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406, 5590 45 Street
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Beds
2
Baths
2
Sqft
1,414
Year
2001
Type
Single Family
On market
9d
Rare opportunity to have a top floor unit in this desirable building! Capstone is THE up and coming neighborhood in the core, along the river. Capstone is currently offering bi-weekly markets and food trucks, in Confederation Square making the area is a cool place to hang and it will only get better. Just steps away from Red Deer's premier bagel shop or craft brewhouse and patio, amazing sandwich shop or world class chocolatier. Stunning views of the Red Deer river, or Bower Ponds can be enjoyed from the giant 11x16 deck, the loft or the living room of this spacious unit. The Quarry is located across the street from Red Deer's extensive path system. The owner has completely updated this home, including a "floating" staircase to the loft, all new cabinetry throughout, vinyl plank flooring and paint. Condo has one underground and one powered above ground assigned parking stall(s) and a storage unit in the parkade. On the hot summer days you can enjoy the private outdoor pool. Use of the indoor rec room for billiards or meetings or parties as well as a handy gym all add to the ease of life at The Quarry. This is a great place to call home and enjoy a fun and active lifestyle. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 17.75 Ft x 11.33 Ft | |
| Bedroom | 14.00 Ft x 9.83 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 13.67 Ft x 12.17 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).
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 Jun 3, 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.