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5218 56 Avenue
Ponoka Alberta T4J1G6 Canada

$350,000

Active Listing ID A2269138
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1,454 square feet
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Multi-family

$350,000

Active Listing ID A2269138
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5218 56 Avenue 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. East unit is available immediately.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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Window air conditioner, Wall unit
  • Floor Covering: Carpeted, Vinyl Plank
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 11/6/2025 11:50:17 PM GMT
Source Updated Date: 12/23/2025 4:06:46 PM GMT

Courtesy of: Michael Gouchie, Broker, Royal LePage Lifestyles Realty