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.
4617 48 Street, Olds
2026-08-29
Quick Summary
MLS®#A2340686
Property Description
Great investor focused, cash-flowing investment opportunity. This bungalow is built for the investor who wants day-one revenue with clear upside: a fully legal basement suite plus a transferable development permit for a third legal suite in the garage (perfect for a room-by-room strategy with consistent rental demand tied to Olds College).Upstairs offers 3 bedrooms and 2 full baths (including ensuite). The legal basement suite includes 3 bedrooms and 1.5 baths. Both units have their own washer and dryer, and utilities plus day-to-day property care are tenant responsibility.Tenants are now in place at increased market rents â [$1900/month upper, $1475/month basement] â giving investors an immediate bump in day-one cash flow over the prior rent roll.Parking is a standout for this property with two off-street driveways. This provides private parking for each unit with 4 stalls dedicated to the basement unit and 4 stalls plus the garage for the upper unit, plus street parking out front.Investors will appreciate the long-term optionality. The site carries higher-density zoning (historically R3, now consolidated into the Townâs Mixed Use framework), supporting future redevelopment or added density where approved. New tenants in place at market rent and the approved garage suite adds a second lever for those looking for a medium-term redevlopment. Note: current tenants do not smoke indoors, however a mild residual smoke odor is present in parts of the home. (id:32467)
Property Features
Building
- Appliances: Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings, Washer/Dryer Stack-Up
- Architectural Style: Bungalow
- Basement Development: Finished
- Basement Features: Separate entrance, Suite
- Basement Type: Full (Finished)
- Construction Style: Detached
- Cooling Type: None
- Exterior Finish: Brick, Concrete, Stucco
- Fireplace: Yes
- Flooring Type: Ceramic Tile, Hardwood, Laminate
- Interior Size: 1141 sqft
- Building Type: House
- Stories: 1
Features
- Feature: Back lane, Closet Organizers
Land
- Land Size: 51.78 m2|0-4,050 sqft
Ownership
- Type: Freehold
Structure
- Structure: Deck
Zoning
- Description: R3
Information entered by eXp Realty
Listing information last updated on: 2026-08-28 23:57:47
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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.
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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.
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Anna Madden Associate
- Phone:
- 587-830-2405
- Email:
- anna.madden05@gmail.com
- Support Area:
- Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills
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Full ProfileDabs Fashola Associate
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- 403-619-0621
- Email:
- homesbydabs@gmail.com
- Support Area:
- Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds, Cochrane
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