$325,000
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5216 & 5218 56 Avenue, Ponoka, AB T4J1G6

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- Beds
0 Baths
1,454 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 agoComfort 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 removalBonus 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. (id:58753)

Listing By: Michael Gouchie - Royal LePage Lifestyles Realty cncrea2 Realty.com
  • MLS® A2324348
  • Date Listed06/26/2026
  • Days on Realty 18 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Central Ponoka
  • Year Built 1953
  • Square Feet 1,454 sq. ft
  • Price Per Sq. Ft $223.52

Interior Features

  • Flooring Carpeted, Vinyl Plank
  • Cooling Window air conditioner, Wall unit
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4J1G6

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

Walkability in AB / T4J1G6

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 5216 & 5218 56 Avenue, Ponoka, AB T4J1G6

Frequently Asked Questions for 5216 & 5218 56 Avenue

Source: Realty.com

5216 & 5218 56 Avenue, Ponoka, AB T4J1G6 in Central Ponoka, Ponoka, AB T4J1G6 is a multi family listed at $325,000. Highlights include 1,454 sq. ft., built in 1953, $224 per sq. ft.. Realty.ca has 47 photos, sales history, school insights, and mortgage tools for this listing.

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

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

The full address for this home is 5216 & 5218 56 Avenue, Ponoka, AB T4J1G6.

5216 & 5218 56 Avenue has been listed on Realty.com since Fri June 26, 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
Listing agent: Michael Gouchie

This content last refreshed on 2026-07-14 19:30:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.