AB > Red Deer > Railyards
Red Deer, AB T4N 7A4,5002 55th ST #501
Red Deer, AB T4N 7A4,5002 55th ST #501
Red Deer, AB T4N 7A4,5002 55th ST #501
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Ahmed Arshad

Ahmed Arshad

+1(403) 399-2170
$2,200,000
Est. payment /mo
2 Beds
3 Baths
5,393 SqFt
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UPDATED:

07/08/2024 08:50 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,393 sqft

Price per Sqft $407

Subdivision Railyards

MLS® Listing ID A2147434

Style Penthouse

Bedrooms 2

Full Baths 2

Half Baths 1

Condo Fees $1,938/mo

Originating Board Central Alberta

Year Built 2013

Annual Tax Amount $11,317

Tax Year 2024

Property Description

Presenting sophistication and exclusivity, this Executive Penthouse condo is masterfully designed to combine elegance with unparalleled luxury. Nestled along the banks of the Red Deer River, Elements at River’s Edge is reserved for those who seek an exclusive lifestyle. This adult-only property encompasses the utmost attention to detail and the highest quality amenities, ensuring a living experience like no other in a location. Spanning over 5,300 sq ft of opulence with expansive floor-to-ceiling windows it offers awe-inspiring views of the Red Deer River, enveloping the residence in natural beauty. Boasting two bedrooms, three bathrooms, office, and four balconies, each offering breathtaking views, it is truly unprecedented in Red Deer. The penthouse sets the scene for exceptional entertaining, highlighted by a custom-designed wet bar and an extraordinary kitchen that serves as the heart of the home. Exceptional walnut cabinetry, separate quartz prep and entertaining islands, state-of-the-art Wolf appliances, Sub-Zero refrigerator, and pantry accentuate the culinary space, offering a perfect blend of style and functionality. A formal dining room and casual dining area easily accommodates entertaining. The upscale wet bar features built-in appliances including wine fridges, dishwasher, cappuccino maker and wine room. The expansive open-plan living space leads seamlessly into the living room that boasts a floor to ceiling fireplace and is the focal point for cozy gatherings. The primary bedroom is a sanctuary of sophistication, featuring a double-sided fireplace that exudes warmth and ambiance. Indulge in the luxury of the ensuite, which boasts a full tiled bathroom, a floating tub, and dual sinks, creating a spa-like environment that is both tranquil and opulent. Residents have exclusive access to a range of amenities, including a private gym, ensuring wellness and convenience without leaving the comfort of this professional building. With only 10 residential suites within the five-story tower, this community promises an intimate living experience. The inclusion of four underground heated and secured parking spaces, along with two dedicated secured storage spaces, adds to the convenience. This executive penthouse condo is more than a residence - it's a statement of luxurious living, designed for those who seek unparalleled elegance and a connection with natural beauty, all within a prestigious and secure setting.

Location

Province AB

County Red Deer

Zoning DC (3)

Direction S

Rooms

Other Rooms 1

Interior

Interior Features Built-in Features, Closet Organizers, Double Vanity, Elevator, Granite Counters, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Recreation Facilities, Soaking Tub, Storage, Walk-In Closet(s), Wet Bar

Heating In Floor, Natural Gas

Cooling Central Air

Flooring Hardwood, Tile

Fireplaces Number 2

Fireplaces Type Double Sided, Gas, Living Room, Masonry, Primary Bedroom, See Through

Inclusions Sub Zero Fridge, Microwave, Induction Cooktop, Gas Range, Wall Ovens x2, Built in Dishwasher x3, Wine Fridge x2, TV's x4, Cappuccino Maker, Baby Grand Piano

Appliance See Remarks

Laundry In Unit, Laundry Room

Exterior

Garage Enclosed, Gated, Heated Garage, Insulated, Off Street, Owned, Parkade, Underground

Garage Spaces 4.0

Garage Description Enclosed, Gated, Heated Garage, Insulated, Off Street, Owned, Parkade, Underground

Community Features Park, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Amenities Available Elevator(s), Fitness Center, Secured Parking, Storage

Roof Type Other

Porch Balcony(s)

Parking Type Enclosed, Gated, Heated Garage, Insulated, Off Street, Owned, Parkade, Underground

Exposure N,S,W

Total Parking Spaces 4

Building

Lot Description Low Maintenance Landscape, Views

Story 6

Architectural Style Penthouse

Level or Stories Multi Level Unit

Structure Type Concrete,Metal Frame,Other,Stone

Others

HOA Fee Include Amenities of HOA/Condo,Common Area Maintenance,Electricity,Gas,Heat,Maintenance Grounds,Parking,Professional Management,Reserve Fund Contributions,Sewer,Snow Removal,Trash,Water

Restrictions Non-Smoking Building,Pets Not Allowed

Tax ID 91714284

Ownership Private

Pets Description No

Read Less Info
Listed by Coldwell Banker Ontrack Realty

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  • I met with the realtor Ahmed Arshad through Houseful online agency. He was very polite gentleman who knows his job and in very professional manner he sold our house in three days for very good price. Later he guided us to buy a new house. And he showed us how to be careful about some missing, or bad things in the houses we looked at. It was a very exciting adventure working with Mr Ahmed Arshad and for very short time we found and bought the house were now we live in. Thankful Kiro and Lidija
    Kiro Seremetkoski
  • Definitely will recommend to those who is looking for their new home.
    Jeric Salazar
  • Erica Salazar
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Our Team

Ahmed Arshad
Ahmed Arshad
Realtor

+1(403) 399-2170

1301 8th Street SW, Calgary, AB, Canada

https://www.calgarymlshomes.com/

Selling Real Estate since 2006 helping people move with confidence. My goal is to assist buyers and sellers in making the BEST possible Real Estate decisions by providing relevant knowledge, collaboration, professionalism and a memorable experience.