5418 and 5422 48 Avenue - Photo 1 of 47, Olds, Alberta
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$1,478,000

5418 and 5422 48 Avenue — Olds, Alberta

T4H1G4

3,754Sq Ft
9Parking
1975Built

About This Property

Fabulous location, walking distance to Olds College! Well maintained and managed, this property offers 2 - 4 plexes (2 bed, 1 bath units) on one title. Many capital cost expenditures done over the past 20 years: asphalt shingles - 15 years, windows and patio doors - 10 years, approx 6 of the 8 furnaces, hot water tanks as needed, electrical switches and outlets in 7 of the 8 units, decks redone, paint and flooring upgrades between tenancies. Each building features 2 main floor units, and 2 basement units. Photos are of 2 units when they were vacant, one main floor unit, and one basement unit. Building is fully occupied. 9 parking stalls, 8 of them energized. Tenants pay all utilities. Landlord pays garbage. Room to increase rents as some rents are below current market rates. (id:63357)

Property Details

Property Type
Detached
Living Area
3,754 sqft
Above Grade Area
3,754 sqft
Year Built
1975
Status
Active

Location & Neighborhood

What's nearby 5418 and 5422 48 Avenue

Lifestyle Summary

At 5422 48 Avenue in Olds, your daily life unfolds with a refreshing ease that embraces both nature and family-friendly adventures. With Olds High School just an 8-minute stroll away, mornings can begin with a leisurely walk, allowing you to savor the crisp air while your kids prepare for school. After drop-off, why not take a brief 2-minute walk to the nearby park for a peaceful moment of reflection or a quick chat with neighbors? This property invites you to integrate community and nature seamlessly into your routine. On weekends, the allure of the outdoors beckons. Just a short 5-minute stroll leads you to Centennial Park, where you can enjoy picnics with the family or stroll along scenic paths. Alternatively, the 3-minute walk to the other nearby park offers a perfect spot for an impromptu game of catch or simply enjoying the sunshine. If your family enjoys a bit more adventure, the 12-minute walk to Hartman Green provides ample space for outdoor activities and family gatherings, fostering a lifestyle rich in outdoor experiences. Culinary delights are also just around the corner. A mere 7-minute walk takes you to A & J Family Restaurant, where you can unwind over comfort food after a long week. For those evenings when cooking seems daunting, the South China Sea Restaurant and Zhu's Ginger Beef are both just 8 minutes away, offering a delicious escape into flavorful dishes. Imagine the convenience of enjoying a delightful meal without the need for a long drive, all while embracing the community vibe. Health and wellness are further supported with Rexall nearby, ensuring that your family's health needs are easily met. This address not only provides a peaceful sanctuary but also positions you in a vibrant tapestry of daily life, where nature, education, and culinary adventures intertwine effortlessly. Living at 5422 48 Avenue means every day is an opportunity to explore, connect, and thrive in your surroundings.

Nearby Schools

Parks & Recreation

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Last updated: Feb 27, 2026

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$1,478,000