CAABOlds4617 48 St
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4617 48 St, Olds, AB

House

For Sale

Listed price in listed location currency (CAD).
$450,000

656

MLS® A2282536

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1141 sqft
Garage Yes
Taxes 
Days Active 57
Lot Size 
Approx. Age 1975
Avg. Price Per Sqft $394
MLS® Number A2282536

Property Address: 4617 48 St, Olds, AB, T4H1E2

Average square foot calculated using Size range provided by listing agent.

Description

Great investor focused, cash-flowing investment opportunity. This bungalow is built for the investor who wants day-one revenue with clear upside: a fully legal basement suite plus a transferable development permit for a third suite in the garage (perfect for a room-by-room strategy with consistent rental demand tied to Olds College). 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, keeping the operating model clean. Parking is a differentiator here: two off-street driveways set up private parking for each unit, with 2 stalls dedicated to the basement suite and 4 stalls plus the garage for the upper suite, 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. Current rents are below market, offering a straightforward path to increased cash return, and the approved garage suite adds a second lever (see attached cash flow scenarios). Available vacant or fully tenanted, depending on your strategy.
MLS® NumberA2282536
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1975
BasementFull
DrivewayDouble Garage Detached, Parking Pad
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Other:BasementNot available
Other:Main FloorNot available
Other:Main FloorNot available
Other:Main FloorNot available
Dining Room:Main FloorNot available
Other:BasementNot available
Kitchen:BasementNot available
Other:BasementNot available
Other:Main FloorNot available
Other:Main FloorNot available
Other:BasementNot available
Living Room:BasementNot available
Other:Main FloorNot available
Other:BasementNot available
Other:BasementNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 27, 2026List Date
$450,000List Price
-End Date
Not Sold YetSold Price

For Sale

Feb 27, 2026List Date
$450,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
4617 48 St, Olds, AB

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Michael Stoner

Listing Agent

Michael Stoner

[email protected]
825-900-9695
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