5402 54 Avenue, Ponoka
Investment opportunity in central Ponoka! Situated on a corner lot near schools, parks, shopping, and everyday amenities, this four-unit residential property offers the potential for multiple rental income streams from one location.Each unit features its own washer and dryer, a full 4-piece bathroom, and two separate exits. The property also provides convenient rear parking, along with additional street parking.Property features include newer eavestroughs, exterior paint, roof and some windows replaced approximately eight years ago, hot-water tanks updated within the past five years, and bathtubs replaced in two units. Interior paint, flooring, and electrical and plumbing work have also been completed over the years.With four separate units, a practical layout, and a convenient location, this property is a strong option for investors looking to expand their rental portfolio in Ponoka. (id:1945)
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Property details for 5402 54 Avenue, Ponoka
- Type
- Multi-family
- Living Area
- 2,082 square feet
- Parking
- Other
- Heating
- Forced air, Natural gas
- Ownership
- Freehold
- Annual Taxes
- $3,608 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 5402 54 Avenue
Active Listings
81
Min Price
$64,900
Max Price
$3,850,500
Avg Price
$528,737
Days on Market
106
days
Sold Listings
25
Min Sold Price
$60,000
Max Sold Price
$7,248,500
Avg Sold Price
$853,330
Days until Sold
98
days
Neighbourhood Census Data
Ponoka, Alberta
Population
483
Median Age
37.3
Median Income
$36,096
Dwelling Value
$240,300
Housing Tenure
Owners 73%
Renters 29%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 1,043.0/km²
Avg Shelter Cost: $1,169/mo
Owners with Mortgage: 60%
Owners Spending 30%+: 10%
Tenants Spending 30%+: 27.3%
English only: 97.9%
English and French: 2.1%
Median Household Income: $77,056
Median Employment Income: $34,816
Price History
Listed
July 12, 2026
by eXp Realty
Current Price
$595,000
-4.8% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $595,000 | $29,900 (-4.8%) |
| Sep 2, 2026 | $624,900 | Listed |
