Active Listing

# 318, 5300 48 Street

# 318, 5300 48 Street, Red Deer

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2Bedrooms
2.0Bathrooms
$339,900Price
1,123Sq Ft

Welcome to luxury adult living at its finest.

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Welcome to luxury adult living at its finest! This beautifully maintained condo offers the perfect blend of comfort, convenience, and community within one of Red Deer’s most sought-after adult living complexes complete with central airconditioning. From the moment you enter the impressive grand lobby, you'll be greeted by soaring ceilings, a stunning fireplace, elegant staircase, and a welcoming atmosphere that instantly feels like home. Designed for easy living, this spacious open-concept floor plan features upgraded hardwood flooring throughout the main living areas, creating a warm and inviting space for everyday enjoyment. The bright living room is highlighted by a cozy gas fireplace and large west-facing windows that fill the home with natural light and offer beautiful evening sunsets from your private covered balcony complete with a gasline for easy bbq cooking. The well-appointed kitchen is sure to impress with rich dark cabinetry, granite countertops, stainless steel appliances, abundant cupboard and drawer space, and a large corner pantry to keep everything organized. The spacious primary bedroom offers plenty of room to relax and features dual closets along with a private 3-piece ensuite complete with a full-size walk-in shower. A comfortable second bedroom provides the perfect space for visiting family and friends. You'll also appreciate the dedicated laundry room featuring side-by-side washer and dryer, extra storage cabinets, and space for a freezer. A full 4-piece main bathroom completes this thoughtfully designed unit. Enjoy year-round comfort with your heated underground parking stall, which also includes a secure enclosed storage locker for seasonal items and extra belongings. The Sierras of Heritage Village offers an exceptional collection of amenities designed to support an active and social lifestyle. Residents enjoy access to a heated indoor swimming pool, hot tub, fitness center, and craft room. The second level features a social lounge, games room with billiards tables, party room, full kitchen, and dance floor for community gatherings and events. The third floor includes a library and media room perfect for movie nights, while the fourth level offers two rooftop terraces complete with BBQs and comfortable patio seating. For visiting guests, two guest suites are available to rent separately. Ideally situated close to grocery stores, medical services, pharmacies, dental offices, restaurants, and entertainment, this prime location also places you directly across from the exciting Capstone development—Red Deer’s rapidly growing riverfront district and future hub for shopping, dining, recreation, and community events. If you've been searching for a vibrant, maintenance-free lifestyle without sacrificing comfort or amenities, this exceptional condo is the perfect place to call home.

Refined Amenities

Curated features for a sophisticated lifestyle.

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Elevator(s)

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Fitness Center

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Guest Suite

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Party Room

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Pool

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Storage

Specifications

Property Details

Property TypeResidential
Property SubtypeApartment
StyleApartment-Multi Level Unit
StructureLow Rise (2-4 stories)
Transaction TypeFor Sale
Bedrooms2
Full Bathrooms2
Living Area1,123 sq ft
Living Area (m²)104.0 m²
Year Built2002
Stories4
LevelsMulti Level Unit
Entry Level1
Parking Total1
Parking FeaturesParkade,Underground
Fireplaces1 (Gas)
HeatingBaseboard
CoolingCentral Air
FlooringCarpet,Hardwood,Linoleum
AppliancesDishwasher,Microwave,Refrigerator,Stove(s),Washer/Dryer
Interior FeaturesGranite Counters,No Animal Home,No Smoking Home,Open Floorplan,Pantry
LaundryIn Unit
ConstructionStucco,Wood Frame
Common Walls2+ Common Walls
Exterior FeaturesBBQ gas line
Patio / PorchDeck
Condo/ComplexSierras of Heritage Village
Floor LocationOther
Unit ExposureW
Price / Sq Ft$302.67
Annual Taxes$2,679 (2025)
Condo Fee$661.72/Monthly
Fee IncludesCommon Area Maintenance,Electricity,Gas,Heat,Insurance,Parking,Reserve Fund Contributions,Sewer,Snow Removal,Trash,Water
ZoningDC(6)
PetsNo
Possession30 Days / Neg
Occupant TypeOwner
Title / LandFee Simple
InclusionsFridge, Stove, Dishwasher, Microwave, Window Coverings (including Rods & curtains), Washer & Dryer
Days on Market10
ListedJune 6, 2026
NeighbourhoodDowntown Red Deer
MLS NumberA2317490
The Location

Downtown Red Deer

# 318, 5300 48 Street, Red Deer, Alberta, T4N 7C5

Park
Pond
Schools Nearby
Shopping Nearby
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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of 2 Percent Realty Advantage.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $2,679. Contact Spencer Rivers for the most recent assessment documents.
What are the condo/strata fees?expand_more
The condo fee is $661.72 Monthly. This includes: Common Area Maintenance,Electricity,Gas,Heat,Insurance,Parking,Reserve Fund Contributions,Sewer,Snow Removal,Trash,Water.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2317490. Listed June 6, 2026. Listed by 2 Percent Realty Advantage.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: June 29, 2026.