5113 56 Avenue, Olds

5pc Bathroom - 5113 56 Avenue, Olds, AB T4H1H8 Photo 1

36 Photos

Bedroom - 5113 56 Avenue, Olds, AB T4H1H8 Photo 2
Bedroom - 5113 56 Avenue, Olds, AB T4H1H8 Photo 3
Dining room - 5113 56 Avenue, Olds, AB T4H1H8 Photo 4
Kitchen - 5113 56 Avenue, Olds, AB T4H1H8 Photo 5
Laundry room - 5113 56 Avenue, Olds, AB T4H1H8 Photo 6
Living room - 5113 56 Avenue, Olds, AB T4H1H8 Photo 7
  • Bedrooms: 6
  • Bathrooms: 3
  • Living area: 1615.97 square feet
  • MLS®: a2125002
  • Type: Residential
  • Added: 14 days ago

Property Details

Welcome to this remarkable property offering endless possibilities! Situated on two spacious lots (subdivided and included as a package deal), this large bungalow presents a rare opportunity for versatile living with a fully fenced and landscaped yard. Both lots are a nice size with the first lot (home built on it) is 72’x 108’ and the second is 50’x 108’, making it easy to build a second home. The lots have privacy, a large front yard set back and there is potential to add to extra space to the second lot. Step inside to discover a bright and airy interior featuring 2 large bedrooms plus an office/den that could easily serve as a third bedroom. The inviting living room opens seamlessly to the dining area and highlighted by a charming brick fireplace and hardwood flooring, creating the perfect ambiance for cozy gatherings. The heart of the home, the main floor kitchen, beckons with its wrap-around cabinetry, island, and gas stove complemented by a stylish glass block backsplash. A spacious mud room/flex room offers access to the double attached garage, adding to the functionality of the space. Convenience meets potential with the main floor laundry room, shared by all units and providing separate access to the two illegal suites in the basement. Downstairs, you'll find a fully developed area featuring a one-bedroom illegal suite complete with a 3-piece bathroom, large bedroom, and a kitchenette that opens to the living room and eating area. Across the hall, discover another two-bedroom illegal suite boasting ample storage, a kitchen with peninsula, two generously sized bedrooms, and a 4-piece bathroom, offering comfortable accommodations for residents. This property truly stands out with its unique layout and endless possibilities. Whether you're looking for a multi-generational living space, rental income potential, or the flexibility to customize to your needs, this property has it all. Don't miss out on this one-of-a-kind opportunity—schedule your viewing today! ! (id:1945)

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Property Information

  • Tax Lot: 11
  • Cooling: None
  • Heating: Baseboard heaters, Natural gas, Hot Water
  • List AOR: Calgary
  • Stories: 1
  • Tax Year: 2023
  • Basement: Finished, Full
  • Flooring: Hardwood, Laminate, Ceramic Tile
  • Tax Block: 45
  • Year Built: 1956
  • Appliances: Refrigerator, Gas stove(s), Dishwasher, Stove, Window Coverings, Washer & Dryer
  • Living Area: 1615.97
  • Photos Count: 36
  • Lot Size Units: square meters
  • Parcel Number: 0034149161
  • Parking Total: 4
  • Bedrooms Total: 6
  • Structure Type: House
  • Common Interest: Freehold
  • Fireplaces Total: 1
  • Parking Features: Attached Garage
  • Tax Annual Amount: 3420
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 1173.91
  • Zoning Description: R1
  • Architectural Style: Bungalow
  • Construction Materials: Wood frame
  • Above Grade Finished Area: 1615.97
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
5pc Bathroom Main level
Bedroom Main level 7.33 Ft x 13.08 Ft
Bedroom Main level 11.58 Ft x 12.25 Ft
Dining room Main level 9.42 Ft x 11.58 Ft
Kitchen Main level 10.00 Ft x 13.00 Ft
Laundry room Main level 6.83 Ft x 9.08 Ft
Living room Main level 25.75 Ft x 13.67 Ft
Other Main level 9.92 Ft x 19.83 Ft
Primary Bedroom Main level 11.25 Ft x 14.25 Ft
3pc Bathroom Basement
4pc Bathroom Basement
Bedroom Basement 11.58 Ft x 13.92 Ft
Bedroom Basement 11.75 Ft x 8.50 Ft
Bedroom Basement 9.92 Ft x 10.50 Ft
Family room Basement 11.42 Ft x 13.67 Ft
Family room Basement 14.08 Ft x 13.83 Ft
Kitchen Basement 6.83 Ft x 13.67 Ft
Kitchen Basement 12.58 Ft x 13.67 Ft
Furnace Basement 5.42 Ft x 12.08 Ft
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Nearby Places

Name Type Address Distance
Cam Clark Ford Olds Car dealer 5642 46 St 0.3 km
Smitty's Restaurant Restaurant 4513 52 Ave #18 0.6 km
Sobeys Grocery or supermarket 6700 46 St 0.8 km
Granny Jacks Restaurant 5303 50 Ave 0.9 km
Ramada Lodging 6700 46 St 1.4 km
Olds College University 4500 50 St 1.5 km
Boston Pizza Restaurant 4520 46 St 1.6 km
BEST WESTERN Of Olds Lodging 4520 46 St 1.6 km
Olds High School School 4500 50 St 1.7 km
Olds (Netook) Airport Airport Bowden 7.2 km
Olds-Didsbury Airport Airport Didsbury 9.0 km
Didsbury (Vertical Extreme Skydiving) Aerodrome Vertical Extreme Skydiving has moved to Vulcan, Al... 17.6 km
Similar Houses Stat in Olds
We have found 6 Houses that closely match the specifications of the property located at 5113 56 Avenue with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 495,000 and 789,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the T4H1H8 postal code area of Olds Alberta Canada.
5113 56 Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5113 56 Avenue. The current price of the property is $579,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $463,920. This would result in a monthly mortgage payment of $2,712 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 20
University / Above bachelor level 10
Certificate of Qualification 15
College 60
University degree at bachelor level or above 30

Neighbourhood Marital Status Stat

Married 160
Widowed 30
Divorced 25
Separated 5
Never married 110
Living common law 35
Married or living common law 190
Not married and not living common law 165

Neighbourhood Construction Date

1961 to 1980 75
2001 to 2005 25
1960 or before 70
Comparison of 5113 56 Avenue, Olds, AB with Nearby Houses
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Calgary Homes for Sale 2653 $809.425
Edmonton Homes for Sale 3923 $636.394
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Vernon Homes for Sale 865 $839.709
Kelowna Homes for Sale 1414 $1.128.749
West Kelowna Homes for Sale 409 $953.035
Kamloops Homes for Sale 738 $799.116
Penticton Homes for Sale 614 $809.837
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