By the numbers
How this listing measures up
$/sqft
$393
vs Riverside Meadows median
+83%
community avg $364K
Sqft per bedroom
—
Year built
1976
Annual taxes
$5,684
2025
About this property
Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.
Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.
Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio.
Property details
| Style | Bi-Level |
| Inclusions | Fridge x4, Stoved x4, Washer x4, Dryer x4 |
| Lot size | 10400.00 sqft |
| Year built | 1976 |
| Parking total | 4 |
| Annual taxes | $5,684 |
| Tax year | 2025 |
| Possession | Immediate,Negotiable |
| Zoning | R-L |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Riverside Meadows |
| List AOR | Calgary |
Location
Sold comparables in Riverside Meadows
0 recent sales in Riverside Meadows
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Sign up to see sold dataAbout Riverside Meadows
AI-generated summaryRiverside Meadows is a quiet, established southeast Calgary community with a relaxed suburban feel, sitting alongside the Bow River and backing onto natural green space.
Only 3 active listings, suggesting a tight and relatively stable local market
Average list price of $364,059 offers an accessible entry point compared to many Calgary communities
Proximity to the Bow River provides year-round pathway and outdoor recreation opportunities
Housing
The neighbourhood features a mix of single-family detached homes and some semi-detached properties, many built in the 1970s and 1980s with mature landscaping.
Transit
The community is primarily car-dependent, though Calgary Transit bus routes provide connections to the broader transit network.
Amenities
Residents have access to the nearby Bow River pathway system, with shopping and services available along nearby Barlow Trail and 17th Avenue SE.
Who lives here
Riverside Meadows tends to attract families, long-term homeowners, and buyers seeking affordable entry points with access to riverside recreation.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.





