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.
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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®#: A2329683Originating 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$260/sqft
Date on market: 7/22/2026
Inclusions: AS-IS
Andrew Russell, Associate
Andrew Russell, Associate
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