JN REAL ESTATE GROUP

Central Ponoka

LIST PRICE

$325,000

5218 & 5216 56 Ave , Ponoka · T4J 1G6

4 BEDROOMS · 2 BATHROOMS · 1,454 SQFT · BUILT 1953

MLS A2324571 · 15 DAYS ON MARKET

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JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.

RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

7.24% Cap rate once new rents are implemented. 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 with a secondary suite. 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 ago Comfort 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 topped with aluminized silver reflective 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 removal Bonus 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.

DETAILS

INTERIOR

BEDROOMS
4
FULL BATHS
2
HALF BATHS
0
LIVING AREA (SQFT)
1,454
FEATURES
Open Floorplan
APPLIANCES
Dishwasher · Electric Stove · Oven · Wall/Window Air Conditioner · Washer/Dryer · Window Coverings
FLOORING
Carpet · Vinyl Plank
BASEMENT
Crawl Space

BUILDING

TYPE
Full Duplex
STYLE
Attached-Side by Side · Bungalow
YEAR BUILT
1953
NEW CONSTRUCTION
No
CONSTRUCTION
Wood Frame
ROOF
Flat Torch Membrane
FOUNDATION
Other

PARKING

GARAGE SPACES
2
TOTAL PARKING
4
PARKING
Double Garage Detached · Off Street

LOT & EXTERIOR

LOT SIZE (SQFT)
9,583
LOT SIZE (ACRES)
0.22
LOT
Back Lane · Back Yard · Front Yard · Irregular Lot
EXTERIOR
Private Yard
PATIO & PORCH
Front Porch
FENCING
Fenced · Partial

COMMUNITY

COMMUNITY
Central Ponoka
COMMUNITY FEATURES
Schools Nearby · Shopping Nearby · Sidewalks · Street Lights
ZONING
R2
POSTAL CODE
T4J 1G6

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
COOLING
Wall/Window Unit(s)
ANNUAL TAXES
$2,518

LISTING COURTESY OF MICHAEL GOUCHIE · ROYAL LEPAGE LIFESTYLES REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.