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303 - 5134 43 Street

303 - 5134 43 Street, Red Deer, AB T4N 1C5

303 - 5134 43 Street is a condo building in the Downtown Red Deer area of Red Deer, Alberta. It was built in 1971 and stands 3 storeys tall.

Downtown Red Deer
Year Built
1971
Floors
3
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$1,147,072
Median Sold
$1,147,072
Price Range
$1,082,144 – $1,212,000
Sales (2yr)
2
Avg Days on Market
111.5

Last sale: Jan 6, 2025

Building Features

ExteriorBrick,Concrete,Stucco,Wood Frame
AmenitiesStorage lockers available for tenant rent.
Building TypeLow-rise apartment
Floors3 storeys
Year Built1971

Policies

Rental PolicyFully rented; investment/revenue property.

Known Issues & Notes

Repairs/Projects

Duralast-Supreme membrane roof installed 2017 with warranty remaining. Brand new boiler currently being installed. 4 units recently renovated. Hallways recently painted.

About This Building

This 3-storey apartment building at 303–5134 43 Street in Downtown Red Deer dates to 1971 and contains either 8 or 9 suites (mix of one- and two-bedroom units). Recent sales have averaged around $1.15 million. The building is fully rented and benefits from proximity to Red Deer's trail system, shopping, the Recreation Centre, and healthcare facilities. The roof was upgraded in 2017 and a new boiler is being installed. Several suites have undergone recent renovation work. Before finalizing a purchase, prospective buyers should have the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation professionally reviewed to assess long-term viability and any pending major capital projects.

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General information, not legal advice. Building figures are approximate; confirm details in the corporation's own documents.

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