PROPERTY CAN BE SOLD WITH 3502 51 AVE AND 3508 51 AVE AS MULTI FAMILY REDEVELOPMENT SITE. Excellent opportunity for first time buyers, investors, and developers as this property offers R-M zoning which allows for future multi family redevelopment. This older but well maintained home has seen some minor renovations including an updated kitchen and newer high efficient furnace. Offering 2 bedrooms on the main floor, with a 3rd bedroom in the basement with its own 2 pce bathroom, and a huge rec room space, this could be a great family home or an excellent rental property. There is a single detached garage at the back and the lot is fully fenced with a large yard.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Bungalow
Total Living Area:
785 sq. ft.72.9 m2
Main Level Finished Area:
785 sq. ft.72.9 m2
Below Grade Finished Area:
733 sq. ft.68.1 m2
Acreage:
No
Lot Area:
5,665 sq. ft.526 m2
Lot Frontage:
47'1"14.3 m
Front Exposure:
East
Unit Exposure:
East, West
Levels:
One
Total Rooms Above Grade:
4
Year built:
1955
(Age: 71)
Bedrooms:
3
(Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0
(Full:1, Half:1)
Plan:
8324ET
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, None
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Concrete, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Vinyl
Cooling:
None
Fireplaces:
0
Garage:
No
Garage Spaces:
1
Parking:
Alley Access, Garage Faces Side, Off Street, On Street, Parking Pad
Parking Places:
3
Parking Total/Covered:
3 /
-
Laundry Features:
In Basement
South Hill (Red Deer)
Refrigerator, Stove(s), Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
18'8"5.69 m × 11'8"3.56 m
Main Floor
Kitchen
11'7"3.53 m × 9'11"3.02 m
Main Floor
Bedroom
11'8"3.56 m × 10'2"3.10 m
Main Floor
Bedroom - Primary
12'9"3.89 m × 10'2"3.10 m
Basement
Game Room
28'4"8.64 m × 11'1"3.38 m
Basement
Bedroom
15'4.57 m × 11'2"3.40 m
Basement
Laundry
15'1"4.60 m × 11'2"3.40 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 6'9"
Basement
Yes
1
3'7" x 2'9"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Laminate Counters, Separate Entrance, Storage
Data was last updated June 20, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
368
Avg list price:
$439,900
Min list price:
$93,000
Max list price:
$4,750,000
Avg days on market:
31
Min days on market:
1
Max days on market:
352
Avg price per sq.ft.:
$347.76
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.