5402 54 Avenue , Ponoka, Alberta

$624,900

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2,082

Square feet

About 5402 54 Avenue

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.

Features of 5402 54 Avenue

MLS® # A2283104
Price $624,900
Square Footage 2,082
Year Built 1976
Type Multi-Family
Sub-Type 4 plex
Status Active

Community Information

Address 5402 54 Avenue
Subdivision Lucas Heights
City Ponoka
County Ponoka County
Province Alberta
Postal Code T4J1L9

Amenities

Parking Spaces 4
Parking Off Street, Stall
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No
Has Basement No

Exterior

Roof Asphalt Shingle

Additional Information

Date Listed July 11th, 2026
Days on Market 36
Zoning R4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty

Listing Map

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