2650 55 Street
Red Deer, Alberta
MLS® A2299290
$4,200,000
- Status
- Active
- Property type
- House
- MLS® number
- A2299290
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1990
1 / 12Listing 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 summary
- MLS® number
- A2299290
- Property type
- Single Family
- Building type
- House
- Square footage
- 4,080 sq ft
- Title
- Freehold
- Land size
- 2.85 acres
- Built in
- 1990
- Annual property taxes
- $9,816.00
- Parking
- 12 spaces · Attached Garage, Oversize
- Days on market
- 151 days
Features & details
- Heating
- Forced air
- Cooling
- None
- Basement
- Unfinished, Full
- Flooring
- Tile, Carpeted, Vinyl
- Appliances
- Refrigerator, Dishwasher, Stove, Window Coverings, Garage door opener
- Lot features
- Treed, No Smoking Home
What would this home cost you?
Based on the $4,200,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Bravo Realty, Olds.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.