Real estate on your terms®
$499,000
active
4609 52 Street
Olds
,
AB
T4H1E8
Key Details
- MLS® Number:
- A2336510
- Building Type:
- House
- Interior Size:
- 1326 square feet
- Bedrooms:
- 6
- Parking:
- 6
- Parking Features:
- Detached Garage, Oversize
- Lot Size:
- 956.0 square meters
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:53430)
Building
- Property Type:
- House
- Building Type:
- House
- Style:
- Bungalow
- Year Built:
- 1963
- Stories:
- 1.0
- Bedrooms:
- 6
- Bathrooms (total):
- 4.0
- Basement:
- Finished, Full, Separate entrance, Walk-up, Suite
Finished Areas
- Interior Size (Total):
- 1326 square feet
- Above Grade:
- 1326 square feet
Interior
- Flooring:
- Tile, Vinyl Plank
- Appliances:
- Washer, Refrigerator, Cooktop - Electric, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Hood Fan, Garage door opener
Parking
- Spaces:
- 6
- Features:
- Detached Garage, Oversize
Lot / Land
- Lot Size:
- 956.0 square meters
- Frontage:
- 23.76 meters
- Lot Features:
- See remarks, Other, Back lane, PVC window, Level
Exterior
- Exterior Features:
- Stone, Stucco
- Construction:
- Wood frame
- Foundation:
- Poured Concrete
- Fencing:
- Fence
Utilities & Mechanical
- Heating:
- Forced air, Natural gas
- Cooling:
- None
Fees & Dates
- Property Taxes:
- $3,541
- Tax Year:
- 2026
- Last Modified:
- 08/12/2026 04:10:00 AM
- Status Change:
- 08/12/2026 04:01:26 AM
Association / Ownership
- Common Interest:
- Freehold
Room Dimensions
| Room | Level | Size |
|---|---|---|
| 3pc Bathroom | Main level | 4.25 Ft x 5.00 Ft |
| Kitchen | Main level | 10.92 Ft x 9.67 Ft |
| Living room | Main level | 14.50 Ft x 18.58 Ft |
| Dining room | Main level | 9.33 Ft x 15.08 Ft |
| Bedroom | Main level | 12.08 Ft x 11.42 Ft |
| Storage | Main level | 2.33 Ft x 6.50 Ft |
| 4pc Bathroom | Main level | 5.00 Ft x 10.25 Ft |
| Bedroom | Main level | 10.17 Ft x 11.17 Ft |
| Primary Bedroom | Main level | 12.50 Ft x 11.17 Ft |
| 3pc Bathroom | Lower level | 4.75 Ft x 4.92 Ft |
| Kitchen | Lower level | 8.17 Ft x 9.50 Ft |
| Living room | Lower level | 11.83 Ft x 11.67 Ft |
| Dining room | Lower level | 6.67 Ft x 11.75 Ft |
| 3pc Bathroom | Lower level | 6.25 Ft x 8.42 Ft |
| Bedroom | Lower level | 8.83 Ft x 9.50 Ft |
| Bedroom | Lower level | 10.00 Ft x 12.58 Ft |
| Laundry room | Lower level | 8.75 Ft x 9.92 Ft |
| Bedroom | Lower level | 9.00 Ft x 11.75 Ft |
Location
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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
