5553 45 Avenue , Red Deer

Great opportunity for the savvy investor! This well-maintained building features six 2-bedroom suites. Live in one suite while generating income from the others, or rent out all six units for strong cash flow.

The roof was redone in 2010 with durable 2-ply torch-on roofing. Ideally located in an easily accessible neighborhood close to schools and just minutes from downtown, making for a convenient commute.

Numerous building and unit upgrades have been completed over the years, including a hot water tank (2023) and boiler (2025). A solid investment opportunity you won’t want to miss!