Property Information:

Rare full duplex opportunity in the heart of Olds! Whether you're an investor seeking a strong addition to your portfolio or a savvy buyer looking to live in one side while generating income from the other, this fully developed side-by-side duplex delivers exceptional versatility, strong rental appeal, and long-term value. Located in the heart of town, this property is just minutes from Olds College, schools, shopping, restaurants, parks, and healthcare services. With consistent demand for quality rental housing and limited availability of newer multi-family properties in the area, opportunities like this are increasingly difficult to find. Built in 2013 and exceptionally well maintained, this property shows clear pride of ownership throughout. Situated on a spacious 7,000+ sq. ft. lot, each unit offers over 1,200 sq. ft. on the main floor plus a fully developed basement with 9-foot ceilings, creating bright, functional, and highly desirable living spaces. Each side features a total of 4 bedrooms and 2 full bathrooms, providing strong accommodation for families, students, or long-term tenants. The combination of modern construction, generous square footage, and well-kept condition makes this a truly turnkey investment. One side is currently rented while the other is vacant, offering immediate flexibility to place a tenant at current market rates or move in and let the other unit help offset ownership costs. Whether your goal is generating reliable cash flow, building long-term equity, reducing your monthly carrying costs through rental income, or expanding your real estate portfolio, this full duplex offers the flexibility, scale, and income potential to help you get there. Don't miss your chance to secure a high-quality, well-maintained revenue property.

Inclusions: Dishwasher x 2, Electric range x 2, microwave hood fan x 2, refrigerator x 2

Building Features:

Total Finished Area: 2418.00

Property Features:

Bedrooms: 4+4
Bathrooms: 4+0
Architectural Style: Side by Side, Bungalow
Built in: 1937
Construction Materials: Vinyl Siding, Wood Frame
Cooling: None
Exterior Features: Lighting, Private Entrance, Private Yard
Floor Space (approx): 2418.00 Square Feet
Flooring: Carpet, Linoleum
Foundation Details: Poured Concrete
Heating: Forced Air
Interior Features: Ceiling Fan(s), Central Vacuum, Laminate Counters, Sump Pump(s), Walk-In Closet(s)
Levels: One
Lot Size: 7673.00 Square Feet
Parking Features: Off Street
Roof: Asphalt Shingle
Zoning: R2
No. of Parking Spaces: 4

Courtesy of: RE/MAX House of Real Estate

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Demographic Information of 4425 55 Avenue, Olds, AB, T4H 1B9

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$112,463.30

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.52 %

High school certificate or equivalent

33.87 %

Apprenticeship trade certificate/diploma

12.59 %

College/non-university certificate

24.38 %

University Degree

11.64 %

Commuter

Travel To Work

By Car

94.19 %

By Public Transit

0.0 %

By Walking

3.07 %

By Bicycle

0.0 %

By Other Methods

2.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.93 %

Houses

80.07 %

4425 55 Avenue, Olds, AB, T4H 1B9