$120,000
15 days on hômm
#303 5812 61 Street
Riverside Meadows, Red Deer, Alberta t4n 6h4
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Est. Monthly Payment
$544/mo
Description
Perfect for first-time buyers, downsizers, or investors! This top-floor 2 bedroom condo offers a spacious south-facing living room filled with natural light, complete with a cozy fireplace, patio door, and private balcony. Featuring laminate and tile flooring throughout, with flooring replaced in 2025, this unit is both comfortable and low maintenance. Conveniently located near major bus routes and close to Bower Ponds, this property offers great access to recreation and everyday amenities. The full 4-piece bathroom features ceramic tile flooring, and the common laundry room is conveniently located on the same level. Enjoy low condo fees that include heat and water, along with insurance, sewer, garbage, snow removal, lawn care, and exterior maintenance — tenant or owner only pays for power. The building has seen extensive interior and exterior improvements, including a new intercom system and security cameras throughout the building. Currently tenant occupied with rent at $1,250/month and lease in place until September 2026, making this an excellent turnkey investment opportunity. Comes with one paved assigned parking stall with power, plus additional street parking nearby. A great opportunity for an investor, first-time buyer, or anyone looking for affordable ownership in a well-maintained building! Current oven will be replaced with newer white one to match Refrigerator.
Included with Sale
Nearby Amenities
Parking
1 Parking
Heating
Baseboard
Cooling
None
Financial Information
$913/year (2025)
$NaN/month
Property Details
Lot Information
781 sq ft
0.02
Rooms (4)
Main
Location
MLS® #: A2313823
Listing provided by Terri Williams
Brokerage: RE/MAX real estate central alberta
Photos: 12 images
Listing History
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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 May 26, 2026 at 9:15 pm MDT











