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$499,000
Alberta,Olds
For Sale Active
4609 52 Street, Olds, Alberta T4H1E8
  • 6
  • 4
  • 1,326 Sqft
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Basic Details
Description

TURNKEY HIGH-YIELD INVESTMENT | LEGAL SUITE | FULLY TENANTED TO 2027 | PRIME LOCATION. Rare opportunity to acquire a proven income-producing asset in one of Olds’ most sought-after rental locations. Directly across from Olds College, this fully leased property offers the ideal combination of strong cash flow, stable tenancy, and long-term appreciation potential, making it a standout addition to any

real estate portfolio. Positioned on a massive 10, 000+ sq. ft. corner lot, this extensively updated bungalow features 6 bedrooms, 4 full bathrooms, a LEGAL secondary suite, and an oversized double detached garage, creating multiple income streams and broad tenant appeal. Even better, tenants are already in place with leases secured through March 2027, providing investors with immediate revenue and eliminating costly vacancy risk from day one. The bright and modern upper level showcases updated vinyl plank flooring, large sun-filled windows, and a beautifully renovated kitchen complete with quartz countertops, contemporary cabinetry, a large island, and abundant storage. The main level offers 3 spacious bedrooms, 2 full bathrooms, and in-suite laundry, creating an attractive rental product for quality tenants.The fully legal lower suite features its own private entrance, a spacious living area anchored by a charming brick fireplace, large windows, an updated kitchen, newer flooring throughout, 3 additional bedrooms, 2 full bathrooms, and separate laundry, maximizing rental flexibility and income potential. Outside, the impressive corner lot provides exceptional curb appeal, plenty of green space, deck, patio, ample parking, and a substantial 33′ x 23′ oversized double garage, a highly desirable feature for tenants and future owners alike.Recent upgrades including paint, flooring, kitchens, fixtures, and finishes make this a true turnkey investment with strong tenant retention appeal. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2336510
  • Price: $499,000
  • Bedrooms: 6
  • Bathrooms: 4
  • Square Footage: 1,326 Sqft
  • Year Built: 1963
  • Status: Active
  • Office Name: RE/MAX Real Estate (Mountain View)
  • Property Sub Type: Single Family
  • Office Key: 54515
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Finished, Full, Walk-up, Separate entrance, Suite
  • Fence: Fence
  • Parking: Detached Garage, Oversize
  • Architectural Style: Bungalow
  • Exterior Features: Stone, Stucco
  • Flooring: Tile, Vinyl Plank
Address Map
  • Location: CA, Alberta, Olds, T4H1E8
  • Street: 52
  • Street Number: 4609
  • Street Suffix: Street
  • Longitude: W115° 54' 11''
  • Latitude: N51° 47' 18.4''
Additional Information
  • Construction Materials:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 956.00
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3541
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Listing updated: 2026-08-24 03:33:08
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Listing Information
  • List Agent Key: 1448929
  • List Office Key: 54515
  • Modification Timestamp: 2026-08-12T04:10:00Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-08-12T04:01:26Z
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Listing updated: 2026-08-24 03:33:08
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