307 - 4820 47 Avenue

Discover this hidden gem in historic Downtown Red Deer, just steps from Coronation Park, the Recreation Centre, and some of the best walking trails in the city. This inviting 5th-floor condo offers a peaceful retreat with spectacular east-facing views overlooking mature trees and parkland — a rare find at this price point! (Top-floor units are valued at approximately $5,000 per floor.) Inside, the home feels warm and refreshed with newer flooring and light paint tones, creating a bright and welcoming ambiance. Enjoy your morning coffee or a relaxing afternoon tea in the private nook perfectly positioned to take in the views. The kitchen features crisp white cabinetry paired with a clean white appliance package, offering a timeless and functional space. The primary bedroom is spacious, and the bathroom next to it. Two generously sized hallway closets provide excellent storage, complemented by an additional in-unit storage area, making organization effortless. This well-designed condo offers incredible convenience with a laundry room just down the hall and an elevator located across from the unit, making daily living simple and accessible. The building itself is well managed with a long-standing, reliable condo association and affordable condo fees that include all utilities. Ample parking is available behind the building, with the option to rent an assigned powered stall for just $25/month. Those without a vehicle will love being within walking distance to downtown shops, services, and the beautiful natural pathways along the creek. This pet-friendly building is also wonderfully suited for those considering rental income. On-site manager Tony, who lives in the building, oversees rentals for owners — a huge advantage for investors looking for hands-off management and excellent building security. Whether you’re a busy professional, first-time buyer, downsizer, nature lover, or someone looking for affordable home ownership, this condo delivers unbeatable value. A perfect choice for anyone seeking comfort, convenience and a budget-friendly lifestyle in the heart of Red Deer. Parking spot available for rent outside of the building.