305, 4820 47 AvenueRed Deer, AB, T4N 6B9

Property Description for 305, 4820 47 Avenue

Lexington Place offers a unique combination of affordable quality living in a central location near the heart of downtown. The building is walking distance to transit, the main city bus depot, medical services, Red Deer Hospital and Retail shopping centers. The building contains 55 units and was purchased in 2009 by Platinum Properties Group Corporation and is currently managed by Laidley Management Ltd. This is a great opportunity for a potential buyer to enter the housing market, stop paying rent and start building equity. The one bedroom is located on the 3rd floor of the five- story building and faces West, so you can enjoy the afternoon sun. Accessible by elevator or stairs, the suite is 505 sq ft and contains ceramic tile in the entrance and kitchen, laminate hardwood in the living room and carpet in the bedroom. It has been painted a neutral cream throughout within the past five years. The galley kitchen includes a fridge and stove, with plenty of storage. The bedroom is roomy and contains ample closet space. The suite was updated in 2010 and while it could use a few cosmetic updates, it is move in ready and ready for someone to call it home!