5013 44 Avenue , Ponoka, Alberta

Looking to expand your rental portfolio or find a home you can fix up and make your own—all at a great price? In today’s tight housing market, opportunities like this don’t come along often!

This charming older home is full of potential and located in a welcoming neighborhood in the growing community of Ponoka. Rental demand here is strong, and with its convenient location—just [50 mins distance from Edmonton] and 35 minutes from Red Deer—it’s a great choice for commuters.

Recent updates include upgraded plumbing, with galvanized potable water lines replaced by PEX, along with new shutoffs and a self-draining outdoor tap. The main floor has been freshly painted, giving the space a clean, bright feel. Included in the sale are a fridge, stove, and an LED remote-control ceiling fan in the bedroom.

Sitting on a 125’ x 50’ lot, this property offers plenty of space for a future garage, garden, or shed. Plus, with R2 zoning, it’s perfect for building a duplex—an excellent opportunity for investors looking to maximize rental income.