Property DescriptionAffordable Apartments for Rent in Red Deer's Waskasoo NeighborhoodLooking for apartments for rent in Red Deer that perfectly balance a quiet residential feel with urban convenience? Waskasoo Terrace Apartments offers a boutique living experience in one of the city's most desirable, mature neighborhoods. Featuring renovated 1 and 2-bedroom suites, our property provides high-quality, budget-friendly living for students, professionals, and small families.The Perfect Blend of Nature and ConvenienceLocated in the scenic Waskasoo area, these Red Deer rentals put you at the doorstep of the city's best outdoor spaces. Enjoy living just minutes away from the Waskasoo Creek trail system, Gaetz Lakes Sanctuary, and Coronation Park. Despite the peaceful setting, you are still centrally located with quick access to downtown Red Deer, shopping centers, and major transit routes. While many renters search for houses for rent in Red Deer, Waskasoo Terrace Apartments offers superior value. Avoid the high costs of a house with our inclusive amenities, heat and water covered in your rent, and the peace of mind that comes with 24/7 professional management.Why Choose Waskasoo Terrace Apartments?Professional Management: Dedicated maintenance and management team to ensure your home is always at its best.Move into Your New Red Deer Rental Today!Experience why Waskasoo Terrace Apartments is a top choice for those seeking quality, affordability, and a great location. Our suites fill up fastdon't miss out on your chance to live in the heart of Waskasoo. Contact us today to book a viewing and discover your next home in Red Deer!
1 Bedroom2 BedroomsAmenities
Laundry facilities
Convenience store
Fridge
Stove
Carpeted floors
Individual thermostats
Cable ready
Public transit
Shopping nearby
Schools nearby
Internet ready
No Smoking allowed
On Site Laundry
Secure Entry
Stove
Surface Parking
Secure entry
Secure entry
Vinyl Plank Floors
Public Library
UtilitiesHeat, Water
CommunityWelcome to Waskasoo Terrace Apartments, where modern city living meets neighborhood charm. Nestled in Downtown Red Deer, these units are designed for those who want to be in the center of it all. Each apartment features a private balcony, offering a peaceful retreat in a vibrant residential area.Location is everything, and Waskasoo Terrace delivers. You are steps away from the best of Red Deer, including Galbraith Park for outdoor enthusiasts and a variety of local dining options like Pho Thuy Duong. For students and faculty, the proximity to Red Deer Polytechnic and local high schools makes for an effortless commute. Whether you're shopping at the nearby Co-op or exploring the Kerry Wood Nature Centre, these apartments provide the ultimate Red Deer experience.Highlights:Prime Location: Steps from downtown shopping, dining, and transit.Convenience: Easy access to grocery stores like FreshCo and Unimarket.Active Living: Short walk to Coronation Park and the Servus Arena.
Important: Suite availability, rental rates, utility inclusions, and incentives are subject to change without notice. Security deposit amounts may vary based on credit history, rental history, and risk assessment. Advertised rental rates are net of applicable incentives and based on a one-year lease term. Incentives apply to new applicants only and cannot be combined with other offers. Suite images are for illustration purposes only, and actual suites may vary. Valid renter's insurance is required for all residents. Additional conditions may apply.
Apartment for rent
C$1,250+/moFees may apply
2 Bedrooms, 4744 54th St, Red Deer, AB T4N 2G3
2beds
700sqft
Price may not include required fees and charges. Learn more|
Apartment
Available now
Dogs OK
1 Parking space parking
What's special
Laundry facilitiesCarpeted floorsIndividual thermostatsCable readyInternet readyOn site laundrySecure entry
- 46 days |
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Range Oven, Refrigerator
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 700 sqft
Property
Parking
- Total spaces: 1
- Details: Contact manager
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 1995
Utilities & green energy
- Utilities for property: Water
Building
Details
- Building name: Waskasoo Terrace Apartments
Management
- Pets allowed: Yes
Community & HOA
HOA
- Amenities included: Water
Location
- Region: Red Deer
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | C$1,250+1.7%C$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2026 | Listed for rent | C$1,229C$2/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Downtown
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.






