Jeffery Chan

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  • 4611 50 Street: Red Deer Row/Townhouse for sale : MLS®# A2258892

    4611 50 Street Red Deer Red Deer T4N 2C2
    Main Photo: 4611 50 Street: Red Deer Row/Townhouse for sale : MLS®# A2258892

    4611 50 Street Red Deer T4N 2C2 Red Deer

    $1,599,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2258892
    Floor Area:
    8,488 sq. ft.
    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. $8150/month is the rent income. We have some tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities. More details
    Listed by Grand Realty
    LISTING DETAILS
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Data was last updated October 18, 2025 at 10:05 PM (UTC)
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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.
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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.