4609 52 ST, Olds, AB T4H 1E8
4609 52 ST, Olds, AB T4H 1E8
4609 52 ST, Olds, AB T4H 1E8
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$499,000
Est. payment /mo
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6 Beds
4 Baths
1,326 SqFt
New

4609 52 ST Olds, AB T4H 1E8

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Sarah Kennedy

Sarah Kennedy

+1(403) 638-6499

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1326.0

Square Footage 1,326 sqft

Price per Sqft $376

MLS Listing ID A2336510

Style Bungalow

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1963

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Detached

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.

Location

Province AB

County 0226

Community Other, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Zoning R2

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Separate/Exterior Entry, Walk Up, Full, Finished

Guest Accommodations Basement

Interior

Interior Features Open Floorplan, See Remarks, Separate Entrance, Storage, Vinyl Windows

Heating Forced Air, Natural Gas

Cooling None

Flooring Tile, Vinyl Plank

Inclusions Refrigerator, built in dishwasher, washer, dryer

Fireplace Yes

Appliance Dishwasher, Dryer, Electric Cooktop, Electric Stove, Garage Control(s), Microwave Hood Fan, Range Hood, Refrigerator, Washer

Laundry In Unit, Lower Level, Main Level, Multiple Locations

Exterior

Exterior Feature Balcony, Other, Private Entrance, Private Yard

Parking Features Additional Parking, Double Garage Detached, Drive Through, Driveway, Garage Door Opener, Oversized

Garage Spaces 2.0

Fence Fenced

Community Features Other, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Metal

Porch Deck, Patio

Total Parking Spaces 6

Garage Yes

Building

Lot Description Back Lane, Back Yard, Corner Lot, Landscaped, Lawn, Level, Private, See Remarks

Dwelling Type House

Faces N

Story One

Foundation Poured Concrete

Architectural Style Bungalow

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories One

New Construction No

Others

Restrictions None Known

Listed by RE/MAX Real Estate (Mountain View)

NEARBY SCHOOL & BUSINESS

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4609 52 ST