5002 55th ST #501, 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, Red Deer, AB T4N 7A4
5002 55th ST #501, Red Deer, AB T4N 7A4
5002 55th ST #501, Red Deer, AB T4N 7A4
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$ 1,595,000
Est. payment | /mo

3 Beds

3 Baths

5,209 SqFt


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$ 1,595,000
Est. payment | /mo
Save

3 Beds

3 Baths

5,209 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5209.0

Square Footage 5,209 sqft

Price per Sqft $306

Subdivision Railyards

MLS Listing ID A2330717

Style Apartment-Penthouse

Bedrooms 3

Full Baths 2

Half Baths 1

Condo Fees $2,205/mo

HOA Y/N No

Year Built 2013

Property Sub-Type Apartment

Property Description

A rare offering of uncompromising luxury,this extraordinary signature penthouse residence at Elements at the River is one of Red Deer's most prestigious homes. Perfectly positioned along the banks of the Red Deer River,this remarkable residence blends timeless elegance with contemporary sophistication,creating an unparalleled lifestyle reserved for the discerning buyer.

Encompassing over 5,300 sq. ft. of impeccably designed living space,the residence is framed by dramatic floor-to-ceiling windows that capture sweeping views of the Red Deer River,panoramic city views,and the surrounding landscape. Every detail has been thoughtfully curated,offering an exceptional balance of luxury,comfort,and architectural beauty. Featuring three spacious bedrooms,three bathrooms,a private office,and four private balconies,this home is truly without comparison in Central Alberta.

Designed with entertaining in mind,the spectacular chef's kitchen is the centrepiece of the home,showcasing custom walnut cabinetry,dual quartz islands for preparation and gathering,premium Wolf appliances,a Sub-Zero refrigerator,and a walk-in pantry. A formal dining room,casual dining area,and an impressive entertaining bar complete with wine refrigerators,dishwasher,cappuccino maker,and a private wine room,creating an unforgettable setting for hosting family and guests.

The grand open-concept living room is anchored by a striking floor-to-ceiling fireplace,creating a warm yet sophisticated setting for everyday living and entertaining. Floor-to-ceiling windows frame breathtaking views of the Red Deer River,panoramic city views,and the surrounding landscape,while four private balconies provide exceptional outdoor living spaces to enjoy the ever-changing scenery.

The primary suite is a luxurious private retreat,featuring a spacious sitting area,private terrace,double-sided fireplace,and an exquisite spa-inspired ensuite with a freestanding soaker tub,fully tiled walk-in shower,and dual vanities. Designed as a true sanctuary,it offers complete privacy,comfort,and sophistication.

Residents enjoy exclusive access to a private fitness centre within this boutique,adult-only building. With only 10 residential suites in the five-storey tower,Elements at the River offers exceptional privacy,security,and prestige. Four heated,secure underground parking stalls and two private storage units complete this exceptional package.

More than a residence,this is a legacy property—an exceptional expression of luxury,craftsmanship,and refined living,offering an unparalleled opportunity to own one of Red Deer's most iconic penthouse homes.

Location

Province AB

County 0262

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

Zoning DC (3)

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, Built in Microwave, Induction Cooktop, Gas Range, Wall Ovens x 2, Built in Dishwasher x 3, Bar Fridge, Wine Fridge, TV's x 4, Cappuccino Maker, Baby Grand Piano, Garage Door Remote x 3, Building Security Access x 3

Fireplace Yes

Appliance See Remarks

Laundry In Unit, Laundry Room

Exterior

Exterior Feature Balcony, Lighting, Private Entrance

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

Garage Spaces 4.0

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

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

Waterfront Description River Access,River Front

Roof Type Other

Accessibility Enhanced Accessible

Porch Balcony(s)

Total Parking Spaces 4

Garage No

Building

Lot Description Low Maintenance Landscape, Views

Dwelling Type High Rise (5+ stories)

Faces S

Story Multi Level Unit

Architectural Style Apartment-Penthouse

Level or Stories Multi Level Unit

New Construction No

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

Pets Allowed No

Listed by Coldwell Banker OnTrack Realty

NEARBY SCHOOL & BUSINESS

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5002 55th ST #501