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Renanza Realty
For sale

4606 50 Street

Olds, Alberta

MLS® A2355836

$599,900

Status
Active
Property type
House
MLS® number
A2355836
Bedrooms
4
Bathrooms
2
Year built
1925

Listing description

Situated at the prominent intersection of 50th Street and Highway 2A, directly across from Olds College, this charming 1920s heritage-style home offers a unique combination of historic character, excellent visibility, and future potential. Rich in charm and architectural character, this beautifully maintained and thoughtfully updated home offers a glimpse into Olds' history while providing many of today's modern comforts. Featuring 4 bedrooms, 2 bathrooms, updated windows, granite countertops, and a flexible floor plan, the home combines old-world craftsmanship with practical everyday living.

The inviting front porch provides the perfect place to sit back, relax, and enjoy the surroundings, while the mature, park-like yard features established trees, perennials, and lush lawn, creating a welcoming outdoor retreat. Situated on a generous 0. 32-acre corner property, there is plenty of room to enjoy the outdoors.

Whether you're drawn to its character as a residence or recognize the possibilities associated with its location and land use designation, this is a property that deserves a closer look. Currently designated MUN (Mixed Use Node) under the Town of Olds Land Use Bylaw, the property offers flexibility beyond traditional residential zoning. Prospective purchasers are encouraged to review the MUN district regulations and consult with the Town of Olds Planning and Development Department to explore permitted and discretionary uses.

Adding another dimension to this offering, a proposed subdivision is currently under review by the Town of Olds, with the intention of creating an additional parcel. The property is being marketed as a package, presenting purchasers with the potential benefits of both the existing character home and a future separately titled parcel, subject to subdivision approval and registration. With its high-profile location, proximity to Olds College, established surroundings, and evolving development potential, 4606 50th Street represents an in triguing opportunity for homeowners, investors, and entrepreneurs alike.

Property summary

MLS® number
A2355836
Property type
Single Family
Building type
House
Square footage
1,517 sq ft
Title
Freehold
Land size
0.32 acres
Built in
1925
Annual property taxes
$2,846.00
Parking
4 spaces · Detached Garage, Parking Pad, Other, RV
Days on market
0 days

Features & details

Heating
Forced air, Natural gas, Other
Cooling
None
Basement
Unfinished, Full, Walk-up
Flooring
Tile, Laminate, Wood
Appliances
Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Window Coverings, Washer & Dryer
Exterior features
Brick
Lot features
Back lane, Wood windows, PVC window, Closet Organizers, No Animal Home, No Smoking Home, Level

What would this home cost you?

Based on the $599,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,791 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CIR Realty, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.