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.
For sale
C$499,000
4609 N 52nd St, Olds, AB T4H 1E8
6beds
1,326sqft
Single Family Residence
Built in 1963
10,454 Square Feet Lot
$-- Zestimate®
C$376/sqft
C$-- HOA
What's special
Extensively updated bungalowLegal secondary suiteOversized double detached garageUpdated vinyl plank flooringLarge sun-filled windowsBeautifully renovated kitchenQuartz countertops
- 8 days |
- 23 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Amanda Petersen, Associate,
Re/Max Real Estate (Mountain View)
Source: courtesy of Pillar9 System,MLS®#: A2336510
Originating MLS®#: Calgary
Originating MLS®#: CalgaryFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Bedroom
- Level: Main
- Dimensions: 11`5" x 12`1"
Bedroom
- Level: Main
- Dimensions: 11`2" x 10`2"
Other
- Level: Main
- Dimensions: 11`2" x 12`6"
Bedroom
- Level: Lower
- Dimensions: 9`6" x 8`10"
Bedroom
- Level: Lower
- Dimensions: 12`7" x 10`0"
Bedroom
- Level: Lower
- Dimensions: 11`9" x 9`0"
Other
- Level: Main
- Dimensions: 5`0" x 4`3"
Other
- Level: Main
- Dimensions: 10`3" x 5`0"
Other
- Level: Lower
- Dimensions: 4`11" x 4`9"
Other
- Level: Lower
- Dimensions: 8`5" x 6`3"
Dining room
- Level: Main
- Dimensions: 15`1" x 9`4"
Dining room
- Level: Lower
- Dimensions: 11`9" x 6`8"
Kitchen
- Level: Main
- Dimensions: 9`8" x 10`11"
Kitchen
- Level: Lower
- Dimensions: 9`6" x 8`2"
Laundry
- Level: Lower
- Dimensions: 9`11" x 8`9"
Living room
- Level: Main
- Dimensions: 18`7" x 14`6"
Living room
- Level: Lower
- Dimensions: 11`8" x 11`10"
Storage
- Level: Main
- Dimensions: 6`6" x 2`4"
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Electric Cooktop, Electric Stove, Garage Control(s), Microwave Hood Fan, Range Hood, Refrigerator, Washer
- Laundry: In Unit, Lower Level, Main Level, Multiple Locations
Features
- Open Floorplan, See Remarks, Separate Entrance, Storage
- Flooring: Tile
- Windows: Vinyl Windows
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 1,326 sqft
- Finished area above ground: 1,326
- Finished area below ground: 1,160
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Double Garage Detached, Drive Through, Driveway, Garage Door Opener, Oversized
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Balcony, Other, Private Entrance, Private Yard
- Pool features: Community
- Fencing: Fenced
- Frontage length: 23.76M 78`0"
Lot
- Size: 10,454 Square Feet
- Features: Back Lane, Back Yard, Corner Lot, Landscaped, Lawn, Level, Private, See Remarks
Details
- Parcel number: 113534171
- Zoning: R2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Stone, Stucco, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- New construction: No
- Year built: 1963
Community & HOA
Community
- Features: Other, Park, Playground, Sidewalks, Street Lights
- Subdivision: NONE
HOA
- Has HOA: No
Location
- Region: Olds
Financial & listing details
- Price per square foot: C$376/sqft
- Date on market: 8/11/2026
- Inclusions: Refrigerator, built in dishwasher, washer, dryer
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: T4H
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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