A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 5121 54 ST, Elk Point Alberta T0A1A0
6 days on Market

5121 54 ST, Elk Point, Alberta T0A1A0

Detached
1
1
~1950 sqft
$1,250,000
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Detached
1
1
~1950 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$641/sqft

Monthly cost

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Description

A rare and compelling opportunity for the savvy investor. This package of four 4-plex buildings in the town of Elk Point delivers 16 rental units in a market defined by low supply and strong demand — the ideal conditions to build lasting income and long-term wealth. With residential rentals at a premium in smaller Alberta communities, this is your chance to secure a foothold and watch your portfolio flourish. Elk Point offers a full range of amenities including schools, hospital, banking, groceries, fuel, small businesses, and excellent recreational facilities — everything tenants need, right in town. Ideally situated just 25 minutes from St. Paul, one hour from the booming city of Cold Lake, and three hours from Edmonton. Strong location. Strong demand. Strong returns. (id:39198)


Property Details

StyleFourplex
View-
Age of property1979
SqFt~1950 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberE4485832
Community NameElk Point
Data SourceCREA
Listing byCentury 21 Poirier Real Estate

Features

Heating: Forced air
Basement: Finished, Full

Main level Floor

Primary Bedroom


Property History

May 5, 2026
ListedActive
$1,250,000
6 days on market
history photo preview1
Listing by crea®
Property listed by Century 21 Poirier Real Estate, Brokerage
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Market Data - Elk Point

Geo Zone Map ThumbnailElk Point

Strong Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

0 day

2023

0 day

New Listings

Past 30 days

2 listings

Compared to

2025

2 listings

2024

4 listings

2023

0 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 1025
Average household income $111,393

Age (%)

0 to 19
26%
20 to 34
18%
35 to 49
19%
50 to 64
19%
65 and plus
18%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
86%
Tagalog (Pilipino, Filipino)
3%
French
2%
Ukrainian
2%
Cree
2%
Others
2%
Ilocano
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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