We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
5410 55 Street, Ponoka
2025-05-01
Quick Summary
- Location
- 5410 55 Street, Ponoka, Alberta T4J1L8
- Price
- $455,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1952 sqft
- Bedrooms:
- 3
- Bathrooms:
- 1
- Year of Construction:
- 1973
MLS®#A2208374
Property Description
EXPERIENCE this investment opportunity in this full duplex converted into a fourplex, offering potential cash flow and solid long-term potential! This fully occupied property is currently generating $4300/M in gross rental income. With operating expenses, covering property management, utilities (boiler gas, water/sewer) garbage removal and yard maintenance. All the units have heat included because it's a boiler system, and there is only 1 water meter. The tenants each pay their own electricity (4 power meters) and Wi-Fi/cable if desired. Suite Breakdown: Three 3-bedroom units and One 2-bedroom unit. Mechanical room w' boiler system is in Unit 2, which is why this unit only has 2 bedrooms. Each suite is self-contained with its own washer, dryer, fridge and stove, making them highly desirable for tenants. Additional features include rear lane access and 4 dedicated parking stalls, providing convenience and functionality. Tenants appreciate the property's prime location near schools and amenities. Photos and room measurements provided in the listing are of Unit 3. This is a turnkey revenue property and investor opportunity to add to any real estate portfolio. According to the town, the property is currently zoned R4, where a 4-plex is a permitted use. We have paperwork from the town required for the development change to a 4-plex, along with their requirements. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Shopping
Building
- Appliances: Refrigerator, Stove, Washer & Dryer
- Architectural Style: Bi-level
- Basement Development: Finished
- Basement Type: Full (Finished)
- Construction Style: Attached
- Cooling Type: None
- Exterior Finish: Stucco, Vinyl siding
- Fireplace: No
- Flooring Type: Laminate, Linoleum, Vinyl Plank
- Interior Size: 1952 sqft
- Stories: 1
Features
- Feature: Back lane
Land
- Land Size: 6000 sqft|4,051 - 7,250 sqft
Ownership
- Type: Freehold
Structure
- Structure: None
Zoning
- Description: R4
Information entered by Realty Experts Group Ltd
Listing information last updated on: 2025-08-01 21:10:52
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
Send a Message
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
Yes, and yes.
Learn more about the One Percent Realty Deal
Bhavya Soni Associate
.webp)
- Phone:
- 7807070479
- Email:
- Opendreamdoorswithbhavya@gmail.com
- Support Area:
- Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley
Bhavya Soni is one of the top performing full-time agent of One Percent Realty. Her name has been pu ...
Full Profile