Wellington Place

Wellington Place is a three-storey low-rise apartment building built in 1969, located at 4811 55 Street in downtown Red Deer. Recent sales have averaged around $83,000, with monthly condo fees typically running $486. The building comprises modest one- and two-bedroom units, many featuring south-facing exposures and private balconies. Recent renovations in several units include new kitchen cabinetry, vinyl plank flooring, and updated bathroom fixtures. Located steps from downtown amenities, parks, and the river trail system, the property appeals to first-time buyers and investors seeking affordable rental opportunities. Before finalizing your purchase, retain a professional to review the reserve fund study, financial statements, board minutes, and bylaws.