4314 54 Avenue , Olds

$295,000

3 Beds
2 Baths
944 Sqft
.17 Acres
0 Garages

**Open House April 18th 2PM-5PM**Opportunities like this are getting harder to find. A detached home under $300,000 in Olds is one thing, but finding one that has actually been maintained, cleaned up, and had the expensive items already taken care of is another. Owned by the same family for over 20 years, this property shows clear pride of ownership throughout. Major exterior components have already been addressed, including newer soffits, eavestroughs, exterior doors, and extensive fencing, along with the majority of the windows upgraded to vinyl. In a price range where many properties come with deferred maintenance and hidden costs, this one stands out immediately. Sitting on a 7,500+ square foot west-facing lot, the potential outside is just as strong as inside. There is more than enough room to build a full 24x24 garage, or even explore a larger shop-style setup, while still maintaining a functional yard. The mature trees, new fencing, and rear access create a layout that works whether you are thinking long term for personal use or looking to add value over time. Inside, the main floor offers just under 1,000 square feet with three bedrooms, 4-Piece bathroom, updated flooring, fresh paint, and a clean, functional layout that is completely livable as-is. Downstairs is where the real upside comes into play. With a separate entrance and a partially finished basement already framed, drywalled, and complete with a full bathroom, the heavy lifting has been started. For buyers looking at rental potential, this layout makes it very feasible to create additional living space and increase overall income, subject to municipal approvals. In a town like Olds where rental demand remains strong, the ability to generate income from both levels at this price point is a rare find. Whether you are looking to live in it and offset your mortgage, hold it as a long-term investment, or continue improving it to maximize resale, this property offers multiple paths to create value. Clean, maintained homes with this kind of flexibility and upside do not come up often in this price range. Opportunities like this don’t sit long. Contact directly to book your private viewing.

Essential Information
MLS® #A2285037
Price$295,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage944
Acres0.17
Year Built1968
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address4314 54 Avenue
SubdivisionNONE
CityOlds
CountyMountain View County
ProvinceAlberta
Postal CodeT4H 1B6
Amenities
Parking Spaces4
Parking

Alley Access, Carport, Off Street

Interior
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFull
Interior Features

Pantry, Separate Entrance, Sump Pump(s), Vinyl Windows

Appliances

Dryer, Electric Stove, Microwave Hood Fan, Refrigerator

Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt Shingle
FoundationBlock
Lot Description

Back Lane, Back Yard, Front Yard, Lawn, Level, Low Maintenance Landscape, Private, Rectangular Lot

Construction

Asphalt, Cement Fiber Board, Stucco, Wood Frame

Additional Information
ZoningR2
Listing Details
OfficeReal Broker
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