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For Sale · Red Deer

$289,900

3506 51 Avenue, Red Deer

Tour this home

Bedrooms

2 (1 half)

Bathrooms

785

Size

1955

Year built

About This Home

The details.

Situated just steps from the Red Deer Hospital and close to shopping, restaurants, and groceries, this large 47' x 120' lot is zoned R-M, which permits multi-family development. The existing home is currently rented for $1,500/mo with the tenants paying all utilities. This older but well-maintained home has seen minor renovations including an updated kitchen and a newer high-efficiency furnace. It offers 2 bedrooms...

Summarizing the highlights...

MLS® A2315477Listing courtesy of RE/MAX real estate central albertaView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1955
Size: 785 sqft
Lot size: 526.37 square meters
Storeys: 1
Parking: 3 spaces
Listed on: 2026-06-16
Days on market: 32
MLS number: A2315477
Data source: Central Alberta REALTORS® Association

Market intelligence

Statistics and history.

Days on market

Red Deer median asking

$440K

253 active listings

Price per sqft

$369

Based on 785 sqft interior

Where this price sits in Red Deer

$160KThis listing$839K

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$1,356

$231,920 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)

$1,356

Cash flow

-$1,356

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

Red Deer right now

253

Active listings

253

New this week

$439,900

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

The immediate block around this home (right here): about 731 residents in 544 homes, 2,377 people/km² (urban).

Source: Statistics Canada 2021 Census, Red Deer, City, Alberta; block-level figures from dissemination area 48080145.

Schools

Nearby schools

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

no score data
École La Prairie
370 m
francophone · k12
no score data
Westpark Middle School
690 m
public · elementary
no score data
West Park Elementary School
750 m
public · elementary
no score data
St. Martin De Porres School
1.1 km
catholic · elementary

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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.