Property Details

2650 55 Street
Red Deer (A2299290)

$4,750,000
4
2+1
4,080 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Opportunities like this are rare—just under 3 acre acreage property located right within the City of Red Deer offering space, privacy, and exceptional future potential. Positioned just off Highway 11, this property benefits from excellent exposure and accessibility while still providing a private, established setting. Set on a generously sized parcel, the property features a large existing home surrounded by mature landscaping, creating a peaceful environment with the convenience of surrounding city amenities. What truly sets this property apart is its subdivision into two separate lots, opening the door to a wide range of possibilities. Whether you’re looking to hold as an investment, redevelop, or explore multi unit opportunities, the potential here is substantial. With the possibility for rezoning (subject to city approval), this site could accommodate additional residential development, townhomes, a gated community concept, or even select commercial uses such as a strip style retail development. The combination of location, land size, and flexibility makes this an attractive option for builders, developers, and investors alike. Properties offering this level of versatility within city limits are increasingly hard to find. A rare opportunity to secure a high visibility parcel with both immediate use and long term upside.

Property details

Basic Info

MLS® #
A2299290
Property Type:
Residential
Subtype:
Detached
Subdivision:
NONE
Price
$4,750,000
Sale/Lease:
For Sale
Size:
4,080 sq.ft.
Bedrooms:
4
Bathrooms:
2 full / 1 half
Year Built:
1990 (36 years old)

Building Info

Structure Type:
House
Building Style:
2 Storey
Garage:
Yes
Parking:
Oversized, Triple Garage Attached
Fence:
Fenced
Basement:
Full
Features:
Built-in Features, Kitchen Island, No Smoking Home, Storage
Inclusions:
N/A
Appliances:
Dishwasher, Garage Control(s), Refrigerator, Stove(s), Window Coverings
Laundry:
Laundry Room
Exterior Features:
Private Entrance, Private Yard
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Lot / Land Info

Lot Size:
3 acres
Lot Features:
Landscaped, Private, Rectangular Lot, Treed
Water:
Well
Sewer:
Septic Tank
Zoning:
A-1

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Carpet, Tile, Vinyl
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Listing Info

Possession:
90 Days / Neg
Days on Market:
21
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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