13 hours on Market

5218 & 5216 56 Ave, Ponoka, Alberta T4J 1G6

Detached
4
2
~1453.78 sqft
$350,000
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Detached
4
2
~1453.78 sqft

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Highlights

Property Estimate

Days on market13 hours

Estimated valueNot available

Price/Sqft$240/sqft

Monthly cost

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Description

Unique property with several different options available. Full side by side duplex on 1 title. Each side is a 2 bedroom 1 bathroom. Subdivision Potential: Possibility to subdivide lot to build a single- family home or another duplex. Flexible Living and Investment Options: Rent both units for maximum income. Live in one unit and rent the other. Long term tenant in west unit wishes to stay. East unit is vacant. Upgrades and condition: Vacant unit features a newly renovated kitchen. Both units have large windows throughout for abundant natural light. Property is well maintained and in excellent condition. Accessibility: One level living, ideal for seniors or those with mobility needs. Recent improvements: two new 100-amp electrical panels. LED lighting. Washer, Dryer, hot water tank replaced 3 years ago Comfort and Convenience: West side – Window A/C unit. East side – stationary vented A/C in living room. Laundry room is separate from units and shared by both. Crawl space with concrete floor and individual counterflow furnaces. Commercial-grade torched roof system with silver coating for durability and heat reflection. Soundproof walls. Underground power and fibre optic. Tenant and Owner Responsibilities: Owner pays water, sewer, and garbage. Tenant pays gas and electricity. Tenant also takes care of lawn maintenance and snow removal Bonus Income Potential: Detached, insulated, and drywalled two-car garage – rentable separately for additional income or a perk for tenants.


Property Details

StyleAttached-Side by Side,Bungalow
View-
Age of property1953
SqFt~1453.78 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2268380
Community NamePonoka
Data SourcePILLAR 9
Listing byRoyal LePage Lifestyles Realty

Features

Heating: Forced Air,Natural Gas
Cooling: Wall/Window Unit(s)
Basement: Crawl Space

Main Floor

Living Room

16`5" x 12`3"

4pc Bathroom

4pc Bathroom

Bedroom - Primary

12`6" x 9`5"


Features

Patio: Front Porch

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Nov 5, 2025
ListedActive
$350,000
13 hours on market
history photo preview47
Listing by pillar 9®
Property listed by Royal LePage Lifestyles Realty, Brokerage
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Market Data - Ponoka

Geo Zone Map ThumbnailPonoka

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

53 days

Compared to

2024

51 days

2023

38 days

2022

81 days

New Listings

Past 30 days

12 listings

Compared to

2024

13 listings

2023

11 listings

2022

6 listings

Units sold

Past 30 days

15 units

Compared to

2024

11 units

2023

10 units

2022

10 units

Median Sold Price

Past 30 days

$390,000

Compared to

2024

$320,000

2023

$306,775

2022

$271,000


Population and Demographics

Overview

Total population 6316
Average household income $105,798

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget