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Valley View Terrace

5120 51 Avenue, Vermilion, AB T9X 1E4

Valley View Terrace, at 5120 51 Avenue, is a condo building in Vermilion, Alberta. It was built in 2001 and stands 4 storeys tall.

Vermilion
Year Built
2001
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$173,932
Median Sold
$176,500
Price Range
$160,160 – $180,000
Avg $/SqFt
$192.108
Sales (2yr)
5
Avg Days on Market
27.8

Last sale: Oct 5, 2026

Condo Fees

Avg Monthly Fee
$445
Median Fee
$450
Avg $/SqFt
$0.492
Units w/ Fee Data
5
Fee IncludesHeat, Water

Building Features

ExteriorConcrete,Stucco
AmenitiesAir conditioner, deck, reception sitting area, group kitchen, woodworking space, ramps, elevators
Building TypeLow-rise apartment
Floors4 storeys
Year Built2001

Policies

Pet PolicyNo pets allowed
Age Restriction45+

Management

Management CompanySelf-managed (board)

About This Building

Valley View Terrace is a well-maintained 4-storey low-rise apartment condominium built in 2001, located at 5120 51 Avenue in Vermilion. The building offers 45+ adult living with underground heated parking and scenic views over the Vermilion River valley. Recent sales have averaged around $174,000, with monthly condo fees averaging roughly $445. The building features common amenities including a reception area, shared kitchen, and woodworking space, plus in-unit laundry and modern appliances in most units. Prospective buyers should have condo documents—including reserve fund study, financial statements, board minutes, and bylaws—professionally reviewed before finalising a purchase to ensure informed decision-making.

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