$ 819.600
AB Red Deer
3500 3508 48 Avenue, Red Deer, AB T4N3S3 Photo 1
6 Photos
3500 3508 48 Avenue, Red Deer, AB T4N3S3 Photo 2
3500 3508 48 Avenue, Red Deer, AB T4N3S3 Photo 3
3500 3508 48 Avenue, Red Deer, AB T4N3S3 Photo 4
3500 3508 48 Avenue, Red Deer, AB T4N3S3 Photo 5

3500 3508 48 Avenue, Red Deer

  • Bedrooms: 2
  • Bathrooms: 2
  • Living area: 2114 square feet
  • Type: Townhouse
  • Added: 58 days ago
  • Updated: 15 days ago
  • Last Checked: 11 hours ago
A great start or addition to your investment portfolio, 4 individually titled townhouse condominiums. Rare to find such an attractive unique complex that has a great location on the south side across from the park and trail system with a view from every unit. Complex sits on 11,600 Sq ft lot with fenced off street paved parking with 2 stalls for each unit. Well maintained, upgraded vinyl fencing, upgraded decks and aluminum railings. New shingled installed 2024. Each unit offers open kitchen and dining area and 2 Pc bath on the main, lower level has 2 bedrooms, storage room, 4 Pc bath room and mechanical room, approx. 977 Sq ft finished per unit. Has great potential to generate 70,,000 per yr gross income and produce an attractive cap rate, and even greater if you want to maintain yourself. Each unit has individual billing for gas and power. Water sewer and garbage are billed to the complex. For more photos, interactive video and drone see MLS A2158142 Estimated market rent approx. $1500. per month per unit. units are mostly owner occupied there is no rent roll (id:1945)
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Property DetailsKey information about 3500 3508 48 Avenue

  • Heating: Forced air
  • Year Built: 1994
  • Structure Type: Multi-Family
  • Foundation Details: Wood
  • Architectural Style: Bi-level

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Other
  • Living Area: 2114
  • Above Grade Finished Area: 2114
  • Above Grade Finished Area Units: square feet

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 3500 3508 48 Avenue

  • Parking Total: 8
  • Parking Features: Parking Pad, Other

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Subdivision Name: South Hill

Tax & Legal InformationGet tax and legal details applicable to 3500 3508 48 Avenue

  • Tax Lot: 9
  • Tax Year: 2024
  • Tax Block: 2
  • Parcel Number: 0026307702
  • Tax Annual Amount: 5534
  • Zoning Description: R2
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Nearby Listings Stat

Active listings
25
Min Price
$249,000
Max Price
$819,600
Avg Price
$434,188
Days on Market
39 days
Sold listings
10
Min Sold Price
$183,900
Max Sold Price
$454,900
Avg Sold Price
$300,530
Days until Sold
36 days

Nearby Places

Name
Type
Address
Distance
CKRI-FM
The station is branded on-air as 100.7 CRUZ FM and...
0.1 km
Pizza Hut
Meal takeaway
3430 50th Ave
0.3 km
Las Palmeras
Restaurant
3630 50 Ave
0.3 km
Shiso Japanese Restaurant
Restaurant
3731 50 Ave
0.4 km
Sheraton Red Deer Hotel
Restaurant
3310 50 Ave
0.5 km
Boston Pizza
Restaurant
3215 Gaetz Ave
0.5 km
Piper Creek
It carries the drainage from a shallow lake in Red...
0.7 km
Super 8 Red Deer City Centre
Lodging
4217 50th Ave
0.7 km
Red Deer Regional Hospital
Alberta Health Services is responsible for the ope...
0.7 km
Dairy Queen
Store
4202 Gaetz Ave
0.8 km
Red Deer Lodge Hotel and Conference Centre
Night club
4311 49 Ave
0.8 km
Canada Safeway Limited
Grocery or supermarket
4407 50th Avenue
0.8 km
Additional Information about 3500 3508 48 Avenue

This Townhouse at 3500 3508 48 Avenue Red Deer, AB with MLS Number a2168543 which includes 2 beds, 2 baths and approximately 2114 sq.ft. of living area listed on Red Deer market by Paul Jones - RE/MAX real estate central alberta at $819,600 58 days ago.

We have found 2 Townhomes that closely match the specifications of the property located at 3500 3508 48 Avenue with distances ranging from 2 to 0 kilometers away. The prices for these similar properties vary between 645,000 and 819,600.

The current price of the property is $819,600, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 17% down payment, the total amount borrowed would be $680,268. This would result in a monthly mortgage payment of $3,833 over a 25-year amortization period.

More Details?
Paul Jones
  • Paul Jones
  • RE/MAX real estate central alberta
  • 403-357-9514
  • WebSite

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