2 days on Market

5510 57 Ave, Ponoka, Alberta T4J 1L6

Detached
2 + 2
2
~977.00 sqft
$279,900
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Detached
2 + 2
2
~977.00 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$286/sqft

Monthly cost

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Description

There is a lot to appreciate in this updated Lucas Heights bungalow, offering a total of five bedrooms and two full bathrooms, which includes a legal two bedroom basement suite for excellent income potential. Renovated about 10 years ago and recently refreshed with paint in 2024, the home feels clean, bright, and move in ready. Upstairs features an oak kitchen with tiled flooring, a built in dishwasher, and laminate flooring through most of the level. Downstairs, the legal suite includes its own kitchen with cork flooring in the kitchen and hallway, plus two bedrooms and a full bath. The raised bungalow construction lends itself to large windows in the downstairs suite, making it warm and cozy with natural light. A key advantage for investors is the setup for true separation, including two furnaces, separate gas and electrical meters, and shared laundry equipped with two newer washers and two newer dryers. Updates also include newer bedroom windows, a newer roof (approximately 2015), and upgraded bathrooms on both levels. Parking is abundant with a gravel pad in the back with room for two vehicles plus an RV. Street parking in front is also available. Well located close to schools, parks, and convenient routes through town, this is a practical property for homeowners, investors, or those looking to offset costs with suite income.


Property Details

StyleAttached-Up/Down,Bungalow
View-
Age of property1966
SqFt~977.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2286649
Community NamePonoka
Data SourcePILLAR 9
Listing byColdwell Banker OnTrack Realty

Features

Heating: Floor Furnace,Forced Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

Living Room

11`5" x 17`10"

Dining Room

11`5" x 8`0"

Kitchen

11`5" x 8`5"

Bedroom - Primary

11`5" x 10`2"


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Feb 16, 2026
ListedActive
$279,900
2 days on market
history photo preview44
Listing by pillar 9®
Property listed by Coldwell Banker OnTrack Realty, Brokerage
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Market Data - Ponoka

Geo Zone Map ThumbnailPonoka

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

93 days

Compared to

2025

32 days

2024

75 days

2023

63 days

New Listings

Past 30 days

6 listings

Compared to

2025

10 listings

2024

11 listings

2023

14 listings

Units sold

Past 30 days

4 units

Compared to

2025

7 units

2024

8 units

2023

5 units

Median Sold Price

Past 30 days

$321,450

Compared to

2025

$380,000

2024

$297,500

2023

$360,000


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