pillar/IMG-A2323845_1.jpg
1 day on Market

5542 Prairie Ridge Ave, Blackfalds, Alberta T4M 0C2

Townhouse
3
2 + 1
~1292.00 sqft
$319,900
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Townhouse
3
2 + 1
~1292.00 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$247/sqft

Monthly cost

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Description

This well maintained 2 storey townhome is an excellent opportunity for investors, offering a tenant already in place with a lease secured through June 2027. Situated close to shopping, restaurants, schools, across the street from a park, and steps to walking trails and other everyday amenities, this property is located in a convenient, family friendly location and is a great addition to any investment portfolio. Step inside to a bright and functional main floor featuring a spacious front living room that flows through to the kitchen and dining areas. The kitchen offers oak cabinetry, plenty of counter space, a pantry, and an eating bar for casual meals or entertaining. The adjoining dining area provides access to the rear deck and fully fenced backyard, while a convenient 2 pce powder room completes the main level. Upstairs you'll find three bedrooms, including a spacious primary suite with a walk-in closet, while two additional bedrooms share the well appointed 4 pce bathroom. The unfinished basement offers excellent potential for future development, with room to add additional living space, a bedroom, or family room if desired. Outside, the fully fenced backyard offers plenty of green space along with a raised deck for outdoor enjoyment. A large swing gate at the rear fence provides access to a designated RV or boat parking area, offering added flexibility, and the attached garage and front driveway provide ample off street parking. Whether you're looking to add to your investment portfolio or purchase a property with a tenant already in place, this is an excellent turn key opportunity! Current lease is $1695/mo and tenant pays all utilities.


Property Details

Style2 Storey
View-
Age of property2009
SqFt~1292.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2323845
Community NameBlackfalds
Data SourcePILLAR 9
Listing byRE/MAX real estate central alberta

Features

Heating: Forced Air,Natural Gas
Basement: Full,Unfinished,None

Main Floor

Living Room

15`5" x 12`7"

Dining Room

10`1" x 9`11"

Kitchen

9`1" x 11`11"

2pc Bathroom

5`5" x 5`0"


Features

Patio: Deck

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

Jun 26, 2026
ListedActive
$319,900
1 day on market
history photo preview24
Listing by pillar 9®
Property listed by RE/MAX real estate central alberta, Brokerage
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Market Data - Blackfalds

Geo Zone Map ThumbnailBlackfalds

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2025

23 days

2024

21 days

2023

21 days

New Listings

Past 30 days

4 listings

Compared to

2025

5 listings

2024

6 listings

2023

4 listings

Units sold

Past 30 days

2 units

Compared to

2025

7 units

2024

6 units

2023

3 units

Median Sold Price

Past 30 days

$335,950

Compared to

2025

$325,000

2024

$319,900

2023

$208,000


Population and Demographics

Overview

Total population 9243
Average household income $117,001

Age (%)

0 to 19
32%
20 to 34
25%
35 to 49
24%
50 to 64
13%
65 and plus
6%

Household composition (%)

Single family
74%
Single person
20%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
78%
Renters
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget