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4314 54 Avenue - Image 1
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For SaleMLS® #A2285037CREA

$295,000

8 days on hômm

4314 54 Avenue

Olds, Alberta T4H1B6

3
Beds
2
Baths
944
Sqft
1968
Built
ResidentialDetached Single FamilySingle Family (RAE)

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Description

Opportunities like this are getting harder to find. A detached home under $300,000 in Olds is one thing, but finding one that has actually been maintained, cleaned up, and had the expensive items already taken care of is another. Owned by the same family for over 20 years, this property shows clear pride of ownership throughout. Major exterior components have already been addressed, including newer soffits, eavestroughs, exterior doors, and extensive fencing, along with the majority of the windows upgraded to vinyl. In a price range where many properties come with deferred maintenance and hidden costs, this one stands out immediately. Sitting on a 7,500+ square foot west-facing lot, the potential outside is just as strong as inside. There is more than enough room to build a full 24x24 garage, or even explore a larger shop-style setup, while still maintaining a functional yard. The mature trees, new fencing, and rear access create a layout that works whether you are thinking long term for personal use or looking to add value over time. Inside, the main floor offers just under 1,000 square feet with three bedrooms, 4-Piece bathroom, updated flooring, fresh paint, and a clean, functional layout that is completely livable as-is. Downstairs is where the real upside comes into play. With a separate entrance and a partially finished basement already framed, drywalled, and complete with a full bathroom, the heavy lifting has been started. For buyers looking at rental potential, this layout makes it very feasible to create additional living space and increase overall income, subject to municipal approvals. In a town like Olds where rental demand remains strong, the ability to generate income from both levels at this price point is a rare find. Whether you are looking to live in it and offset your mortgage, hold it as a long-term investment, or continue improving it to maximize resale, this property offers multiple paths to create value. Clean, maintained homes with this kind of flexibility and upside do not come up often in this price range. Opportunities like this don’t sit long. Contact directly to book your private viewing. (id:39198)

Included with Sale

RefrigeratorStoveDryerMicrowave Range Hood Combo

Basement

Partially finished, Full, Separate entrance

Parking

4 Parking

Heating

Forced air, Natural gas

Cooling

None

Financial Information

Property Taxes

$2,577/year (2025)

Lot Information

Back lanePVC windowLevel

Rooms (11)

Main level

4pc Bathroom
477 sq ft
16.1 × 29.5 ft (477 sq ft)
Bedroom
1,122 sq ft
29.5 × 38.0 ft (1,122 sq ft)
Bedroom
895 sq ft
33.1 × 27.1 ft (895 sq ft)
Kitchen
2,285 sq ft
56.9 × 40.2 ft (2,285 sq ft)
Living room
2,410 sq ft
56.9 × 42.4 ft (2,410 sq ft)
Primary Bedroom
1,203 sq ft
40.7 × 29.5 ft (1,203 sq ft)
Zoning: R2

Location

MLS® #: A2285037

Listing provided by Reilly Nicholls

Brokerage: Real Broker

Photos: 35 images

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Copyright 2026 by the Canadian Real Estate Association (CREA). All Rights Reserved.

Data provided by the Canadian Real Estate Association (CREA). Data is deemed reliable but is not guaranteed accurate.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Listing information last updated on April 19, 2026 at 8:30 pm MDT