$325,000
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5218 &Amp; 5216 56 Ave, Ponoka, AB T4J 1G6

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4 Beds
2 Baths
135 Sq Ft

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.

Listing By: Michael Gouchie - Royal LePage Lifestyles Realty cnpilar Realty.com
  • MLS® A2324571
  • Date Listed06/25/2026
  • Days on Realty 19 Days
  • Bedrooms 4
  • Bathrooms 2 Full baths
  • Lot Size 0.22 acres (9,583 sq. ft)
  • Subdivision Central Ponoka
  • County Ponoka County
  • Year Built 1953
  • Square Feet 135 sq. ft
  • Price Per Sq. Ft $2406.34

Interior Features

  • Appliances Dishwasher, Electric Stove, Oven, Wall/ Window Air Conditioner, Washer/ Dryer, Window Coverings
  • Flooring Carpet, Vinyl Plank
  • Cooling Wall/Window Unit(s)
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior Private Yard
  • Roof -
  • Lot Size Acres 0.22
  • Lot Size SQFT 9,583.00
  • Lot Features Back Lane, Back Yard, Front Yard, Irregular Lot

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4J 1G6

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

Walkability in AB / T4J 1G6

Source: Walk Score

78/100

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: 10/100, Transit Score: 0/100, Bike Score: 25/100.

Points of Interest near 5218 & 5216 56 Ave, Ponoka, AB T4J 1G6

Frequently Asked Questions for 5218 & 5216 56 Ave

Source: Realty.com

5218 & 5216 56 Ave, Ponoka, AB T4J 1G6 in Central Ponoka, Ponoka, AB T4J 1G6 is a duplex listed at $325,000. Highlights include 4 bedrooms, 2 bathrooms, 135 sq. ft., built in 1953, 0.22 acre lot, $2,406 per sq. ft.. Realty.ca has 47 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 47 photos of 5218 & 5216 56 Ave.

Our records indicate that 5218 & 5216 56 Ave was built in 1953.

The full address for this home is 5218 & 5216 56 Ave, Ponoka, AB T4J 1G6.

5218 & 5216 56 Ave has been listed on Realty.com since Thu June 25, 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: 10/100, Transit Score: 0/100, Bike Score: 25/100.

Listing provided courtesy of: Royal LePage Lifestyles Realty (tel: 403-782-3171)
Listing agent: Michael Gouchie (tel: 403-782-3171)

This content last refreshed on 2026-07-14 21:39:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.