5218 56 Avenue, Ponoka

  • Living area: 1454 square feet
  • Added: 1 month ago
  • Updated: 1 month ago
  • Last Checked: 19 hours ago
  • Listed by: Royal LePage Lifestyles Realty

Listing description
This Other at 5218 56 Avenue Ponoka, AB with the MLS Number a2269138 listed by Michael Gouchie - Royal LePage Lifestyles Realty on the Ponoka market 1 month ago at $350,000.

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 or another duplex.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 with silver 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:1945)
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Property Details Key information about 5218 56 Avenue
  • Cooling:
    • Window air conditioner
    • Wall unit
  • Heating:
    • Forced air
    • Natural gas
  • Stories: 1
  • Year Built: 1953
  • Structure Type: Multi-Family
  • Architectural Style: Bungalow
Interior Features Discover the interior design and amenities
  • Basement: Crawl space
  • Flooring:
    • Carpeted
    • Vinyl Plank
  • Living Area: 1454
  • Above Grade Finished Area: 1454
  • Above Grade Finished Area Units: square feet
Exterior & Lot Features Learn about the exterior and lot specifics of 5218 56 Avenue
  • Parking Total: 4
  • Parking Features: Detached Garage
Location & Community Understand the neighborhood and community
  • Common Interest: Freehold
  • Subdivision Name: Central Ponoka
Tax & Legal Information Get tax and legal details applicable to 5218 56 Avenue
  • Tax Lot: 3
  • Tax Year: 2025
  • Tax Block: A
  • Parcel Number: 0017267386
  • Tax Annual Amount: 1766.13
  • Zoning Description: R2
Additional Features Explore extra features and benefits
  • List A O R: Red Deer (Central Alberta)
  • List A O R Key: 25
  • Geocode Manual Y N: 1
  • Number Of Units Total: 2

Nearby Listings Stat Estimated price and comparable properties near 5218 56 Avenue

Active listings
40
Min Price
$45,000
Max Price
$3,998,500
Avg Price
$600,285
Days on Market
136 days
Sold listings
12
Min Sold Price
$75,000
Max Sold Price
$539,900
Avg Sold Price
$283,708
Days until Sold
175 days

Nearby Places Nearby schools and amenities around 5218 56 Avenue

Ponoka Composite High School (0.4 km)
6100 54 St, Ponoka

Woodlands Adventist School (0.6 km)
Ponoka

Mecca Glen School (0.6 km)
5030 51 Ave, Ponoka

Ponoka Alternative Supports School (0.6 km)
5030 51 Ave, Ponoka

Ponoka Elementary School (0.7 km)
4900 54 St, Ponoka

Ponoka Outreach School (0.8 km)
5010 49 Avenue, 50 49 Ave, Ponoka

Diamond Willow Middle School (1 km)
Ponoka

St Augustine School (1.2 km)
5520 45 Avenue Cr, Ponoka

Tim Hortons (0.4 km)
Hwy 2A, Ponoka

Perry's 2 For 1 Pizza & Pasta (0.7 km)
5020 50 Ave, Ponoka

Boston Pizza (1.1 km)
4820 60 St, Ponoka

Cilantro + Chive (1.8 km)
2-4213 Alberta 2 Alt, Ponoka

KFC (2.1 km)
4201 64 St, Ponoka

Extra Foods (1.9 km)
5561 Highway 53, Ponoka

Bob Ronnie Catering (2.1 km)
4110 64 St, Ponoka

Ponoka Meat Processors (2.3 km)
4207 67 St, Ponoka County No. 3

Ponoka Chrysler Jeep Dodge (2.5 km)
6510 39 Ave, Ponoka

Ponoka Industrial (Labrie Field) Airport (3.9 km)
Clive

Price History

November 5, 2025
by Royal LePage Lifestyles Realty
$350,000
5218 56 Avenue
More Details?
Michael Gouchie
  • Michael Gouchie
  • Royal LePage Lifestyles Realty
  • 403-348-9350
  • Website

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Comparison of 5218 56 Avenue, Ponoka, AB with Nearby Other
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Rural Wetaskiwin County Real Estate 58 $382,744
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