5218 56 Avenue
Active Listing

5218 56 Avenue

5218 56 Avenue, Ponoka

keyboard_arrow_down
$325,000Price
1,454Sq Ft

Unique property with several different options available.

format_quote

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 or another duplex. 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 with silver 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.

Interactive Experience

Virtual Tour

Navigate through every room from anywhere in the world.

Virtual tour
Specifications

Property Details

Property TypeMulti-Family
Property SubtypeFull Duplex
StyleAttached-Side by Side,Bungalow
StructureDuplex
Transaction TypeFor Sale
Living Area1,454 sq ft
Living Area (m²)135.0 m²
Year Built1953
LevelsOne
Garage Spaces2
Parking Total4
Parking FeaturesDouble Garage Detached
HeatingForced Air,Natural Gas
CoolingWall/Window Unit(s)
FlooringCarpet,Vinyl Plank
BasementCrawl Space
RoofFlat Torch Membrane
Patio / PorchFront Porch
Price / Sq Ft$223.56
Annual Taxes$1,766 (2025)
ZoningR2
PossessionImmediate,Other/See Remarks,Subject To Tenancy
Title / LandFee Simple
Inclusionsfridge and stove x 2. Washer and dryer x 1. Dishwasher x 1. Window coverings x 2
Days on Market140
ListedNovember 5, 2025
NeighbourhoodCentral Ponoka
MLS NumberA2269138
The Location

Central Ponoka

5218 56 Avenue, Ponoka, Alberta, T4J 1G6

mapOpen in Maps
Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Royal LePage Lifestyles Realty.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $1,766. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2269138. Listed November 5, 2025. Listed by Royal LePage Lifestyles Realty.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: April 30, 2026.