501 5002 55th Street
Railyards Red Deer T4N 7A4

$1,595,000
Residential beds: 3 baths: 3.0 5,209 sq. ft. built: 2013

Main Photo: 501 5002 55th Street in Red Deer: Railyards Apartment for sale : MLS®# A2330717
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2330717
Bedrooms:
3
Bathrooms:
3
Year Built:
2013
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.
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Num Legal Suites:
0
Num Illegal Suites:
0
Home Style:
Apartment-Penthouse
Total Living Area:
5,209 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
Condo Fee:
$2,205.38
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Electricity, Gas, Heat, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
HOA Fee Includes:
Acreage:
No
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
South
Reg. Size:
Reg. Size Includes:
Unit Exposure:
North, South, West
Floor Location:
Top
Entry Level:
5
Stories Total:
6
Levels:
Multi Level Unit
End Unit:
1 Common Wall
Total Rooms Above Grade:
8
Year built:
2013 (Age: 13)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms On Main:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Num Ensuite Baths:
2
Plan:
1222073
Heating:
In Floor, Natural Gas
New Constr.:
No
Construction Material:
Concrete, Metal Frame, Other, Stone
Structure Type:
High Rise (5+ stories)
Roof:
Other
Ensuite:
Yes
Flooring:
Hardwood, Tile
Cooling:
Central Air
Fireplaces:
2
Fireplace Details:
Double Sided, Gas, Living Room, Masonry, Primary Bedroom, See Through
Garage:
No
Garage Spaces:
4
Parking:
Enclosed, Gated, Heated Garage, Insulated, Off Street, Owned, Parkade, Underground
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit, Laundry Room
Condo Fee Frequency:
Monthly
Elements at Rivers Edge
Railyards
Elevator(s), Fitness Center, Secured Parking, Storage
See Remarks
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
Non-Smoking Building, Pets Not Allowed
No
Floor
Type
Size
Other
Main Floor
Kitchen
24'9" × 22'8"
Main Floor
Dining Room
20'2" × 18'1"
Main Floor
Living Room
36'2" × 33'
Main Floor
Bedroom
17'3" × 14'8"
Main Floor
Bedroom - Primary
20'10" × 15'
Main Floor
Walk-In Closet
12'7" × 11'8"
Main Floor
Bedroom
16'9" × 14'4"
Main Floor
Office
16' × 15'
Main Floor
Den
19'11" × 14'11"
Main Floor
Breakfast Nook
14'10" × 10'2"
Main Floor
Laundry
13'3" × 8'
Main Floor
Storage
10'6" × 6'2"
Main Floor
Walk-In Closet
13'3" × 8'
Floor
Ensuite
Pieces
Other
Main Floor
Yes
5
19'6" x 13'3"
Main Floor
Yes
3
7'8" x 14'8"
Main Floor
No
2
6' x 5'7"
Title to Land:
Fee Simple
Community Features:
Park, Schools Nearby, Shopping Nearby, Walking/Bike Paths
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
Exterior Features:
Balcony, Lighting, Private Entrance
Patio And Porch Features:
Balcony(s)
Lot Features:
Low Maintenance Landscape, Views
Waterfront Features:
River Access, River Front
Accessibility Features:
Enhanced Accessible
Num. of Parcels:
0
Region:
Red Deer
Zoning:
DC (3)
Listed Date:
Aug 04, 2026
Days on Mkt:
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Larger map options:
Listed by Coldwell Banker OnTrack Realty
Data was last updated October 6, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
392
Avg list price:
$427,000
Min list price:
$39,900
Max list price:
$4,200,000
Avg days on market:
34
Min days on market:
1
Max days on market:
265
Avg price per sq.ft.:
$339.34
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Elnora Alberta Information

Elnora /?l?n??r?/ is a village in central Alberta, Canada that is north of Three Hills. It was first organized as a village on January 2, 1908[4] as “Stewartville” but was renamed to Elnora (for Elinor & Nora, the wives of the postmasters) when the opening of a post office the next year required a unique name.[5] In the 2021 Census of Population conducted by Statistics Canada, the Village of Elnora had a population of 288 living in 147 of its 156 total private dwellings, a change of -3.4% from its 2016 population of 298. With a land area of 1.5 km2 (0.58 sq mi), it had a population density of 192.0/km2 (497.3/sq mi) in 2021.[3] In the 2016 Census of Population conducted by Statistics Canada, the Village of Elnora recorded a population of 298 living in 144 of its 160 total private dwellings, a -4.8% change from its 2011 population of 313. With a land area of 1.47 km2 (0.57 sq mi), it had a population density of 202.7/km2 (525.0/sq mi) in 2016.[6] Source: https://en.wikipedia.org/wiki/Elnora,_Alberta

Elnora Alberta Homes MLS®

Welcome to our Elnora Alberta Homes MLS® Search page, where you can explore a diverse selection of Homes MLS® listings.

www.FarmForSale.ca is produced by Steve LeBlanc, an experienced Farm and Commercial Realtor®, The search pre-set includes Homes listings within a 50 km radius of Elnora Alberta, each listing provides detailed insights into the Elnora Alberta area.

