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Listed price in listed location currency (CAD).
$325,000

424

MLS® A2324571

Overview

Key Facts

Type Duplex
Levels Residential
Size 1454 sqft
Garage Yes
Taxes 
Days Active 24
Lot Size 0.22 Acres
Approx. Age 1953
Avg. Price Per Sqft $223
MLS® Number A2324571

Property Address: 5218 & 5216 56 Ave, Ponoka, AB, T4J1G6

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberA2324571
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1953
BasementCrawl Space
DrivewayDouble Garage Detached, Off Street
Garage Spaces
HeatForced Air, Natural Gas
A/CWall/Window Unit(s)

Extras

Rooms

Other:Main Floor7.84 × 9 ft
Other:Main FloorNot available
Other:Main Floor7.84 × 8.92 ft
Dining Room:Main Floor6.92 × 12.25 ft
Kitchen:Main Floor10.25 × 12.34 ft
Other:Main Floor9.42 × 12.5 ft
Other:Main Floor7.92 × 12.5 ft
Living Room:Main Floor12.25 × 16.42 ft

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $325,000

For Sale · 24 days

$325,000

MLS® A2324571

24 days ago

Not Sold Yet

June 2026, Withdrawn for $325,000

Withdrawn · 237 days

$325,000

MLS® A2268380

19 days ago

Canceled on Jun 30, 2026

  • Jun 25, 2026, For Sale for $325,000

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Home Estimate Zoopraisal®

This property is estimated to sell between: $325,000 and $334,000.
Similar properties in this area sold on average for: $330,619
Expected to sell in 23 days. Similar properties sold in 47 days. This home has been on Zoocasa for 24 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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