3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB, T4N 3S3

Townhouse For Sale In South Hill, Red Deer, Alberta

$999,500 QuickQuote^TM: Not Available

0+2 Beds

2 Baths

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3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Outdoor With Deck Patio Veranda With Exterior

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Outdoor

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Outdoor With Exterior

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor Photo Showing Other Room

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor Photo Showing Dining Room

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor Photo Showing Kitchen

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor Photo Showing Bathroom

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor Photo Showing Living Room

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor Photo Showing Bedroom

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Indoor Photo Showing Office

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Outdoor With Deck Patio Veranda

3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB - Other

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3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB, T4N 3S3

$999,500

0+2 Beds

2 Baths

Property Information:

A great start or addition to your investment portfolio, 5 individually titled townhouse condominiums. Rare to find such an attractive unique complex that has a great location on the south side across from the park and trail system with a view from every unit. Complex sits on 11,600 Sq ft lot with fenced off street paved parking with 2 stalls for each unit. Well maintained, upgraded vinyl fencing, upgraded decks and aluminum railings. New shingled installed 2024. Each unit offers open kitchen and dining area and 2 Pc bath on the main, lower level has 2 bedrooms, storage room, 4 Pc bath room and mechanical room, approx. 977 Sq ft finished per unit. Has great potential to generate 70,,000 per yr gross income and produce an attractive cap rate, and even greater if you want to maintain yourself. Each unit has individual billing for gas and power. Water sewer and garbage are billed to the complex. Note these are presently mainly owner occupied, no rent roll.

Inclusions: N/A

Building Features:

Total Finished Area: 2114.00

Property Features:

Bedrooms: 0+2
Bathrooms: 1+1
Architectural Style: Bi-Level
Association Fee Includes: Common Area Maintenance, Insurance, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Built in: 1994
Condo Fees: $340 Monthly
Construction Materials: Vinyl Siding, Wood Frame
Cooling: None
Exterior Features: Private Entrance
Floor Space (approx): 2114.00 Square Feet
Flooring: Carpet, Linoleum, Vinyl
Foundation Details: Wood
Heating: Forced Air
Interior Features: Sump Pump(s)
Levels: One
Parking Features: Off Street, Parking Pad
Roof: Asphalt Shingle
Zoning: R2
No. of Parking Spaces: 8

Courtesy of: RE/MAX real estate central alberta

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 3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB, T4N 3S3

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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, 3500,3502,3504,3506,3508 48 Ave Avenue , 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

2050

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, 3500,3502,3504,3506,3508 48 Ave Avenue , 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

2050

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 3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB, T4N 3S3

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$63,297.95

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.77 %

High school certificate or equivalent

31.97 %

Apprenticeship trade certificate/diploma

9.4 %

College/non-university certificate

21.39 %

University certificate (below bachelor)

0.05 %

University Degree

9.42 %

Commuter

Travel To Work

By Car

76.38 %

By Public Transit

5.3 %

By Walking

18.29 %

By Bicycle

0.03 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

81.69 %

Houses

18.31 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Location of 3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB, T4N 3S3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 3500,3502,3504,3506,3508 48 Ave Avenue, Red Deer, AB, T4N 3S3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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