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Renanza Realty
For sale

5402 54 Avenue

Ponoka, Alberta

MLS® A2283104

$595,000

Status
Active
Property type
Multi-family
MLS® number
A2283104
Bedrooms
Bathrooms
Year built
1976

Listing description

Investment opportunity in central Ponoka! Situated on a corner lot near schools, parks, shopping, and everyday amenities, this four-unit residential property offers the potential for multiple rental income streams from one location. Each unit features its own washer and dryer, a full 4-piece bathroom, and two separate exits.

The property also provides convenient rear parking, along with additional street parking. Property features include newer eavestroughs, exterior paint, roof and some windows replaced approximately eight years ago, hot-water tanks updated within the past five years, and bathtubs replaced in two units. Interior paint, flooring, and electrical and plumbing work have also been completed over the years.

With four separate units, a practical layout, and a convenient location, this property is a strong option for investors looking to expand their rental portfolio in Ponoka.

Property summary

MLS® number
A2283104
Property type
Multi-family
Building type
Multi-Family
Square footage
2,082 sq ft
Title
Freehold
Built in
1976
Annual property taxes
$3,607.57
Parking
4 spaces · Other
Days on market
67 days

Features & details

Heating
Forced air, Natural gas
Flooring
Laminate, Vinyl Plank
Appliances
Refrigerator, Stove, Hood Fan, Washer & Dryer

What would this home cost you?

Based on the $595,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,768 /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 eXp 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.