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!
4829 54 Street, Olds
2026-02-12
Quick Summary
MLS®#A2285667
Property Description
Investors and small-scale developers, this is a strategic holding and redevelopment opportunity in one of Central Alberta’s most stable rental markets.This 0.546 acre parcel is zoned R3 (Multi-Residential District), allowing for higher-density residential development such as a 4-plex or larger multi-unit project (subject to Town approval). Lots of this size, with this zoning, and this proximity to amenities are increasingly difficult to find within town limits.The property is ideally positioned less than 1 km walking distance to both Olds College and Uptown Olds. Olds College is a major local employer and regional draw, supporting consistent rental demand from students, faculty, and service-sector employees. Uptown Olds provides grocery, banking, restaurants, and professional services — making this a true walkable location for future tenants.The existing 1950 home includes 1 bedroom and 1 bathroom on the main floor, plus an additional bedroom and bathroom in the basement, along with garage space equivalent to a 4-car garage. This allows a purchaser to obtain conventional financing and generate immediate rental income while planning a phased redevelopment strategy.Olds continues to demonstrate steady population growth, full municipal servicing, and historically low vacancy rates compared to many rural Alberta communities. For investors, this translates into dependable rental absorption and long-term development viability.Hold for cash flow. Develop for scale. Or secure the land today while options remain open. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Schools, Shopping
Building
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
- Architectural Style: Bungalow
- Basement Development: Partially finished
- Basement Type: Partial (Partially finished)
- Construction Style: Detached
- Cooling Type: None
- Exterior Finish: Stucco
- Fireplace: No
- Flooring Type: Laminate, Linoleum
- Interior Size: 636 sqft
- Building Type: House
- Stories: 1
Features
- Feature: Back lane, Level
Land
- Land Size: 2210.8 m2|21,780 - 32,669 sqft (1/2 - 3/4 ac)
Ownership
- Type: Freehold
Structure
- Structure: Shed, Deck
Zoning
- Description: R3
Information entered by CIR Realty
Listing information last updated on: 2026-02-15 18:21:19
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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.
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