CAABOlds4617 48 St
Listing image | Image 1
Link Copied

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

Contact eXp Realty Agent

Michael Stoner

Listing Agent

Michael Stoner

[email protected]
825-900-9695

Tour for free, no strings attached

Loading...

Similar Listings

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany Careers
eXp LifeZoocasaSuccessQuebec ListingsAccessibility
Terms and ConditionsPrivacy PolicyCookie PolicyModalitésPolitique de confidentialitéSitemap

800 - 1070 Douglas Street, Victoria, BC, V8W2C4

833-303-0610

[email protected]

eXp Realty.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. eXp Realty holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved