7.24% Cap rate once new rents are implemented. 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 with a secondary suite. 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 ago Comfort 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 topped with aluminized silver reflective 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 removal Bonus 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.
For sale
C$325,000
5218 & 5216 S 56th Ave, Ponoka, AB T4J 1G7
4beds
1,453sqft
Duplex
Built in 1953
-- sqft lot
$-- Zestimate®
C$224/sqft
C$-- HOA
What's special
Led lighting
- 42 days |
- 5 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Michael Gouchie, Broker,
Royal Lepage Lifestyles Realty
Source: courtesy of Pillar9 System,MLS®#: A2324571
Originating MLS®#: Central Alberta
Originating MLS®#: Central AlbertaFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 9`0" x 7`10"
Other
- Level: Main
- Dimensions: 12`7" x 9`4"
Bedroom
- Level: Main
- Dimensions: 8`11" x 7`10"
Other
- Level: Main
- Dimensions: 12`6" x 9`5"
Other
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
- Dimensions: 12`3" x 6`11"
Kitchen
- Level: Main
- Dimensions: 12`1" x 10`2"
Kitchen
- Level: Main
- Dimensions: 12`4" x 10`3"
Laundry
- Level: Main
- Dimensions: 12`6" x 7`11"
Living room
- Level: Main
- Dimensions: 12`3" x 9`6"
Living room
- Level: Main
- Dimensions: 16`5" x 12`3"
Heating
- Forced Air, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Electric Stove, Oven, Washer/Dryer
- Laundry: Common Area, Main Level
Features
- Open Floorplan
- Flooring: Carpet
- Windows: Window Coverings
- Basement: Crawl Space
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,453 sqft
- Finished area above ground: 1,453
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Double Garage Detached, Off Street
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Exterior features: Private Yard
- Fencing: Fenced,Partial
- Frontage length: 19.20M 63`0"
Lot
- Size: 9,583 Square Feet
- Dimensions: 63 x 141 x 67.61 x 163.71
- Features: Back Lane, Back Yard, Front Yard, Irregular Lot
Details
- Additional structures: Shed(s)
- Parcel number: 56870321
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Wood Frame
- Foundation: Other
- Roof: Flat Torch Membrane
Condition
- New construction: No
- Year built: 1953
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Central Ponoka
HOA
- Has HOA: No
Location
- Region: Ponoka
Financial & listing details
- Price per square foot: C$224/sqft
- Date on market: 6/26/2026
- Inclusions: none
M
Michael Gouchie, Broker
(403) 782-3171
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: T4J
Nearby schools
GreatSchools rating
No schools nearby
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