Dean Leischner

(587) 899-3535

CIR Realty

403-358-3883

5553 45 Avenue
Red Deer , Alberta t4n1l2

Disclaimer - It is your responsibility to perform the appropriate due diligence to verify information provided by users or third parties on this website or in subsequent interactions. For more information see our website’s Terms of Use.

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.

5553 45 Avenue For Sale

$919,000

Red Deer, Alberta

Transaction Type

For Sale

Zoning

R-M

Year Built

1960

Property Type

Commercial

Building Area (Sq. Ft.)

5090.00

Lot Size (Sq. Ft.)

11200

Listing ID: 34557

MLS ID: A2296157

Summary
Details

Great opportunity for the savvy investor! This well-maintained building features six 2-bedroom suites. Live in one suite while generating income from the others, or rent out all six units for strong cash flow. The roof was redone in 2010 with durable 2-ply torch-on roofing. Ideally located in an easily accessible neighborhood close to schools and just minutes from downtown, making for a convenient commute. Numerous building and unit upgrades have been completed over the years, including a hot water tank (2023) and boiler (2025). A solid investment opportunity you won’t want to miss!

Transaction Type
For Sale

Zoning
R-M

Subdivision
Waskasoo

Year Built
1960

Structure Type
Low Rise (2-4 stories)

Property Type
Commercial

Property Sub Type
Multi Family

Legal Plan
955MC

Building Area (Sq. Ft.)
5090.00

Building Area (Sq. M.)
472.87

Lot Size (Sq. Ft.)
11200

Lot Size (Acres)
0.26