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Jaclyn Barnard

jaclyn@jaclynbarnard.com +1(416) 707-9901

$ 499,000

Est. payment -/mo

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4609 52 Street Olds, AB T4H1E8

6 Beds

4 Baths

1,326 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1326

Square Footage 1,326 sqft

Price per Sqft $376

MLS® Listing ID A2336510

Style Bungalow

Bedrooms 6

Year Built 1963

Lot Size 10,290 Sqft

Acres 0.23623274

Property Sub-Type Freehold

Property Description

TURNKEY HIGH-YIELD INVESTMENT | LEGAL SUITE | FULLY TENANTED TO 2027 | PRIME LOCATION. Rare opportunity to acquire a proven income-producing asset in one of Olds' most sought-after rental locations. Directly across from Olds College, this fully leased property offers the ideal combination of strong cash flow, stable tenancy, and long-term appreciation potential, making it a standout addition to any real estate portfolio. Positioned on a massive 10,000+ sq. ft. corner lot, this extensively updated bungalow features 6 bedrooms, 4 full bathrooms, a LEGAL secondary suite, and an oversized double detached garage, creating multiple income streams and broad tenant appeal. Even better, tenants are already in place with leases secured through March 2027, providing investors with immediate revenue and eliminating costly vacancy risk from day one. The bright and modern upper level showcases updated vinyl plank flooring, large sun-filled windows, and a beautifully renovated kitchen complete with quartz countertops, contemporary cabinetry, a large island, and abundant storage. The main level offers 3 spacious bedrooms, 2 full bathrooms, and in-suite laundry, creating an attractive rental product for quality tenants.The fully legal lower suite features its own private entrance, a spacious living area anchored by a charming brick fireplace, large windows, an updated kitchen, newer flooring throughout, 3 additional bedrooms, 2 full bathrooms, and separate laundry, maximizing rental flexibility and income potential. Outside, the impressive corner lot provides exceptional curb appeal, plenty of green space, deck, patio, ample parking, and a substantial 33' x 23' oversized double garage, a highly desirable feature for tenants and future owners alike.Recent upgrades including paint, flooring, kitchens, fixtures, and finishes make this a true turnkey investment with strong tenant retention appeal. (id:24570)

Location

State AB

Rooms

Kitchen 2.0

Extra Room 1 Lower level 4.92 Ft x 4.75 Ft 3pc Bathroom

Extra Room 2 Lower level 9.50 Ft x 8.17 Ft Kitchen

Extra Room 3 Lower level 11.67 Ft x 11.83 Ft Living room

Extra Room 4 Lower level 11.75 Ft x 6.67 Ft Dining room

Extra Room 5 Lower level 8.42 Ft x 6.25 Ft 3pc Bathroom

Extra Room 6 Lower level 9.50 Ft x 8.83 Ft Bedroom

Interior

Heating Forced air,

Cooling None

Flooring Tile, Vinyl Plank

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Lot Description Landscaped, Lawn

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Listed by RE/MAX Real Estate (Mountain View)

Jaclyn Barnard

Realtor®

+1(416) 707-9901

Jaclyn Barnard

4609 52 Street Olds, AB T4H1E8

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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4609 52 Street