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Home Communities Downtown Red Deer 205-4904 54 Street
$89,900 Active
205-4904 54 Street · Red Deer · T2N 2G8
2 bd 1.0 ba 852 sqft $106/sqft Built 1976
MLS® A2330576 · Listed Jul 20, 2026
Listed by TREC The Real Estate Company — David Brown
By the numbers

How this listing measures up

$/sqft $106
vs Downtown Red Deer median
Sqft per bedroom 426
Year built 1976
Annual taxes $1,228 2026
Downtown Red Deer avg DOM 53d

About this property

Located in the heart of downtown Red Deer, this 2-bedroom apartment condo offers an excellent opportunity for first-time buyers, investors, or anyone looking to enjoy the convenience of urban living. The functional layout features a spacious living room with sliding patio doors leading to a private balcony, creating a bright and welcoming space to relax. The dining area flows into the kitchen, making everyday living and entertaining easy. The unit also includes a full 4-piece bathroom, in-suite laundry, and a dedicated storage area for added convenience. An assigned parking stall is included, and the location is hard to beat, with schools, parks, playgrounds, shopping, restaurants, and a wide variety of other amenities all within walking distance. Whether you're looking for an affordable place to call home or a property to add to your investment portfolio, this condo offers outstanding value and plenty of potential in a highly convenient downtown location.

Property details

Bedrooms2
Bathrooms1.0
StyleApartment-Single Level Unit
HeatingBaseboard
CoolingNone
FlooringCeramic Tile
LevelsSingle Level Unit
Interior featuresSee Remarks
AppliancesSee Remarks
InclusionsN/A
LaundryIn Unit
Lot size847.00 sqft
Exterior featuresNone
PatioNone
Year built1976
Construction materialsConcrete,Stucco,Wood Frame
Parking featuresOff Street,Stall
Parking total1
Annual taxes$1,228
Tax year2026
Possession15 Days / Neg
ZoningC-1
TitleFee Simple
RestrictionsPet Restrictions or Board approval Required
NeighbourhoodDowntown Red Deer
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

Sold comparables in Downtown Red Deer

6 recent sales in Downtown Red Deer

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About Downtown Red Deer

AI-generated summary

A compact, walkable urban core with a mix of heritage character and modern civic amenities, serving as Red Deer's commercial and cultural hub.

Currently only 1 active listing in the area, indicating very limited inventory.
Average days on market sits at 53 days, suggesting a slower-moving, selective buyer pool.
Note: Red Deer is a separate city from Calgary, located approximately 150 km north along the QE II Highway.
Housing
Primarily older apartment buildings, condos, and converted heritage properties, with some newer infill developments.
Transit
Well-served by Red Deer Transit with multiple routes converging downtown, and a highly walkable street grid suited to errands on foot.
Amenities
Home to Bower Ponds, the Red Deer Museum + Art Gallery, Centrium, local restaurants, and a range of retail and professional services.
Who lives here
Young professionals, seniors, and urban-minded residents who value walkability and proximity to services over suburban space.
Full Downtown Red Deer community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: TREC The Real Estate Company — David Brown.