$ 425,000

5509 57 Avenue, Olds

Located in a great neighborhood close to schools, this spacious 5-bedroom bungalow offers a functional layout that's perfect for families. The main floor features two bedrooms, including a primary bedroom complete with a walk-in closet and 3-piece ensuite. A second full 4-piece bathroom and convenient main floor laundry add to the home's practicality. The bright kitchen with adjoining eating area has door to L-shaped deck, the living room has a cozy wood-burning fireplace perfect for those cool nights.The fully developed basement offers three additional bedrooms, a 4-piece bathroom, a large family room with a second wood-burning fireplace, and an abundance of storage space. Recent updates include luxury vinyl plank flooring throughout the basement, two new furnaces (2021), and new shingles and fencing (2025), providing peace of mind for years to come.With plenty of space for a growing family and an excellent location near schools and amenities, this home is ready for its next owners. (id:1945)
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Property details for 5509 57 Avenue, Olds

Type
Residential
Style
Bungalow
Bedrooms
5
Bathrooms
3
Living Area
1,271 square feet
Lot Size
586.77
Stories
1
Basement
Finished, Full
Parking
Attached Garage
Heating
Forced air
Cooling
None
Exterior
Brick, Vinyl siding
Ownership
Freehold
Annual Taxes
$3,122 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 5509 57 Avenue

Active Listings
4
Min Price
$425,000
Max Price
$869,000
Avg Price
$679,725
Days on Market
54
days
Sold Listings
4
Min Sold Price
$509,900
Max Sold Price
$695,000
Avg Sold Price
$600,200
Days until Sold
38
days

Neighbourhood Census Data

Olds, Alberta

Population
480
Median Age
45.4
Median Income
$39,296
Dwelling Value
$347,772

Housing Tenure

Owners 87%
Renters 14%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.6
Pop. Density: 2,587.6/km²
Avg Shelter Cost: $1,390/mo
Owners with Mortgage: 60.6%
Owners Spending 30%+: 12.1%
Tenants Spending 30%+: 0%
English only: 93.8%
English and French: 6.3%
Neither: 1%
Median Household Income: $90,368
Median Employment Income: $37,760

Price History

Listed
July 23, 2026
by Coldwell Banker Vision Realty
Current Price
$425,000
-5.3% from last change
Type
Residential
For Sale
Price Changes
1
Date Price Change
Current $425,000 $24,000 (-5.3%)
Aug 27, 2026 $449,000 Listed

Contact Agent Get in touch about 5509 57 Avenue, Olds

Kathy LaFreniere
Coldwell Banker Vision Realty