5218 & 5216 56 Ave, Ponoka

2025-11-05
 

Quick Summary

Location
5218 & 5216 56 Ave, Ponoka, Alberta T4J1G6
Price
$325,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1454 sqft
Bedrooms:
4
Bathrooms:
2
Garages:
4
Year of Construction:
1953
Video Link:

MLS®#A2268380

Property Description

Unique property with several different options available. Full side by side duplex on 1 title. Each side is a 2 bedroom 1 bathroom.Subdivision Potential: Possibility to subdivide lot to build a single- family home or another duplex.Flexible Living and Investment Options: Rent both units for maximum income. Live in one unit and rent the other. Long term tenant in west unit wishes to stay. Upgrades and condition: East unit features a newly renovated kitchen. Both units have large windows throughout for abundant natural light. Property is well maintained and in excellent condition.Accessibility: One level living, ideal for seniors or those with mobility needs.Recent improvements: two new 100-amp electrical panels. LED lighting. Washer, Dryer, hot water tank replaced 3 years agoComfort and Convenience: West side – Window A/C unit. East side – stationary vented A/C in living room. Laundry room is separate from units and shared by both. Crawl space with concrete floor and individual counterflow furnaces. Commercial-grade torched down membrane roof system with silver coating for durability and heat reflection. Underground power and cable / fibre optics.Tenant and Owner Responsibilities: Owner pays water, sewer, and garbage. Tenant pays gas and electricity. Tenant also takes care of lawn maintenance and snow removalBonus Income Potential: Detached, insulated, and drywalled two-car garage – rentable separately for additional income or a perk for tenants.Other potential options: Option to add a second floor to house. There is room at front of house to add front driveways. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Schools, Shopping

Building

  • Appliances: Window/Sleeve Air Conditioner, Dishwasher, Stove, Oven, Window Coverings, Washer & Dryer
  • Architectural Style: Bungalow
  • Basement Type: Crawl space
  • Construction Style: Attached
  • Cooling Type: Window air conditioner, Wall unit
  • Fireplace: No
  • Flooring Type: Carpeted, Vinyl Plank
  • Interior Size: 1454 sqft
  • Stories: 1

Features

  • Feature: Back lane

Land

  • Land Size: 0.22 ac|7,251 - 10,889 sqft

Ownership

  • Type: Freehold

Structure

  • Structure: Shed

Zoning

  • Description: R2

Information entered by Royal LePage Lifestyles Realty
Listing information last updated on: 2026-03-25 23:20:51


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At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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Email:
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