5121 54 ST, Elk Point

2026-05-06
 

Quick Summary

Location
5121 54 ST, Elk Point, Alberta T0A1A0
Price
$1,250,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1950 sqft
Bedrooms:
1
Bathrooms:
1
Year of Construction:
1979

MLS®#E4485832

Property Description

A rare and compelling opportunity for the savvy investor. This package of four 4-plex buildings in the town of Elk Point delivers 16 rental units in a market defined by low supply and strong demand — the ideal conditions to build lasting income and long-term wealth. With residential rentals at a premium in smaller Alberta communities, this is your chance to secure a foothold and watch your portfolio flourish. Elk Point offers a full range of amenities including schools, hospital, banking, groceries, fuel, small businesses, and excellent recreational facilities — everything tenants need, right in town. Ideally situated just 25 minutes from St. Paul, one hour from the booming city of Cold Lake, and three hours from Edmonton. Strong location. Strong demand. Strong returns. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Schools, Shopping

Building

  • Appliances: Dryer, Refrigerator, Stove, Washer, See remarks
  • Architectural Style: Bi-level
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Attached
  • Fireplace: No
  • Interior Size: 1950 sqft
  • Building Type: Fourplex

Features

  • Feature: Lane

Land

  • Land Size: 788.56 m2

Ownership

  • Type: Freehold

Information entered by Century 21 Poirier Real Estate
Listing information last updated on: 2026-05-05 21:33:32


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How much could you save in commission selling with One Percent Realty?

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$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

Q
What is the deal exactly, with One Percent Realty?

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!

Q
What do you charge?

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.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


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