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For sale
    • C$599,900

    4908 54th Ave, High Prairie, AB T0G 1E0

    --beds
    --baths
    1,779sqft
    Quadruplex
    Built in 1993
    -- sqft lot
    $-- Zestimate®
    C$337/sqft
    C$-- HOA

    What's special

    Newer vanitiesFreshly painted deckBig lot
    Investor ALERT in High Prairie!!! Featuring an INCREDIBLE 11.3% Cap Rate + STRONG Cash Flow + SOLID UPGRADES throughout!!! This WELL-MAINTAINED Bi-level 4-Plex sits on a LARGE 6,092 Sq Ft lot and offers 3,558 Sq Ft of Total Developed LIVING SPACE. Designed for CONSISTENT Rental Demand and EASE of Management, this TURN-KEY opportunity delivers both excellent upside and LONG-TERM stability. The property features 4 RENTED units generating a total MONTHLY INCOME of $4,825. The 2 top-floor units each offer 756 Sq Ft, while the 2 lower units each provide 646 Sq Ft — a FUNCITONAL layout that supports STRONG OCCUPANCY and STEADY CASH FLOW!!! This property has had LOTS OF WORK put into it - w/SIGNIFICANT Updates + MAJOR Improvements already completed, making it a STRONG, LOW-MAINTENANCE investment opportunity!!! Shingles Replaced 2013, NEWER VINYL FLOORING + Tiled flooring throughout, NEWER Windows + Doors, NEWER Vanities, + EXTERIOR IMPROVEMENTS Include New SIDING on the FRONT + a FRESHLY Painted Deck. MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (2026 and 2022 Years Old) + Hot Water Tanks (2022 + 2023) + APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024). STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS. Add this CASH-FLOWING asset to your portfolio TODAY!!!
    137 days
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Simon D. Hunt, Associate,

    Re/Max House Of Real Estate

    Source: courtesy of Pillar9 System,MLS®#: A2287491MLS LogoOriginating MLS®#: Calgary

      Facts & features

      Interior

      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dryer, Electric Stove, Range Hood, Refrigerator, Washer
      • Laundry: Common Area, Electric Dryer Hookup, In Hall, Multiple Locations, Washer Hookup
      Features
      • Ceiling Fan(s), Laminate Counters, Soaking Tub
      • Flooring: Laminate, Tile
      • Windows: Vinyl Windows
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,779 sqft
      • Finished area above ground: 1,779
      • Finished area below ground: 1,602

      Property

      Parking
      • Total spaces: 8
      • Parking features: Alley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved
      • Has uncovered spaces: Yes
      Features
      • Levels: Bi-Level
      • Stories: 1
      • Patio & porch: Rear Porch
      • Exterior features: Rain Gutters
      • Fencing: None
      • Frontage length: 15.20M 49`10"
      Lot
      • Size: 6,098 Square Feet
      • Features: Back Lane, Few Trees, Front Yard, Lawn, Level, Low Maintenance Landscape, Near Shopping Center, Rectangular Lot
      Details
      • Parcel number: 56527911
      • Zoning: R3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Vinyl Siding, Wood Frame
      • Foundation: Concrete Perimeter
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1993

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Park, Playground, Sidewalks, Street Lights
      • Subdivision: NONE
      Location
      • Region: High Prairie

      Financial & listing details

      • Price per square foot: C$337/sqft
      • Date on market: 2/25/2026
      • Inclusions: 4 Electric Stoves, 4 Refrigerators, 4 Hood Fans, 1 Ceiling Fan, 2 Washers, 2 Dryers
      • Electric utility on property: Yes
      Simon D. Hunt, Associate

      Simon D. Hunt, Associate

      (403) 850-5502

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        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: T0G

        Getting around

        65 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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