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5817 53 Avenue, Red Deer, AB, T4N 4L4

MLS® # A2273129
new listing
Investment For Sale In Riverside Meadows, Red Deer, Alberta
$550,000
5817 53 Avenue, Red Deer, AB - Outdoor
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Kitchen
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Kitchen
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Living Room
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Bathroom
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Bedroom
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Bedroom
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Laundry Room
5817 53 Avenue, Red Deer, AB - Outdoor
5817 53 Avenue, Red Deer, AB - Outdoor
5817 53 Avenue, Red Deer, AB - Outdoor
5817 53 Avenue, Red Deer, AB - With View
5817 53 Avenue, Red Deer, AB - Outdoor
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Kitchen
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Kitchen
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Living Room
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Bathroom
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Bedroom
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Bedroom
5817 53 Avenue, Red Deer, AB - Indoor Photo Showing Laundry Room
5817 53 Avenue, Red Deer, AB - Outdoor
5817 53 Avenue, Red Deer, AB - Outdoor
5817 53 Avenue, Red Deer, AB - Outdoor
5817 53 Avenue, Red Deer, AB - With View
  • Advertising
5817 53 Avenue, Red Deer, AB, T4N 4L4
$550,000

Property Information:

Situated just steps from the Red Deer River and in an up and coming area surrounded by newer development, this fully rented 4 plex is a great addition to any rental portfolio. The common areas and 3 of the 4 suites have been fully or nearly fully renovated including vinyl plank flooring, updated kitchens (3 suites) and bathrooms (2 suites), newer appliances, updated balconies, and newer windows and doors throughout the building. There are three 2 bedroom suites and one 1 bedroom suite, along with coin operated laundry and a central boiler that provides hot water heat to all suites and common areas. The boiler system is approximately 10 years old and is regularly serviced and there's a new hot water tank. Building offers a stucco exterior, concrete foundation, updated shingles, and lots of parking for tenants.

Inclusions: Fridge x4, Stove x4, Coin Operated Washer & Dryer

Building Features:

  • Total Finished Area: 1757.00

Property Features:

  • Built in: 1978
  • Construction Materials: Stucco, Wood Frame
  • Exterior Features: Private Entrance
  • Floor Space (approx): 1757.00 Square Feet
  • Flooring: Carpet, Linoleum, Vinyl
  • Heating: Boiler, Natural Gas
  • Interior Features: Ceiling Fan(s), Closet Organizers, Laminate Counters, Separate Entrance
  • Roof: Asphalt Shingle
  • Zoning: DC (13)
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX real estate central alberta

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

All Properties

7.81%

Price change (1 year)

28.15%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5817 53 Avenue, Red Deer, AB, T4N 4L4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 5817 53 Avenue , experiences 7 hot days per year at around 28.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 32.7 degrees Celsius.

Projected Avg. Temperature

Past
28.9℃
2050
32.7℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 5817 53 Avenue , experiences 10 significant 2-day storms per year, with about 207.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 219.3mm of precipitation per year.

Precipitation Per Storm

Past
207.2mm
2050
219.3mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5817 53 Avenue, Red Deer, AB, T4N 4L4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,216.33

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.44 %

High school certificate or equivalent

35.78 %

Apprenticeship trade certificate/diploma

6.94 %

College/non-university certificate

22.56 %

University certificate (below bachelor)

0.26 %

University Degree

9.02 %

Commuter

Travel To Work

By Car

82.2 %

By Public Transit

6.35 %

By Walking

10.91 %

By Bicycle

0.54 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.44 %

Houses

19.56 %

Own Vs. Rent

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