pillar/IMG-A2203135_1.jpg
56 days on Market

5013 44 Ave, Ponoka, Alberta T4J1J6

Detached
1 + 1
1
~580.00 sqft
$•••,•••
$99,500
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Detached
1 + 1
1
~580.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$171/sqft

Est. Mortgage$427/mo

Tax Amount (2024)$1,157/yr

Days On Market56 days


Description

Looking to expand your rental portfolio or find a home you can fix up and make your own—all at a great price? In today’s tight housing market, opportunities like this don’t come along often! This charming older home is full of potential and located in a welcoming neighborhood in the growing community of Ponoka. Rental demand here is strong, and with its convenient location—just [50 mins distance from Edmonton] and 35 minutes from Red Deer—it’s a great choice for commuters. Recent updates include upgraded plumbing, with galvanized potable water lines replaced by PEX, along with new shutoffs and a self-draining outdoor tap. The main floor has been freshly painted, giving the space a clean, bright feel. Included in the sale are a fridge, stove, and an LED remote-control ceiling fan in the bedroom. Sitting on a 125’ x 50’ lot, this property offers plenty of space for a future garage, garden, or shed. Plus, with R2 zoning, it’s perfect for building a duplex—an excellent opportunity for investors looking to maximize rental income.


Property Details

StyleBungalow
View-
Age of property1912
SqFt~580.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2203135
Community NamePonoka
Data SourcePILLAR 9
Listing byeXp Realty

Features

Heating: Forced Air,Natural Gas
Basement: Full,Partially Finished

Basement Floor

4pc Bathroom

Bedroom

11`5" x 7`5"


Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Mar 17, 2025
ListedActive
$99,500
56 days on market
history photo preview10
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
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Market Data - Ponoka

Geo Zone Map ThumbnailPonoka

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

66 days

Compared to

2024

21 days

2023

64 days

New Listings

Past 30 days

17 listings

Compared to

2024

24 listings

2023

13 listings

Units sold

Past 30 days

7 units

Compared to

2024

8 units

2023

13 units

Median Sold Price

Past 30 days

$320,000

Compared to

2024

$262,000

2023

$238,000


Population and Demographics

Overview

Total population 6316
Average household income $105,798

Age (%)

0 to 19
24%
65 and plus
21%
50 to 64
20%
20 to 34
18%
35 to 49
17%

Household composition (%)

Single family
59%
Single person
36%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
89%
Tagalog (Pilipino, Filipino)
5%
Others
3%
German
1%

House tenancy (%)

Owners
72%
Renters
28%

Schools and amenities

Estimated Budget