DOWNTOWN LOCATION | C-1 COMMERCIAL ZONING | LONG TERM TENANT IN PLACE – Offering plenty of future potential, this downtown property is a great opportunity for investors looking to add to their portfolio or buyers seeking the flexibility that comes with C-1 zoning. Situated on a mature lot in a highly accessible central downtown location, this bungalow offers 845 square feet of living space with two bedrooms, a full bathroom, a functional kitchen, and a bright living room. With a long term tenant already in place, the property offers the benefit of an established tenancy while you consider your future plans. Whether your vision includes renovation, redevelopment, or making the most of the C-1 Commercial zoning, this unique property offers plenty of possibilities. This property is currently rented for $1,150/month including utilities.
For sale
C$199,900
4921 N 46th St, Red Deer, AB T4N 1N2
2beds
845sqft
Single Family Residence
Built in 1945
6,534 Square Feet Lot
$-- Zestimate®
C$237/sqft
C$-- HOA
What's special
Mature lotTwo bedroomsFunctional kitchen
- 67 days
- 52
- 2
Zillow last checked:
Listing updated:
Listed by:
Andrew Russell, Associate,
Re/Max Real Estate Central Alberta,
Shelby Sieppert, Associate,
Re/Max Real Estate Central Alberta
Source: courtesy of Pillar9 System,MLS®#: A2329683
Originating MLS®#: Central Alberta
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Dimensions: 9`2" x 9`1"
Bedroom
- Level: Main
- Dimensions: 10`0" x 9`1"
Other
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: None
- Laundry: In Basement
Features
- Separate Entrance, Storage
- Flooring: Hardwood, Linoleum
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 845 sqft
- Finished area above ground: 845
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Off Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: None
- Fencing: None
- Frontage length: 15.22M 49`11"
Lot
- Size: 6,534 Square Feet
- Features: Back Lane, Back Yard, Front Yard, Interior Lot, Rectangular Lot
Details
- Parcel number: 113516725
- Zoning: C-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Concrete, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1945
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Downtown Red Deer
HOA
- Has HOA: No
Location
- Region: Red Deer
Financial & listing details
- Price per square foot: C$237/sqft
- Date on market: 7/22/2026
- Inclusions: AS-IS
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.




