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3433 51 Avenue - Image 1
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For SaleMLS® #A2304405Pillar 9NEW

$229,900

New on hômm

3433 51 Avenue

South Hill, Red Deer, Alberta T4N 4E9

2
Beds
1
Baths
692
Sqft
1947
Built
Residential1 and Half StoreyDetached Single Family

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Description

SOUTH HILL REDEVELOPMENT/INVESTMENT OPPORTUNITY on a large 48' x 134' lot zoned R-M for multi-family. The property is located within walking distance of shopping, restaurants, downtown amenities, and Red Deer Regional Hospital. The existing 1.5 storey home has seen some recent updates including vinyl plank flooring, an updated kitchen with newer cabinetry, countertops, and appliances, plus a renovated 4-piece bathroom with updated tub, tile surround, and vanity. Other improvements include PEX plumbing lines and a high-efficiency furnace. The main floor offers a functional layout with two bedrooms, a bright living room, and spacious kitchen area. The upper level would be best suited for storage, hobby space, or a kids' play area. The basement remains unfinished but includes laundry and a walk-up exit to a covered exterior storage area with direct access to the backyard. Outside, the extra deep yard and rear alley access create flexibility for future development plans or parking. The R-M zoning and lot dimensions make this property well-suited for a range of future development configurations.

Included with Sale

RefrigeratorStove(s)Washer/Dryer

Nearby Amenities

ParkPlaygroundSchools NearbyShopping NearbySidewalksStreet Lights

Basement

Full,Unfinished,Walk Up

Parking

3 Parking

Heating

Forced Air,Natural Gas

Cooling

None

Financial Information

Property Taxes

$1,995/year (2025)

Lot Information

Lot Size

6,422 sq ft

Acres

0.15

Width

48.13 ft

Back LaneBack YardFront YardInterior LotRectangular Lot

Rooms (7)

Main

Living Room
1,658 sq ft
36.1 × 45.9 ft (1,658 sq ft)
Kitchen
1,066 sq ft
36.1 × 29.5 ft (1,066 sq ft)
Bedroom - Primary
969 sq ft
29.5 × 32.8 ft (969 sq ft)
Bedroom
710 sq ft
36.1 × 19.7 ft (710 sq ft)
4pc Bathroom
301 sq ft
23.0 × 13.1 ft (301 sq ft)

Second

Loft
1,302 sq ft
36.1 × 36.1 ft (1,302 sq ft)
Zoning: R-M

Location

MLS® #: A2304405

Listing provided by Andrew Russell

Brokerage: RE/MAX real estate central alberta

Photos: 23 images

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Website provided by Kelly Grant

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on April 24, 2026 at 10:25 am MDT