Whether looking for Farms, Ranch, Land, Commercial or Residential, you will find valuable information about the local community, amenities, and market trends. Our advanced search filters allow you to easily refine your search by location, property type, price range, and more, while interactive maps help you visualize property locations and explore surrounding areas.

Each listing includes comprehensive details, high-quality photos, and key features to assist you in making informed decisions. Additionally, Steve LeBlanc offers insights into the Elnora Alberta area real estate market, community highlights, and essential amenities, helping you understand each property’s unique characteristics.

Steve LeBlanc’s years of experience in Farm and Commercial real estate ensure you receive knowledgeable and personalized assistance throughout your buying or selling journey.

Welcome to www.FarmForSale.ca

Steve LeBlanc

Farm | Ranch | Land | Commercial
Alberta & Saskatchewan

Licensed Realtor® | Associate
Marcel LeBlanc Real Estate Inc.

Contact
Phone: 403-391-6447
Email: steve@leblancrealty.ca
Website: www.FarmForSale.ca

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steve leblanc farm realtor home picture Alberta & Saskatchewan
topsoil Depth (in) Alberta Source aafc slc version 3.2

Understanding Topsoil Depth in Alberta: Insights from AAFC SLC Version 3.2 Data

Topsoil depth is a critical factor for agricultural productivity, influencing water retention, nutrient availability, and root growth. The provided map of Alberta illustrates the topsoil depth in inches, highlighting significant regional variations. This analysis is based on data from the Agriculture and Agri-Food Canada (AAFC) Soil Landscapes of Canada (SLC) Version 3.2.

Key Observations

The topsoil depth in Western Alberta and the Rockies is generally shallow, ranging from 0 to 6 inches. This is due to the rugged terrain and erosional processes associated with mountainous regions. The shallow topsoil in these areas supports forests and natural vegetation rather than extensive agriculture.

Central Alberta, including areas around Edmonton and Red Deer, exhibits moderate to deep topsoil depths, generally between 8 to 14 inches. These depths are conducive to productive agriculture, supporting a variety of crops. The deeper topsoil in central regions contributes to higher agricultural yields and sustainable farming practices.

In Southern and Eastern Alberta, regions such as Calgary and areas towards the Saskatchewan border show variable topsoil depths ranging from 6 to 10 inches. While suitable for agriculture, these areas may require careful soil management to maintain productivity. Areas with shallower topsoil are more drought-resistant and may need irrigation and soil conservation practices.

Regional Analysis

The Rocky Mountain Influence is evident in the shallow topsoil of the Rocky Mountain foothills, resulting from the rocky and rugged terrain, limiting soil accumulation. These areas are more suited to forest growth and natural vegetation rather than intensive agriculture.

In contrast, the Prairie Conditions in central Alberta benefit from moderate to deep topsoil, which is ideal for crop production and supports Alberta’s agricultural economy. Maintaining topsoil depth through conservation practices is essential for sustaining long-term agrarian productivity in these areas.

Implications for Agriculture

Understanding topsoil depth is crucial for effective soil management practices, including crop selection, irrigation, and fertilization. Farmers can use this data to optimize their farming practices, choosing crops suited to the available topsoil depth and implementing appropriate soil conservation measures. Deeper topsoil improves water retention and nutrient availability, which is essential for healthy crop growth and high yields.

Conclusion

The topsoil depth map of Alberta reveals significant regional variations influenced by geographical features such as the Rocky Mountains and the fertile plains of central Alberta. Understanding these variations is crucial for optimizing agricultural practices and ensuring sustainable farming. By leveraging this data, farmers can improve crop yields, manage soil health, and enhance overall agrarian productivity in Alberta.

Sources

  • Agriculture and Agri-Food Canada (AAFC) Soil Landscapes of Canada (SLC) Version 3.2 Data
  • Alberta Agriculture and Forestry