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501-5002 55th Street, Red Deer, AB, T4N 7A4

MLS® # A2147434
Condo For Sale In Railyards, Red Deer, Alberta
$2,200,000 QuickQuoteTM: Not Available

2+0 Beds

3 Baths

501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Other Room
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen With Upgraded Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen With Upgraded Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen With Upgraded Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Other Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Dining Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Dining Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Dining Room
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room With Fireplace
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Other Room
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Other Room With Fireplace
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom With Fireplace
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom With Fireplace
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bathroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bathroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bathroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bathroom
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor With Storage
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Office
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Laundry Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Gym Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Gym Room
501-5002 55Th Street, Red Deer, AB - Outdoor With View With Exterior
501-5002 55Th Street, Red Deer, AB - Outdoor With Exterior
501-5002 55Th Street, Red Deer, AB - Outdoor
501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Other Room
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen With Upgraded Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen With Upgraded Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Kitchen With Upgraded Kitchen
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Other Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Dining Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Dining Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Dining Room
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room With Fireplace
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Other Room
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Other Room With Fireplace
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom With Fireplace
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom With Fireplace
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bathroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bathroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bathroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bathroom
501-5002 55Th Street, Red Deer, AB - Indoor
501-5002 55Th Street, Red Deer, AB - Indoor With Storage
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Living Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Office
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Bedroom
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Laundry Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Gym Room
501-5002 55Th Street, Red Deer, AB - Indoor Photo Showing Gym Room
501-5002 55Th Street, Red Deer, AB - Outdoor With View With Exterior
501-5002 55Th Street, Red Deer, AB - Outdoor With Exterior
501-5002 55Th Street, Red Deer, AB - Outdoor
501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Outdoor With View
501-5002 55Th Street, Red Deer, AB - Outdoor With View
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ACTIVE
501-5002 55th Street, Red Deer, AB, T4N 7A4
$2,200,000

2+0 Beds

3 Baths

Property Information:

Presenting sophistication and exclusivity, this Executive Penthouse condo is masterfully designed to combine elegance with unparalleled luxury. Nestled along the banks of the Red Deer River, Elements at River’s Edge is reserved for those who seek an exclusive lifestyle. This adult-only property encompasses the utmost attention to detail and the highest quality amenities, ensuring a living experience like no other in a location. Spanning over 5,300 sq ft of opulence with expansive floor-to-ceiling windows it offers awe-inspiring views of the Red Deer River, enveloping the residence in natural beauty. Boasting two bedrooms, three bathrooms, office, and four balconies, each offering breathtaking views, it is truly unprecedented in Red Deer. The penthouse sets the scene for exceptional entertaining, highlighted by a custom-designed wet bar and an extraordinary kitchen that serves as the heart of the home. Exceptional walnut cabinetry, separate quartz prep and entertaining islands, state-of-the-art Wolf appliances, Sub-Zero refrigerator, and pantry accentuate the culinary space, offering a perfect blend of style and functionality. A formal dining room and casual dining area easily accommodates entertaining. The upscale wet bar features built-in appliances including wine fridges, dishwasher, cappuccino maker and wine room. The expansive open-plan living space leads seamlessly into the living room that boasts a floor to ceiling fireplace and is the focal point for cozy gatherings. The primary bedroom is a sanctuary of sophistication, featuring a double-sided fireplace that exudes warmth and ambiance. Indulge in the luxury of the ensuite, which boasts a full tiled bathroom, a floating tub, and dual sinks, creating a spa-like environment that is both tranquil and opulent. Residents have exclusive access to a range of amenities, including a private gym, ensuring wellness and convenience without leaving the comfort of this professional building. With only 10 residential suites within the five-story tower, this community promises an intimate living experience. The inclusion of four underground heated and secured parking spaces, along with two dedicated secured storage spaces, adds to the convenience. This executive penthouse condo is more than a residence - it's a statement of luxurious living, designed for those who seek unparalleled elegance and a connection with natural beauty, all within a prestigious and secure setting.

Inclusions: Sub Zero Fridge, Microwave, Induction Cooktop, Gas Range, Wall Ovens x2, Built in Dishwasher x3, Wine Fridge x2, TV's x4, Cappuccino Maker, Baby Grand Piano

Building Features:

  • Air Conditioning: Yes
  • Total Finished Area: 5393.00

Property Features:

  • Bedrooms: 2+0
  • Bathrooms: 2+1
  • Architectural Style: Penthouse
  • Association Fee Includes: Amenities of HOA/Condo, Common Area Maintenance, Electricity, Gas, Heat, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
  • Built in: 2013
  • Condo Fees: $1,938 Monthly
  • Construction Materials: Concrete, Metal Frame, Other, Stone
  • Cooling: Central Air
  • Exterior Features: Balcony, Lighting, Private Entrance
  • Fireplace Features: Double Sided, Gas, Living Room, Masonry, Master Bedroom, See Through
  • Floor Space (approx): 5393.00 Square Feet
  • Flooring: Hardwood, Tile
  • Heating: In Floor, Natural Gas
  • Interior Features: Built-in Features, Closet Organizers, Double Vanity, Elevator, Granite Counters, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Recreation Facilities, Soaking Tub, Storage, Walk-In Closet(s), Wet Bar
  • Levels: Multi Level Unit
  • Parking Features: Enclosed, Gated, Heated Garage, Insulated, Off Street, Owned, Parkade, Underground
  • Roof: Other
  • Zoning: DC (3)

Courtesy of: Coldwell Banker Ontrack Realty

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 501-5002 55th Street, Red Deer, AB, T4N 7A4

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, 501-5002 55th 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, 501-5002 55th 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 501-5002 55th Street, Red Deer, AB, T4N 7A4

Life Stage

Later Years

Employment Type

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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