4902 51 Avenue, Olds

Living room - 4902 51 Avenue, Olds, AB T4H1H3 Photo 1

36 Photos

Kitchen - 4902 51 Avenue, Olds, AB T4H1H3 Photo 2
Bedroom - 4902 51 Avenue, Olds, AB T4H1H3 Photo 3
4pc Bathroom - 4902 51 Avenue, Olds, AB T4H1H3 Photo 4
Bedroom - 4902 51 Avenue, Olds, AB T4H1H3 Photo 5
Living room - 4902 51 Avenue, Olds, AB T4H1H3 Photo 6
Kitchen - 4902 51 Avenue, Olds, AB T4H1H3 Photo 7
  • Bedrooms: 6
  • Bathrooms: 3
  • Living area: 4420 square feet
  • MLS®: a2114323
  • Type: Townhouse
  • Added: 42 days ago

Property Details

Discover an exceptional investment opportunity with this downtown triplex, with revenue potential. Comprising three legal suites, this property boasts versatility and convenience. The first main floor legal suite features two bedrooms, a 4-piece bath, a cozy living room, and kitchen, with a private entrance to the backyard. The second, main floor legal suite offers one bedroom, a 4-piece bath, an updated kitchen, and a living room. With its own private entrance to a charming deck. Shared laundry facilities on the main floor provide practicality. The third legal suite, which is the entire second floor, presents three bedrooms plus a bonus room with a walk-in closet, a spacious kitchen, a large living room, and a 4-piece bath. The property is complete with a beautiful fenced backyard and three dedicated parking spots. Perfectly situated downtown, close to shopping and restaurants, this triplex is an enticing investment opportunity. Come explore the potential of this income-generating property firsthand. (id:1945)

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Property Information

  • Tax Lot: 19
  • Cooling: None
  • Heating: Forced air, Natural gas
  • Stories: 2
  • Tax Year: 2023
  • Basement: Unfinished, See Remarks
  • Flooring: Hardwood, Laminate, Carpeted, Linoleum
  • Tax Block: 19
  • Year Built: 1900
  • Appliances: Refrigerator, Range - Electric, Washer & Dryer
  • Living Area: 4420
  • Lot Features: See remarks
  • Photos Count: 36
  • Lot Size Units: square feet
  • Parcel Number: 0020772943
  • Parking Total: 3
  • Bedrooms Total: 6
  • Structure Type: Row / Townhouse
  • Common Interest: Freehold
  • Parking Features: Parking Pad, Other
  • Tax Annual Amount: 2725.09
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 6386.00
  • Zoning Description: C1
  • Construction Materials: Wood frame
  • Above Grade Finished Area: 4420
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
Living room Main level 9.67 Ft x 12.67 Ft
Kitchen Main level 13.17 Ft x 6.75 Ft
Bedroom Main level 9.42 Ft x 11.50 Ft
4pc Bathroom Main level 8.08 Ft x 7.25 Ft
Bedroom Main level 7.25 Ft x 10.83 Ft
Living room Main level 14.42 Ft x 9.42 Ft
Kitchen Main level 10.75 Ft x 6.42 Ft
Bedroom Main level 10.42 Ft x 8.50 Ft
3pc Bathroom Main level 14.17 Ft x 4.42 Ft
Living room Second level 14.42 Ft x 15.00 Ft
Kitchen Second level 14.33 Ft x 12.25 Ft
Bonus Room Second level 14.00 Ft x 7.92 Ft
4pc Bathroom Second level 7.08 Ft x 7.67 Ft
Bedroom Second level 8.42 Ft x 9.58 Ft
Bedroom Second level 10.08 Ft x 8.67 Ft
Bedroom Second level 10.25 Ft x 12.00 Ft
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Nearby Places

Name Type Address Distance
Smitty's Restaurant Restaurant 4513 52 Ave #18 0.3 km
Granny Jacks Restaurant 5303 50 Ave 0.5 km
Cam Clark Ford Olds Car dealer 5642 46 St 0.8 km
Olds College University 4500 50 St 0.8 km
Boston Pizza Restaurant 4520 46 St 0.9 km
BEST WESTERN Of Olds Lodging 4520 46 St 0.9 km
Olds High School School 4500 50 St 1.1 km
Sobeys Grocery or supermarket 6700 46 St 1.4 km
Ramada Lodging 6700 46 St 2.0 km
Olds (Netook) Airport Airport Bowden 6.8 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
4902 51 Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 4902 51 Avenue. The current price of the property is $549,900, 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 $439,920. This would result in a monthly mortgage payment of $2,571 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 25
Certificate of Qualification 15
College 65
University degree at bachelor level or above 30

Neighbourhood Marital Status Stat

Married 200
Widowed 120
Divorced 60
Separated 20
Never married 105
Living common law 40
Married or living common law 240
Not married and not living common law 305

Neighbourhood Construction Date

1961 to 1980 110
1981 to 1990 10
2001 to 2005 30
2006 to 2010 30
1960 or before 95
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