Listing Courtesy of: PILLAR 9 - IDX / Listed By: eXp Realty
4617 48 Street Olds, AB T4H 1E2
Active
$317,527 (USD)
Description
MLS®:
A2340686
A2340686
Lot Size
557 SQFT
557 SQFT
Type
Single-Family Home
Single-Family Home
Year Built
1975
1975
Style
Bungalow
Bungalow
County
Mountain View County
Mountain View County
Listed By
Michael Stoner, eXp Realty
Source
PILLAR 9 - IDX
Last checked Aug 29 2026 at 1:31 AM GMT+0000
PILLAR 9 - IDX
Last checked Aug 29 2026 at 1:31 AM GMT+0000
Bathroom Details
- Full Bathrooms: 3
- Half Bathrooms: 2
Interior Features
- Appliances : Refrigerator
- Appliances : Stove(s)
- Appliances : Dishwasher
- Laundry/Utility Room : Main Level
- Appliances : Range Hood
- Appliances : Washer/Dryer
- Appliances : Window Coverings
- Laundry/Utility Room : In Basement
- Appliances : Washer/Dryer Stacked
- Bookcases
- Ceiling Fan(s)
- Closet Organizers
Subdivision
- None
Lot Information
- Back Lane
- Corner Lot
- Back Yard
- Front Yard
Property Features
- Fireplace: Total Fireplace(s) : 2 Wood Burning
- Foundation: Poured Concrete
Heating and Cooling
- Natural Gas
- None
Basement Information
- Full
Flooring
- Laminate
- Ceramic Tile
- Hardwood
Exterior Features
- Roof: Asphalt Shingle
- Roof: Metal
Garage
- Double Garage Detached
Parking
- Parking Pad
- Parking Space(s) : 6
Stories
- 1
Living Area
- 1,141 sqft
Location
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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. Used under license.
Upstairs offers 3 bedrooms and 2 full baths (including ensuite). The legal basement suite includes 3 bedrooms and 1.5 baths. Both units have their own washer and dryer, and utilities plus day-to-day property care are tenant responsibility.
Tenants are now in place at increased market rents — [$1900/month upper, $1475/month basement] — giving investors an immediate bump in day-one cash flow over the prior rent roll.
Parking is a standout for this property with two off-street driveways. This provides private parking for each unit with 4 stalls dedicated to the basement unit and 4 stalls plus the garage for the upper unit, plus street parking out front.
Investors will appreciate the long-term optionality. The site carries higher-density zoning (historically R3, now consolidated into the Town’s Mixed Use framework), supporting future redevelopment or added density where approved. New tenants in place at market rent and the approved garage suite adds a second lever for those looking for a medium-term redevlopment. Note: current tenants do not smoke indoors, however a mild residual smoke odor is present in parts of the home.