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5233 49 Avenue
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Beds
—
Baths
—
Sqft
9,927
Year
1978
Type
Office
On market
146d
Positioned on one of Red Deer’s busiest corridors—49th Avenue—this property offers a premium, high-visibility location with exceptional access to key downtown amenities, including City Hall, the Provincial Building, the Court House, and the library. Includes a 26-stall parking lot directly adjacent to the rear of building. The attractive two-story office building totals 4994 sq ft on each floor and sits on a 100' x 128' corner lot. Built in 1980, it has been continuously occupied by a law firm since construction. The main floor features a welcoming reception and waiting area, a boardroom, signing room, photocopy room, two washrooms, a storage room, and seven offices. The second floor includes an additional signing room, photocopy room, library, kitchen, multiple storage rooms, and nine offices. The building has been well maintained over the years and underwent significant exterior upgrades, including new siding, a roof replacement in 2016, and new windows and doors in 2022—enhancing its overall curb appeal. Metered street parking is available along 53rd Street. This building and parking lot are also available for lease under MLS 2278984. Also, a satellite staff parking lot (3 lots) is available separately for sale MLS 2278994 and for lease MLS A2279007 located half a block east (28 stalls plus storage shed). (id:65958)
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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 14, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.