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Home Communities Parkvale 405-4820 47 Avenue
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405-4820 47 Avenue · Red Deer · T4N 6B9
1 bd 1.0 ba 496 sqft $181/sqft Built 1977
MLS® A2331279 · Listed Jul 21, 2026
Listed by Grand Realty — Yu jing Li
By the numbers

How this listing measures up

$/sqft $181
vs Parkvale median
Sqft per bedroom 496
Year built 1977
Annual taxes $888 2026

About this property

Welcome to this beautiful 1-bedroom, 1-bathroom condo with elevator access in the heart of downtown Red Deer, just steps away from Park, Recreation Center, and many best trails for walking and biking. This bright, well kept, open-concept unit has so many features including a spacious living room, kitchen with ample counter space and modern appliances, a large bedroom, and a full 4-piece bathroom. The building also offers an on-site property manager and assigned parking. The most spectacular point of the is property is it is conveniently located within walking distance to shopping, dining, medical services, parks, the Farmers’ Market, and Red Deer’s walking and biking trail system. A great option for first-time buyers, downsizer, or investors seeking strong value in a historic downtown location.

Property details

Bedrooms1
Bathrooms1.0
StyleApartment-Single Level Unit
HeatingNatural Gas,Zoned
CoolingNone
FlooringLaminate,Linoleum
LevelsSingle Level Unit
Interior featuresLaminate Counters
AppliancesElectric Cooktop,Range
InclusionsN/A
Lot size504.00 sqft
Exterior featuresNone
PatioNone
Year built1977
Construction materialsConcrete
Parking featuresNone,Off Street,Parking Pad
Annual taxes$888
Tax year2026
PossessionImmediate,Negotiable
ZoningC-1
TitleFee Simple
RestrictionsNone Known
NeighbourhoodParkvale
Community featuresOther,Park,Playground,Pool,Schools Nearby,Shopping Nearby,Sidewalks,Walking/Bike Paths
List AORCalgary

Location

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About Parkvale

AI-generated summary

Parkvale is a quiet, established inner-city community nestled along the Elbow River in southeast Calgary, offering a peaceful residential feel with easy access to downtown.

Parkvale borders the Elbow River, offering direct access to extensive riverside pathways
The community is one of Calgary's older established neighbourhoods, giving it a distinct mature character
Its proximity to the Chinook Centre area provides residents with convenient access to major retail and dining options
Housing
The neighbourhood features a mix of modest post-war bungalows, infill developments, and some newer single-family homes on mature, tree-lined streets.
Transit
Parkvale is served by Calgary Transit bus routes, and its proximity to Macleod Trail and the city centre makes commuting by car or bike straightforward.
Amenities
Residents enjoy nearby Beaver Dam Flats natural area, Stanley Park, the Elbow River pathway system, and shops and services along nearby Macleod Trail.
Who lives here
The community tends to attract long-time Calgary residents, young families, and professionals who value inner-city living with a neighbourhood feel.
Full Parkvale 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: Grand Realty — Yu jing Li.