For Sale

Multi-family opportunity

5402 54 Avenue · Ponoka, Alberta T4J1L9

Asking price$595,000
Property typeMulti-family
Land areaAvailable on request

The Opportunity

Overview

Investment opportunity in central Ponoka! Situated on a corner lot near schools, parks, shopping, and everyday amenities, this four-unit residential property offers the potential for multiple rental income streams from one location.Each unit features its own washer and dryer, a full 4-piece bathroom, and two separate exits. The property also provides convenient rear parking, along with additional street parking.Property features include newer eavestroughs, exterior paint, roof and some windows replaced approximately eight years ago, hot-water tanks updated within the past five years, and bathtubs replaced in two units. Interior paint, flooring, and electrical and plumbing work have also been completed over the years.With four separate units, a practical layout, and a convenient location, this property is a strong option for investors looking to expand their rental portfolio in Ponoka. (id:61970)

Investment highlights

  1. 01Multi-family

Property details

Property type
Multi-family
Transaction
sale
Listing brokerage
eXp Realty
Listing representative
Larry Matira
Board / association
Red Deer (Central Alberta)

Financial information

Asking$595,000

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Location intelligence

Ponoka

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
30022753
Last supplied
September 7, 2026
Listing brokerage
eXp Realty
Listing representative
Larry Matira
Board / association
Red Deer (Central Alberta)

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Listing brokerage: eXp Realty · Listing representative: Larry Matira · Board/association: Red Deer (Central Alberta) · Updated: Sep 7, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

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