Featured Listings
114 2233 34 Avenue Southwest
$320,000
Welcome to elevated inner-city living in one of Calgary’s most sought-after communities. This bright and beautifully appointed 1 bedroom + den suite in Garrison Woods...
Grand Realty
450 34 Avenue Northwest
$638,800
Located in the heart of Highland Park, this beautifully maintained bungalow offers timeless character, strong income potential, and outstanding redevelopment value. Situated on a generous...
Grand Realty
Office Listings
4611 50 Street
Parkvale
Red Deer
T4N 2C2
$1,399,000
Multi-Family
8,488 sq. ft.
built: 1978
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2295424
- Year Built:
- 1978
- Photos (35)
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An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24-hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long-term investment or can sell individually in future. $250/unit/month condo fee currently. $9000/month is the rent income. We have tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities.
- Property Type:
- Multi-Family
- Property Sub Type:
- Row/Townhouse
- Transaction Type:
- For Sale
- Total Living Area:
- 8,488 sq. ft.789 m2
- Lot Area:
- 12,450 sq. ft.1,157 m2
- Levels:
- Two
- Year built:
- 1978 (Age: 48)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 9320094
- Structure Type:
- Other
- Ensuite:
- No
- Garage:
- No
- Parking Places:
- 8
- Parking Total/Covered:
- 8 / -
- Parkvale (Red Deer)
- Electric Stove, Refrigerator, Washer/Dryer
- N/A
- None Known
- Title to Land:
- Fee Simple
- Lot Features:
- Square Shaped Lot
- Num. of Parcels:
- 0
- Region:
- Red Deer
- Zoning:
- R-D
- Listed Date:
- Mar 21, 2026
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Listed by Grand Realty
Data was last updated March 26, 2026 at 02:05 PM (UTC)
- JEFFREY CHAN
- GRAND REALTY & MANAGEMENT LTD.
- 1 (403) 9185536
- Contact by Email
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.


