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1-16-4750 55 Street, Red Deer, AB, T4N 2J1

MLS® # A2179270
House For Sale In Downtown, Red Deer, Alberta
$1,360,000 QuickQuoteTM: Not Available
1-16-4750 55 Street, Red Deer, AB - Outdoor With Facade
1-16-4750 55 Street, Red Deer, AB - Outdoor With Facade
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Kitchen
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Kitchen
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Bathroom
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Kitchen
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Bathroom
1-16-4750 55 Street, Red Deer, AB - Outdoor
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Laundry Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Basement
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Basement
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
Virtual Tour
1-16-4750 55 Street, Red Deer, AB - Outdoor With Facade
1-16-4750 55 Street, Red Deer, AB - Outdoor With Facade
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Kitchen
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Kitchen
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Bathroom
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Kitchen
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Bathroom
1-16-4750 55 Street, Red Deer, AB - Outdoor
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Laundry Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Basement
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Basement
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
1-16-4750 55 Street, Red Deer, AB - Indoor Photo Showing Other Room
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ACTIVE
1-16-4750 55 Street, Red Deer, AB, T4N 2J1
$1,360,000

Property Information:

If you’re looking for an income generating property with potential for further growth- this is it! 15 suite apartment building currently sitting at 73% occupancy. This building consists of 13 - 1 bedroom + 1 bath suites and 2 bachelor + 1 bath suites. 4 units are vacant. Some of the units have been updated with newer flooring. New hot water tank. Building has a zero lot line and a parking stall with 19 spaces. Current gross income is at $10,320 with room for growth. Several long term tenants.

Inclusions: Refrigerator x 15, Stove x 15, Washer, Dryer

Building Features:

  • Total Finished Area: 7342.25

Property Features:

  • Architectural Style: Low-Rise(1-4)
  • Built in: 1963
  • Cooling: None
  • Exterior Features: None
  • Floor Space (approx): 7342.25 Square Feet
  • Flooring: Carpet, Linoleum
  • Heating: Baseboard, Boiler, Hot Water
  • Lot Size: 10000.00 Square Feet
  • Parking Features: Alley Access, Paved, Stall
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Zoning: R3
  • Sewer: Public Sewer
  • No. of Parking Spaces: 19

Courtesy of: Century 21 Maximum

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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Location of 1-16-4750 55 Street, Red Deer, AB, T4N 2J1

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, 1-16-4750 55 Street , 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, 1-16-4750 55 Street , 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 1-16-4750 55 Street, Red Deer, AB, T4N 2J1

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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