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Home Communities 4908 54 Avenue
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4908 54 Avenue · High Prairie · T0G 1E0
bd ba 1,779 sqft $337/sqft Built 1993
MLS® A2287491 · Listed Feb 25, 2026
Listed by RE/MAX House of Real Estate — Simon D. Hunt
By the numbers

How this listing measures up

$/sqft $337
Sqft per bedroom
Year built 1993
Annual taxes $3,816 2026

About this property

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 Include New SIDING on the FRONT + a FRESHLY Painted Deck. MAJOR MECHANICAL UPDATES for peace of mind: FURNACES (2026 and 2022 Years Old) + Hot Water Tanks (2022 + 2023) + APPLIANCE UPDATES: Stoves (2018 +2025), Fridges (2016 + 2019 + 2024). STRONG INCOME. BIG LOT. IMPRESSIVE RETURNS. Add this CASH-FLOWING asset to your portfolio TODAY!!!

Property details

StyleAttached-Up/Down,Bi-Level
HeatingForced Air,Natural Gas
CoolingNone
FlooringLaminate,Tile,Vinyl Plank
LevelsBi-Level
BasementFull
Basement developmentFinished
Interior featuresCeiling Fan(s),Laminate Counters,Soaking Tub,Vinyl Windows
AppliancesDryer,Electric Stove,Range Hood,Refrigerator,Washer
Inclusions4 Electric Stoves, 4 Refrigerators, 4 Hood Fans, 1 Ceiling Fan, 2 Washers, 2 Dryers
LaundryCommon Area,Electric Dryer Hookup,In Hall,Multiple Locations,Washer Hookup
Lot size6092.00 sqft
Frontage49.87 ft
Lot featuresBack Lane,Few Trees,Front Yard,Lawn,Level,Low Maintenance Landscape,Near Shopping Center,Rectangular Lot
Exterior featuresRain Gutters
FencingNone
PatioRear Porch
Year built1993
Construction materialsVinyl Siding,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresAlley Access,Common,Off Street,On Street,Outside,Parking Lot,Unpaved
Parking total8
Annual taxes$3,816
Tax year2026
Possession30 Days / Neg
ZoningR3
TitleFee Simple
RestrictionsNone Known
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
List AORCalgary

Location

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Listed by: RE/MAX House of Real Estate — Simon D. Hunt.