Active Listing

5402 54 Avenue

5402 54 Avenue, Ponoka

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$624,900Price
2,082Sq Ft

Investment opportunity in central Ponoka.

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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.

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Specifications

Property Details

Property TypeMulti-Family
Property Subtype4 plex
StructureFour Plex
Transaction TypeFor Sale
Living Area2,082 sq ft
Living Area (m²)193.0 m²
Year Built1976
Parking Total4
Parking FeaturesOff Street,Stall
HeatingForced Air,Natural Gas
FlooringLaminate,Vinyl Plank
RoofAsphalt Shingle
Price / Sq Ft$300.14
Annual Taxes$3,608 (2026)
ZoningR4
PossessionImmediate
Title / LandFee Simple
Inclusionsn/a
Days on Market32
ListedJuly 11, 2026
NeighbourhoodLucas Heights
MLS NumberA2283104
The Location

Lucas Heights

5402 54 Avenue, Ponoka, Alberta, T4J1L9

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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 eXp Realty.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2026 are $3,608. 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 A2283104. Listed July 11, 2026. Listed by eXp 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: August 30, 2026.