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312, 5330 47 Avenue
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Red Deer · Single Family · under $175,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to Imperial Place II—an exceptionally well-maintained, adult-oriented building in the heart of Red Deer, now offered at an attractive price point for those seeking value, comfort, and convenience. This top-floor, east-facing one-bedroom condo offers 641 sq ft of bright, functional living space designed for easy, low-maintenance living.Bathed in natural morning light, the open living and dining area creates a warm, inviting atmosphere, highlighted by a cozy gas fireplace and direct access to a private balcony with gas BBQ hookup—perfect for quiet mornings or relaxed evenings. The galley-style kitchen is efficient and well-equipped with a full appliance package, including built-in dishwasher and microwave, making everyday living simple and practical.The spacious bedroom is complemented by a full four-piece bathroom, while in-suite storage and an additional assigned storage locker add valuable convenience. The unit has been recently refreshed with professional painting throughout, updated LED lighting and ceiling fan in the kitchen, a freshly finished gas fireplace, and professionally cleaned carpets and flooring—offering a clean, move-in-ready feel that stands out in today’s market.Residents enjoy secure entry, elevator access, and heated underground parking with an assigned stall—ideal for year-round comfort. Located within walking distance to downtown Red Deer, this home places you close to shopping, restaurants, coffee shops, medical services, the Red Deer Public Library, Recreation Centre, and the popular Farmers’ Market. Outdoor amenities are just minutes away, with access to the Waskasoo Park trail system and over 80 km of scenic pathways connecting parks and the Red Deer River.An outstanding opportunity for buyers looking for affordability, location, and a turnkey lifestyle in a well-managed community. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 7.42 Ft | |
| Primary Bedroom | 11.33 Ft x 11.08 Ft | |
| Dining room | 8.58 Ft x 7.42 Ft | |
| Kitchen | 11.67 Ft x 7.42 Ft | |
| Living room | 15.33 Ft x 13.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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).
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 29, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.