Access to your spacious and private west facing balcony, and a covered underground garage are additional bonuses! Being on the top floor means extra privacy, peaceful living, and no noise from above, all within a quiet building on an equally quiet street.
The location is just minutes from transit routes, major employers, downtown shops, restaurants, parks, and everyday amenities. Commuting is simple and errands are effortless—making life easier for both homeowners and future tenants alike.
With affordable condo fees and an ideal price point, this property offers an incredible opportunity to build equity instead of paying rent. For investors, the strong demand in the area means you can easily generate rental income.
Whether you’re just entering homeownership or adding a reliable asset to your investment portfolio, this condo delivers comfort, convenience, and long-term potential.

Essential Information
MLS® #A2272526
Price$149,900
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage786
Acres0.00
Year Built1978
TypeResidential
Sub-TypeApartment
StyleSingle Level Unit
StatusActive
Community Information
Address306, 5326 47 Avenue
SubdivisionDowntown Red Deer
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal Codet4n3r2
Amenities
Parking Spaces1
ParkingParkade, Underground
Amenities

Elevator(s), Laundry, Secured Parking, Snow Removal, Storage

Interior
HeatingBaseboard, Fireplace(s)
CoolingWall Unit(s)
FireplaceYes
# of Fireplaces1
FireplacesGas, Living Room
# of Stories3
Interior Features

Ceiling Fan(s), Open Floorplan, Storage

Appliances

Dishwasher, Electric Range, Microwave Hood Fan, Refrigerator, Wall/Window Air Conditioner

Exterior
Exterior FeaturesBalcony, BBQ gas line
RoofAsphalt Shingle
ConstructionConcrete, Stucco, Wood Frame
Additional Information
ZoningR-H
Listing Details
OfficeManor Hill Realty YYC Inc.
LISTING MAP

Properties for Sale Similar to 306, 5326 47 Avenue, Red Deer, Alberta

Photo of Listing #A2271586

201, 5519 Kerry Wood Drive, Red Deer

$119,900 - 1 Beds, 1 Baths, 556 Sf

MLS® # A2271586

Royal LePage Network Realty Corp.
Photo of Listing #A2270097

101, 4814 46 Street, Red Deer

$139,000 - 2 Beds, 1 Baths, 860 Sf

MLS® # A2270097

Royal LePage Blue Sky
Photo of Listing #A2268661

256, 103 Hermary Street, Red Deer

$129,900 - 1 Beds, 2 Baths, 689 Sf

MLS® # A2268661

Royal LePage Network Realty Corp.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.