Royal Oaks

Royal Oaks is a 4-storey low-rise apartment building located at 5211 39 Street in Red Deer's South Hill community, built in 1999. The building comprises primarily 2-bedroom, 2-bathroom units with recent sales averaging around $225,000 and monthly condo fees of roughly $548. Units feature open floor plans, gas fireplaces, in-suite laundry, and south-facing balconies overlooking a forested park reserve with walking trails. The building is positioned directly across from Red Deer Regional Hospital and close to downtown amenities. Recent upgrades include new windows, exterior cladding, and balcony improvements. Before finalizing your purchase, have a condo professional review the reserve fund study, financial statements, board minutes, and building bylaws to ensure long-term financial health and compliance.