Overview
MLS® Number: A2294395
Type: Apartment
Bedrooms: 1
Bathrooms: 1/0
Living Area: 500 sq. ft.
Year Built: 1977
Description

Welcome to this well-kept 1-bedroom, 1-bathroom condo with elevator access in the heart of downtown Red Deer. This bright, open-concept unit features a spacious living room, galley-style kitchen with ample counter space and modern appliances, a comfortable bedroom, and a full 4-piece bathroom. Furniture is included, making this a move-in-ready opportunity. Condo fees include all utilities for easy, worry-free living. Laundry facilities are conveniently located on the same floor, and the building also offers an on-site property manager and assigned parking. Ideally situated within walking distance to shopping, dining, medical services, the Golden Circle, the Farmers’ Market, and Red Deer’s trail system. A great option for first-time buyers, downsizers, or investors seeking strong value in a prime downtown location.

Seller Brokerage: Real Broker

Property Details
Size & Rooms
Rooms Above Grade4
Beds Above Grade1
Bathrooms
4-Piece1
EnsuiteNo
Construction
StyleApartment-Single Level Unit
Exterior MaterialUnknown
RoofTar/Gravel
Stories5
New ConstructionNo
Parking & Garage
Total Parking1
FeaturesOff Street
Interior
HeatingBoiler
CoolingNone
FlooringVinyl
LaundryCommon Area
FeaturesCloset Organizers,Elevator,No Smoking Home,Open Floorplan
AppliancesElectric Range,Microwave,Refrigerator
InclusionsThe furniture are included
Exterior & Lot
ExteriorNone
Patio / PorchNone
CommunityShopping Nearby
Condo / Strata
BuildingLexington Place
Condo Fee$375/Monthly
Fee IncludesCaretaker,Common Area Maintenance,Electricity,Gas,Heat,Parking,Reserve Fund Contributions,Residential Manager,Sewer,Snow Removal,Trash,Water
PetsRestrictions
Unit ExposureN
FloorTop
Entry Level1
Financial & Legal
Annual Tax$746 (2025)
PossessionImmediate
ZoningC-1
TitleFee Simple
Mortgage Calculator
Location
507-4820 47 Avenue, Downtown Red Deer, Red Deer, AB
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Neighbourhood Demographics
Statistics Canada 2021 Census · Dissemination Area
$34,000
Median household income
64.0
Median age
1.50
Avg household size
Tenure — 38.60% Own  ·  61.40% Rent
How people get to work
Drive 71.10% 🚌 Transit 0.00% 🚶 Walk/Bike 13.20% 🏠 WFH 15.80%
Education — 12.20% have a bachelor's degree or higher
Contact Agent
Robb Leece, REALTOR®
Robb Leece, REALTOR®
Graham Realty Inc. 403-478-4335 robbleece@gmail.com
Call 403-478-4335
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About Downtown Red Deer

Full community profile
Downtown Red Deer represents Calgary's vibrant urban core, offering sophisticated city living with unparalleled access to the city's best dining, entertainment, and cultural attractions. This dynamic neighbourhood attracts professionals and urban enthusiasts who value walkability, modern amenities, and the energy of downtown life.

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