$449,000
Unlock Price Rating!

4617 48 Street, Olds, AB T4H1E2

 Contact
6 Beds
5 Baths
1,141 Sq Ft

Great investor focused, cash-flowing investment opportunity. This bungalow is built for the investor who wants day-one revenue with clear upside: a fully legal basement suite plus a transferable development permit for a third suite in the garage (perfect for a room-by-room strategy with consistent rental demand tied to Olds College).Upstairs offers 3 bedrooms and 2 full baths (including ensuite). The legal basement suite includes 3 bedrooms and 1.5 baths. Both units have their own washer and dryer, and utilities plus day-to-day property care are tenant responsibility, keeping the operating model clean.Parking is a differentiator here: two off-street driveways set up private parking for each unit, with 2 stalls dedicated to the basement suite and 4 stalls plus the garage for the upper suite, plus street parking out front.Investors will appreciate the long-term optionality. The site carries higher-density zoning (historically R3, now consolidated into the Towns Mixed Use framework), supporting future redevelopment or added density where approved. Current rents are below market, offering a straightforward path to increased cash return, and the approved garage suite adds a second lever (see attached cash flow scenarios). Available vacant or fully tenanted, depending on your strategy. (id:58753)

Listing By: Michael Stoner - eXp Realty cncrea2 Realty.com
  • MLS® A2282536
  • Date Listed02/27/2026
  • Days on Realty 97 Days
  • Bedrooms 6
  • Bathrooms 5 baths
  • Lot Size 557 sq. ft
  • Year Built 1975
  • Square Feet 1,141 sq. ft
  • Price Per Sq. Ft $393.51

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings, Washer/ Dryer Stack- Up
  • Flooring Hardwood, Laminate, Ceramic Tile
  • Cooling None
  • Heating Natural gas, Central heating, Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 557.36
  • Lot Features Back lane, Closet Organizers

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4H1E2

Discover key demographics, population statistics, and environmental insights for the Olds, AB area.

Walkability in AB / T4H1E2

Source: Walk Score

76/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

57/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 31/100.

Points of Interest near 4617 48 Street, Olds, AB T4H1E2

Frequently Asked Questions for 4617 48 Street

Source: Realty.com

4617 48 Street, Olds, AB T4H1E2 in Olds, AB T4H1E2 is a single family residence listed at $449,000. Highlights include 6 bedrooms, 5 bathrooms, 1,141 sq. ft., built in 1975, $394 per sq. ft.. Realty.ca has 34 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 34 photos of 4617 48 Street.

Our records indicate that 4617 48 Street was built in 1975.

The full address for this home is 4617 48 Street, Olds, AB T4H1E2.

4617 48 Street has been listed on Realty.com since Fri February 27, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 31/100.

Listing provided courtesy of: eXp Realty
Listing agent: Michael Stoner

This content last refreshed on 2026-06-04 17:20:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.