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204, 4904 54 Street
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Red Deer · Single Family · under $150,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to this charming 2-bedroom, 1-bathroom second-floor condo in the heart of Red Deer. Updated with modern flooring throughout, this home offers a clean, contemporary feel that’s easy to move into and enjoy. The functional layout features a spacious living room that flows naturally into the kitchen and dining area, ideal for both everyday living and casual entertaining. The generous primary bedroom provides a comfortable retreat, while the second bedroom offers flexibility for guests, a home office, or additional living space. Additional highlights include in-suite laundry and extra storage, adding to the home’s everyday convenience. Perfectly located just minutes from Parkland Mall and Real Canadian Superstore, as well as nearby parks, schools, and walking/bike paths, this condo offers a balance of comfort and accessibility. Condo fees of approximately $520/month cover most utilities (excluding power). Whether you're a first-time buyer, downsizer, or investor, this is a solid opportunity to own a maintained property in a convenient central location. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.08 Ft x 14.08 Ft | |
| Living room | 11.58 Ft x 17.58 Ft | |
| Kitchen | 7.42 Ft x 7.33 Ft | |
| Dining room | 8.00 Ft x 7.42 Ft | |
| Bedroom | 9.17 Ft x 14.08 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 1, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.