$325,000
FOR SALE

Multiplex Bungalow

Bedrooms: 4Bathrooms: 2Lot: 19.2 x 49.38 m

5218 & 5216 56 Ave
Ponoka, AB T4J 1G6

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. 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 agoComfort 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 removalBonus 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. (id:47421)
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Listed By Royal LePage Lifestyles Realty
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2268380
Last Updated Mar 25, 2026
Property Summary
Property Type Multiplex

More like this:
Community Central Ponoka
Price History

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Detailed Information
Bedrooms 4
Bathrooms 2
Lot 19.2 x 49.38 m
Amenities Nearby Schools, Shopping
Features Back lane
Listing Contract Date 2025-11-05
Municipal ID 0017267386
Ownership Type Freehold
# of Parking Spaces 4
Plan 1614Et
Property Type Multi-family
Structures Shed
Transaction Type For sale
Zoning Description R2
Building
Appliances Window/Sleeve Air Conditioner, Dishwasher, Stove, Oven, Window Coverings, Washer & Dryer
Architectural Style Bungalow
Basement Type Crawl space
Constructed Date 1953
Construction Material Wood frame
Construction Style (Attachment) Attached
Cooling Type Window air conditioner, Wall unit
Flooring Type Carpeted, Vinyl Plank
Foundation Type See Remarks
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1
Total Finished Area 1453.78 sqft
Rooms
Room Level Dimensions Notes
4pc BathroomMain levelMeasurements not available
4pc BathroomMain levelMeasurements not available
BedroomMain level9.00 Ft x 7.83 Ft
Dining roomMain level12.25 Ft x 6.92 Ft
KitchenMain level12.08 Ft x 10.17 Ft
Living roomMain level12.25 Ft x 9.50 Ft
Primary BedroomMain level12.58 Ft x 9.33 Ft
BedroomMain level8.92 Ft x 7.83 Ft
KitchenMain level12.33 Ft x 10.25 Ft
Living roomMain level16.42 Ft x 12.25 Ft
Primary BedroomMain level12.50 Ft x 9.42 Ft
Laundry roomMain level12.50 Ft x 7.92 Ft
Parking Spaces
Name Spaces
Detached Garage2
Other
Land
Total Size 0.22 acres
Amenities Schools, Shopping
Fence Type Fence, Partially fenced
Size of Irregular Land 0.22

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