For Sale · Red Deer · Other

$449,900

1, 5116 52 Street, Red Deer

1,996

Sq Ft

1994

Built

About This Home

The details.

Discover a prime commercial condo located in the heart of downtown Red Deer. Centrally positioned this 2-storey unit provides excellent visibility and easy access for clients and staff. This unit features 1,904 sq ft on the ground floor and 713 sq ft on the second floor. The large reception area features a built-in desk and plenty of natural light to greet your clients. There are 2 large open areas, 6 separate office/storage spaces, a washroom and staff area on the main floor. Up top, is a washroom, laundry room with shower and 2 separate offices. Plenty of space to be reconfigured to accommodate your business’s unique needs. Come and view it today! (id:66635)

Summarizing the highlights...

MLS® A2292591Listing courtesy of RE/MAX real estate central albertaView on map Street view

Property Details

Facts & features.

Property type: Other
Ownership: Condominium/Strata
Year built: 1994
Size: 1,996 sqft
Lot size: 1,996 square feet
Listed on: 2026-03-11
Days on market: 126
MLS number: A2292591
Data source: Central Alberta REALTORS® Association

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$2,104

$359,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,104

Cash flow

-$2,104

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Red Deer right now

209

Active listings

222

New this week

$435,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Red Deer.

Household and demographic stats for Red Deer, from the Statistics Canada 2021 Census.

100,844
Population (2021): 38.8
Median age: 40,510
Households: 2.4
Avg household size: 64.8%
Home ownership: $85,000
Median household income

Red Deer market trends

Source: Statistics Canada 2021 Census, Red Deer, City, Alberta.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Central Middle School
public · elementary
490 m
Red Deer Regional Hospital Education Program
public · k12
580 m
Escuela Vista Grande
public · elementary
580 m
St. John Paul II Catholic Outreach School
catholic · k12
730 m
St. Gabriel Online Summer School
catholic · secondary
730 m
St. Gabriel Online School
catholic · secondary
730 m

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.