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.
4908 54 Avenue, High Prairie
2026-02-25
Quick Summary
- Location
- 4908 54 Avenue, High Prairie, Alberta T0G1E0
- Price
- $599,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1779 sqft
- Garages:
- 8
- Year of Construction:
- 1993
MLS®#A2287491
Property Description
Investor ALERT in High Prairie!!! Featuring an INCREDIBLE 11.3% Cap Rate + STRONG Cash Flow + SOLID UPGRADES throughout!!!This WELL-MAINTAINED Bi-level 4-Plex sits on a LARGE 6,092 Sq Ft lot and offers 3,558 Sq Ft of Total Developed LIVING SPACE. Designed for CONSISTENT Rental Demand and EASE of Management, this TURN-KEY opportunity delivers both excellent upside and LONG-TERM stability.The property features 4 RENTED units generating a total MONTHLY INCOME of $4,825. The 2 top-floor units each offer 756 Sq Ft, while the 2 lower units each provide 646 Sq Ft â a FUNCITONAL layout that supports STRONG OCCUPANCY and STEADY CASH FLOW!!!This property has had LOTS OF WORK put into it - w/SIGNIFICANT Updates + MAJOR Improvements already completed, making it a STRONG, LOW-MAINTENANCE investment opportunity!!! Shingles Replaced 2013, NEWER VINYL FLOORING + Tiled flooring throughout, NEWER Windows + Doors, NEWER Vanities, + EXTERIOR IMPROVEMENTS Include New SIDING on the FRONT + a FRESHLY Painted Deck.MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (2026 and 2022 Years Old) + Hot Water Tanks (2022 + 2023) + New Board (2024) APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024).STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS.Add this CASH-FLOWING asset to your portfolio TODAY!!! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Playground, Schools, Shopping
Building
- Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan
- Architectural Style: Bi-level
- Basement Development: Finished
- Basement Type: Full (Finished)
- Cooling Type: None
- Exterior Finish: Vinyl siding
- Fireplace: No
- Flooring Type: Laminate, Tile, Vinyl Plank
- Interior Size: 1779 sqft
- Building Type: Multi-Family
Features
- Feature: Back lane, PVC window, Level
Land
- Land Size: 566 m2|4,051 - 7,250 sqft
Ownership
- Type: Freehold
Zoning
- Description: R3
Information entered by RE/MAX House of Real Estate
Listing information last updated on: 2026-06-29 13:30:20
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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.
One Percent Realty's top FAQs
For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.
Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.
Learn more about the One Percent Realty Deal