REALTOR® Login
Communities 
Calgary Communities
City Centre East   North  North East North West South  South East West 
Calgary Surrounding
Airdrie Brooks Carstairs Chestermere Claresholm Cochrane Crossfield Didsbury High River Irricana Langdon Okotoks Olds Strathmore Sundre Diamond Valley Rural Rockyview County
Edmonton Communities
City Centre North East North West South East South West West 
Edmonton Surrounding
Beaumont Devon Fort Saskatchewan Leduc Sherwood Park Spruce Grove St.Albert Stony Plain
Central Alberta
Camrose Clearwater County Red Deer Rocky Mountain House Sylvan Lake
Southern Alberta
Crowsnest Pass Lethbridge Medicine Hat
West Alberta
Canmore 
British Columbia
Kelowna Osoyoos Peachland Penticton Revelstoke Salmon Arm Sicamous West Kelowna
Home Evaluation 
Resources 
Resources
Buyer Resources Seller Resources Partners Blog Guide to Buying and Selling During COVID-19
Realtors 
Why CIR 
About Us
Best My Nest We Give Back - 1forALL Initiative Join Our Team Luxury Portfolio
Property Management 
Contact Us 
https://www.cirrealty.ca/reb/creb/91/A2287491_2.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_3.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_4.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_5.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_6.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_7.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_8.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_9.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_10.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_11.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_12.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_13.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_14.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_15.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_16.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_17.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_18.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_19.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_20.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_21.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_22.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_23.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_24.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_25.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_26.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_27.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_28.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_29.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_30.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_31.jpg https://www.cirrealty.ca/reb/creb/91/A2287491_32.jpg

4908 54 Avenue

High Prairie T0G 1E0

MLS® Number:  A2287491

Back to High Prairie   

  • Home \
  • High Prairie \
  • 4908 54 Avenue

$ 599,900

0

BEDROOMS

0 + 0

BATHROOMS

1,779

SQUARE FEET

1993

YEAR BUILT

https://www.cirrealty.ca/reb/creb/91/A2287491_2.jpg





MLS® Number
A2287491
PROPERTY TYPE
4 plex
LISTING DATE
February-25-2026

Investor ALERT in High Prairie!! Featuring an INCREDIBLE 11.3% Cap Rate + STRONG Cash Flow + SOLID UPGRADES throughout!! This WELL-MAINTAINED Bi-level 4-Plex sits on a LARGE 6,092 Sq Ft lot and offers 3,558 Sq Ft of Total Developed LIVING SPACE. Designed for CONSISTENT Rental Demand and EASE of Management, this TURN-KEY opportunity delivers both excellent upside and LONG-TERM stability. The property features 4 RENTED units generating a total MONTHLY INCOME of $4,825. The 2 top-floor units each offer 756 Sq Ft, while the 2 lower units each provide 646 Sq Ft — a FUNCITONAL layout that supports STRONG OCCUPANCY and STEADY CASH FLOW!!! This property has had LOTS OF WORK put into it - w/SIGNIFICANT Updates + MAJOR Improvements already completed, making it a STRONG, LOW-MAINTENANCE investment opportunity!!! Shingles Replaced 2013, NEWER VINYL FLOORING + Tiled flooring throughout, NEWER Windows + Doors, NEWER Vanities, + EXTERIOR IMPROVEMENTS booked for April!! MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (15 and 4 Years Old) + Hot Water Tanks (2022 + 2023) + New Board (2024) APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024). STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS. Add this CASH-FLOWING asset to your portfolio TODAY!!

COMMUNITY 
PROPERTY TYPE  4 plex
BUILDING TYPE  Four Plex
STYLE  Up/Down, Bi-Level
YEAR BUILT 1993
SQUARE FOOTAGE  1,779
BEDROOMS  0
BATHROOMS  0
BASEMENT  Full
AMENITIES 
APPLIANCES  Dryer, Electric Stove, Range Hood, Refrigerator, Washer
COOLING  None
FIREPLACE  N/A
FLOORING  Laminate, Tile, Vinyl Plank
HEATING  Forced Air, Natural Gas
LAUNDRY  Common Area, Electric Dryer Hookup, In Hall, Multiple Locations, Washer Hookup
LOT FEATURES  Back Lane, Few Trees, Front Yard, Lawn, Level, Low Maintenance Landscape, Near Shopping Center, Rectangular Lot
PARKING  Alley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved
RESTRICTIONS  None Known
ROOF  Asphalt Shingle
TITLE  Fee Simple
BROKER  RE/MAX House of Real Estate

 

 

ROOMS DIMENSIONS (m) LEVEL
Calgary Real Estate Airdrie Real Estate Okotoks Real Estate Cochrane Real Estate Strathmore Real Estate Chestermere Real Estate Sundre Real Estate High River Real Estate Diamond Valley Real Estate Brooks Real Estate Olds Real Estate Irricana Real Estate Carstairs Real Estate Crossfield Real Estate Claresholm Real Estate Didsbury Real Estate Langdon Real Estate
South Calgary Real Estate Southeast Calgary Real Estate City Centre Calgary Real Estate East Calgary Real Estate North Calgary Real Estate Northwest Calgary Real Estate West Calgary Real Estate Northeast Calgary Real Estate Lethbridge Real Estate Red Deer Real Estate Sylvan Lake Real Estate Brooks Real Estate Edmonton Real Estate Canmore Real Estate Global Real Estate Luxury Real Estate
Home Why CIR Relocation Careers Partners Best My Nest
Realtors Home Evaluation Contact Us




Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.