Dedication | Focus | Loyalty
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$624,900
5402 54 Avenue
Lucas Heights, Ponoka
MLS® #A2283104
- 2,082 Sqft
- Built 1976
- Multi-family
- ✓ 4+ Parking Spaces
- ✓ Spacious Layout
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:66619)
Features
Interior
2,082 sqft
Parking
4 spaces
Heating
Forced air, Natural gas
Year Built
1976
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.