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3433 51 Avenue - Image 1
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For SaleMLS® #A2304405CREANEW

$229,900

New on hômm

3433 51 Avenue

South Hill, Red Deer, Alberta T4N4E9

2
Beds
1
Baths
692
Sqft
1947
Built
ResidentialDetached Single FamilySingle Family (RAE)

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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. (id:39198)

Included with Sale

RefrigeratorStoveWasher & Dryer

Basement

Unfinished, Full, Walk-up

Parking

3 Parking

Heating

Forced air, Natural gas

Cooling

None

Financial Information

Property Taxes

$1,995/year (2025)

Lot Information

Lot Size

6,422.39 sq ft

Back lane

Rooms (7)

Main level

Living room
1,789 sq ft
48.1 × 37.2 ft (1,789 sq ft)
Kitchen
1,184 sq ft
31.2 × 38.0 ft (1,184 sq ft)
Primary Bedroom
1,056 sq ft
33.9 × 31.2 ft (1,056 sq ft)
Bedroom
832 sq ft
22.7 × 36.6 ft (832 sq ft)
4pc Bathroom
406 sq ft
16.1 × 25.2 ft (406 sq ft)

Second level

Loft
1,475 sq ft
38.8 × 38.0 ft (1,475 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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Copyright 2026 by the Canadian Real Estate Association (CREA). All Rights Reserved.

Data provided by the Canadian Real Estate Association (CREA). Data is deemed reliable but is not guaranteed accurate.

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.

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®).

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.

Listing information last updated on April 24, 2026 at 10:03 am MDT