$2,200,000 FOR SALE

Condo Apartment

Bedrooms: 2Bathrooms: 3
Maintenance Fees: $1,938.3

5002 55th Street #501
Red Deer, AB T4N 7A4

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 resid ential 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. (id:47423)

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Listed By Coldwell Banker Ontrack Realty
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2147434
Last Updated Sep 03, 2024
Property Summary
Property Type Condo Apartment

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Maintenance Fees $1,938.3
Community Railyards
Price History
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Detailed Information
Bedrooms 2
Bathrooms 3
Amenities Nearby Park, Schools, Shopping
Community Features Pets not Allowed
Features Wet bar, Elevator, Closet Organizers, No Animal Home, No Smoking Home, Parking
Listing Contract Date 2024-07-03
Maintenance Fee Payment Frequency Monthly
Maintenance Fee Type Condominium Amenities, Common Area Maintenance, Electricity, Heat, Ground Maintenance, Parking, Property Management, Reserve Fund Contributions, Sewer, Waste Removal, Water
Management Company Sunreal Property Management
Municipal ID 0035386986
Ownership Type Condominium/Strata
# of Parking Spaces 4
Plan 1222073
Property Type Single Family
Transaction Type For sale
Views View
Zoning Description DC (3)
Building
Amenities Exercise Centre
Appliances See remarks
Constructed Date 2013
Construction Material Poured concrete, Steel frame
Construction Style (Attachment) Attached
Cooling Type Central air conditioning
Exterior Finish Concrete, Stone
Fire Protection Full Sprinkler System
Fireplace Present Yes
# of Fireplaces 2
Flooring Type Hardwood, Tile
# of Half Bathrooms 1
Heating Fuel Natural gas
Heating Type In Floor Heating
Stories Total 6
Total Finished Area 5393 sqft
Type Apartment
Rooms
Room Level Dimensions Notes
KitchenMain level24.75 Ft x 22.67 Ft
Dining roomMain level20.17 Ft x 18.08 Ft
Living roomMain level33.00 Ft x 36.17 Ft
Family roomMain level17.25 Ft x 14.67 Ft
Primary BedroomMain level20.83 Ft x 15.00 Ft
5pc BathroomMain level13.25 Ft x 19.50 Ft
OtherMain level12.58 Ft x 11.67 Ft
BedroomMain level14.33 Ft x 16.75 Ft
3pc BathroomMain level14.67 Ft x 7.67 Ft
OfficeMain level16.00 Ft x 15.00 Ft
DenMain level14.92 Ft x 19.92 Ft
2pc BathroomMain level5.58 Ft x 6.00 Ft
BreakfastMain level10.17 Ft x 14.83 Ft
Laundry roomMain level8.00 Ft x 13.25 Ft
StorageMain level10.50 Ft x 6.17 Ft
OtherMain level8.00 Ft x 13.25 Ft
Parking Spaces
Name Spaces
Garage
Heated Garage
Other
Underground
Land
Total Size Unknown
Amenities Park, Schools, Shopping

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