4314 54 Avenue, Olds, Alberta T4H 1B6 New

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$295,000

Opportunities like this are getting harder to find. A detached home under $300,000 in Olds is one thing, but finding one that has actually been maintained, cleaned up, and had the expensive items already taken care of is another. Owned by the same family for over 20 years, this property shows clear pride of ownership throughout. Major exterior components have already been addressed, including newer soffits, eavestroughs, exterior doors, and extensive fencing, along with the majority of the windows upgraded to vinyl. In a price range where many properties come with deferred maintenance and hidden costs, this one stands out immediately. Sitting on a 7,500+ square foot west-facing lot, the potential outside is just as strong as inside. There is more than enough room to build a full 24x24 garage, or even explore a larger shop-style setup, while still maintaining a functional yard. The mature trees, new fencing, and rear access create a layout that works whether you are thinking long term for personal use or looking to add value over time. Inside, the main floor offers just under 1,000 square feet with three bedrooms, 4-Piece bathroom, updated flooring, fresh paint, and a clean, functional layout that is completely livable as-is. Downstairs is where the real upside comes into play. With a separate entrance and a partially finished basement already framed, drywalled, and complete with a full bathroom, the heavy lifting has been started. For buyers looking at rental potential, this layout makes it very feasible to create additional living space and increase overall income, subject to municipal approvals. In a town like Olds where rental demand remains strong, the ability to generate income from both levels at this price point is a rare find. Whether you are looking to live in it and offset your mortgage, hold it as a long-term investment, or continue improving it to maximize resale, this property offers multiple paths to create value. Clean, maintained homes with this kind of flexibility and upside do not come up often in this price range. Opportunities like this don’t sit long. Contact directly to book your private viewing. (id:55577)

Property Features

  • MLS® Number A2285037
  • Price $295,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 944 sqft
  • Property Type: House
  • Amenities Near By Park, Playground, Schools
  • Features Back Lane, Pvc Window, Level
  • Parking Space Total 4
  • Plan 4904jk
  • Structure Deck

Buildings

Bathroom Total 2 Bedrooms Above Ground 3
Bedrooms Total 3 Appliances Refrigerator, Stove, Dryer, Microwave Range Hood Combo
Architectural Style Bungalow Basement Development Partially Finished
Basement Features Separate Entrance Basement Type Full (partially Finished)
Constructed Date 1968 Construction Material Wood Frame
Construction Style Attachment Detached Cooling Type None
Exterior Finish Asphalt, Stucco Flooring Type Laminate
Foundation Type Block Heating Fuel Natural Gas
Heating Type Forced Air Stories Total 1
Size Interior 944 Sqft Total Finished Area 944.02 Sqft
Type House

Parking

Carport
Other

Land

Acreage No Fence Type Fence
Land Amenities Park, Playground, Schools Landscape Features Lawn
Size Depth 40.23 M Size Frontage 17.42 M
Size Irregular 7550.00 Size Total 7550 Sqft|7,251 - 10,889 Sqft
Size Total Text 7550 Sqft|7,251 - 10,889 Sqft Zoning Description R2

Rooms

Level Type Dimensions
Basement 3pc Bathroom 7.83 Ft x 4.92 Ft
Basement Den 10.75 Ft x 10.00 Ft
Basement Recreational, Games Room 17.42 Ft x 25.92 Ft
Basement Storage 10.92 Ft x 11.67 Ft
Basement Furnace 7.83 Ft x 15.33 Ft
Main Level 4pc Bathroom 9.00 Ft x 4.92 Ft
Main Level Bedroom 11.58 Ft x 9.00 Ft
Main Level Bedroom 8.25 Ft x 10.08 Ft
Main Level Kitchen 12.25 Ft x 17.33 Ft
Main Level Living Room 12.92 Ft x 17.33 Ft
Main Level Primary Bedroom 9.00 Ft x 12.42 Ft

Agents and Offices

  • Reilly Nicholls
  • Sydney Everingham
  • Office: Real Broker

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