5527 49A Avenue Red Deer, AB T4N 3X6

$388,700
5
Beds
3
Baths
0.25
Acres
1,845
SQFT
211
$/SQFT
$388,700
5
Beds
3
Baths
1,845   sf
$211 / sf
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active
1/50
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INVESTOR ALERT – Unique Character Home with Revenue Potential on Treed Character Street! and Wonderful neighbours! This Charming Income Property offers both excellent rental revenue and timeless character, with options to Occupy it yourself and rent out the rest! or just have it all to yourself!! nestled in a tree-lined lot. Set on a massive, mature lot siding onto the river, this 5-bedroom home is a rare opportunity. With a flexible layout ideal for extended families or tenants, the home features, 2 bedrooms upstairs, 2 on the main floor, and 1 downstairs, each level with self-contained potential. Original features include hardwood floors, rich wood trim, solid wood doors, antique filigreed doorknobs, and two beautiful (non-functioning) fireplaces. A glass-enclosed veranda, wrought iron-detailed Duradeck balcony, and a two-tiered deck offers serene outdoor living shaded by towering trees. Enjoy stunning wild life right out your front door. Kept as original as possible, this home is perfect for character home lovers or savvy investors. Updates include shingles (2013) and hot water tank (2015). Utilities average $579/month serviced regularly, House will be sold in the condition that it is. Older RPR available dated July 8 1991. Main floor and lower level currently unoccupied, upstairs tentant is month to month and would like to stay.

INVESTOR ALERT – Unique Character Home with Revenue Potential on Treed Character Street! and Wonderful neighbours! This Charming Income Property offers both excellent rental revenue and timeless character, with options to Occupy it yourself and rent out the rest! or just have it all to yourself!! nestled in a tree-lined lot. Set on a massive, mature lot siding onto the river, this 5-bedroom home is a rare opportunity. With a flexible layout ideal for extended families or tenants, the home features, 2 bedrooms upstairs, 2 on the main floor, and 1 downstairs, each level with self-contained potential. Original features include hardwood floors, rich wood trim, solid wood doors, antique filigreed doorknobs, and two beautiful (non-functioning) fireplaces. A glass-enclosed veranda, wrought iron-detailed Duradeck balcony, and a two-tiered deck offers serene outdoor living shaded by towering trees. Enjoy stunning wild life right out your front door. Kept as original as possible, this home is perfect for character home lovers or savvy investors. Updates include shingles (2013) and hot water tank (2015). Utilities average $579/month serviced regularly, House will be sold in the condition that it is. Older RPR available dated July 8 1991. Main floor and lower level currently unoccupied, upstairs tentant is month to month and would like to stay.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Red Deer
  • Status
    Active
  • Listing #
    A2234936
  • Built
    1912
  • Lot Size
    0.25
  • Listed on site
    1 day
  • Listing Brokerage
    RE/MAX real estate central alberta

Listed by:

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. Last updated: 2025-07-09 12:37:40
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Property details

Community Features

  • No HOA

Property Features

  • Cul-De-Sac
  • InLaw Suite

Exterior features

  • Deck
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Finished
  • Basement Full

Style

  • Split Level
  • 1.5 Story
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