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# 318 5300 48 Street
Downtown Red Deer Red Deer T4N 7C5

$339,900
Residential beds: 2 baths: 2.0 1,123 sq. ft. built: 2002

Main Photo: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 1: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 2: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 3: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 4: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 5: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 6: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 7: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 8: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
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Photo 10: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 11: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 12: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
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Photo 17: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
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Photo 21: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 22: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 23: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 24: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 25: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Photo 26: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
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Photo 37: # 318 5300 48 Street in Red Deer: Downtown Red Deer Apartment for sale : MLS®# A2317490
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2317490
Bedrooms:
2
Bathrooms:
2
Year Built:
2002
Welcome to luxury adult living at its finest! This beautifully maintained condo offers the perfect blend of comfort, convenience, and community within one of Red Deer’s most sought-after adult living complexes complete with central airconditioning. From the moment you enter the impressive grand lobby, you'll be greeted by soaring ceilings, a stunning fireplace, elegant staircase, and a welcoming atmosphere that instantly feels like home. Designed for easy living, this spacious open-concept floor plan features upgraded hardwood flooring throughout the main living areas, creating a warm and inviting space for everyday enjoyment. The bright living room is highlighted by a cozy gas fireplace and large west-facing windows that fill the home with natural light and offer beautiful evening sunsets from your private covered balcony complete with a gasline for easy bbq cooking. The well-appointed kitchen is sure to impress with rich dark cabinetry, granite countertops, stainless steel appliances, abundant cupboard and drawer space, and a large corner pantry to keep everything organized. The spacious primary bedroom offers plenty of room to relax and features dual closets along with a private 3-piece ensuite complete with a full-size walk-in shower. A comfortable second bedroom provides the perfect space for visiting family and friends. You'll also appreciate the dedicated laundry room featuring side-by-side washer and dryer, extra storage cabinets, and space for a freezer. A full 4-piece main bathroom completes this thoughtfully designed unit. Enjoy year-round comfort with your heated underground parking stall, which also includes a secure enclosed storage locker for seasonal items and extra belongings. The Sierras of Heritage Village offers an exceptional collection of amenities designed to support an active and social lifestyle. Residents enjoy access to a heated indoor swimming pool, hot tub, fitness center, and craft room. The second level features a social lounge, games room with billiards tables, party room, full kitchen, and dance floor for community gatherings and events. The third floor includes a library and media room perfect for movie nights, while the fourth level offers two rooftop terraces complete with BBQs and comfortable patio seating. For visiting guests, two guest suites are available to rent separately. Ideally situated close to grocery stores, medical services, pharmacies, dental offices, restaurants, and entertainment, this prime location also places you directly across from the exciting Capstone development—Red Deer’s rapidly growing riverfront district and future hub for shopping, dining, recreation, and community events. If you've been searching for a vibrant, maintenance-free lifestyle without sacrificing comfort or amenities, this exceptional condo is the perfect place to call home.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Apartment-Multi Level Unit
Total Living Area:
1,123 sq. ft.
Condo Fee:
$661.72
Condo Fee Includes:
Common Area Maintenance, Electricity, Gas, Heat, Insurance, Parking, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
East
Unit Exposure:
West
Floor Location:
Other
Entry Level:
1
Stories Total:
4
Levels:
Multi Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
6
Year built:
2002 (Age: 24)
Bedrooms:
2 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
2.0 (Full:2, Half:0)
Plan:
0223651
Heating:
Baseboard
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
Low Rise (2-4 stories)
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Linoleum
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Gas
Garage:
No
Parking:
Parkade, Underground
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Unit
Condo Fee Frequency:
Monthly
Sierras of Heritage Village
Downtown Red Deer (Red Deer)
Elevator(s), Fitness Center, Guest Suite, Party Room, Pool, Storage, Visitor Parking, Workshop
Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer
Fridge, Stove, Dishwasher, Microwave, Window Coverings (including Rods & curtains), Washer & Dryer
Adult Living, Age Restriction - 55+, Pets Not Allowed
No
Floor
Type
Size
Other
Main Floor
Living Room
21'7" × 13'6"
Main Floor
Dining Room
11'11" × 6'6"
Main Floor
Foyer
9'4" × 6'7"
Main Floor
Bedroom - Primary
19'7" × 11'8"
Main Floor
Bedroom
13'11" × 10'2"
Main Floor
Laundry
8'1" × 6'6"
Main Floor
Kitchen
13'1" × 10'11"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Main Floor
Yes
3
Title to Land:
Fee Simple
Community Features:
Park, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Granite Counters, No Animal Home, No Smoking Home, Open Floorplan, Pantry
Exterior Features:
BBQ gas line
Patio And Porch Features:
Deck
Num. of Parcels:
0
Region:
Red Deer
Zoning:
DC(6)
Listed Date:
Jun 06, 2026
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Listed by 2 Percent Realty Advantage
Data was last updated June 13, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
350
Avg list price:
$439,700
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:
345
Avg price per sq.ft.:
$341.74
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.
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Jake Christensen
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.
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.