A rare investment opportunity delivering an excellent return with a cap rate just over 8%. This versatile property features two separate homes on a generous 75 x 130 lot, each individually fenced and offering off-street parking.
The main residence is a brick home offering 1,157 sq ft of living space with 4 bedrooms and 2 bathrooms. The fully self-contained secondary bachelor suite adds charm with a cozy cottage feel and includes its own kitchen, 4-piece bath, and convenient stacking laundry.
Zoned for medium density, this property offers strong future potential while generating immediate income with long-term tenants already in place. Ideally located within walking distance to schools, downtown restaurants and shopping, walking paths, and parks—an unbeatable combination of location, income, and upside.
YOU OWN THE LOT!! This fantastic opportunity offers true home ownership with no monthly lot fees, making it an ideal choice for first-time buyers, downsizers, or investors looking for value and long-term savings. Situated on a massive lot backing onto a beautiful green space, this property combines privacy, nature, and space—something rarely found at this price point. Step outside and enjoy the outdoors on your oversized deck, perfect for summer barbecues, morning coffee, or evening relaxation under the stars. The expansive yard offers endless possibilities—garden, play area, fire pit, or even space to build a garage(it will be the buyers responsibility to confirm the town of Olds will allow a garage to be built) or workshop. Inside, you\'ll find a bright and functional open-concept layout that makes the most of every square foot. The spacious living and dining areas flow seamlessly into the kitchen, creating a warm and inviting space ideal for everyday living and entertaining. With two comfortable bedrooms, there\'s room for a small family, guests, or a home office. This home is more than just a place to live—it\'s a smart investment in your future. With affordability, privacy, and a lot that you actually own, this property checks all the boxes. Don’t miss your chance to step into home ownership in a peaceful setting that feels like home the moment you arrive.
Listing Brokerage: Coldwell Banker Vision Realty
Welcome to this beautiful fully finished 4 bedroom, 3 bathroom home located in the desirable Hawkridge neighbourhood of Penhold. Situated on a massive pie shaped lot, this property offers exceptional yard space, privacy, and functionality for families or anyone looking for extra room to live and entertain.
Step inside to a spacious front entry featuring durable vinyl tile, leading into a bright and inviting living room and kitchen finished with laminate flooring that flows throughout the home. The kitchen offers a large pantry, abundant cabinet space, and an open layout that works perfectly for everyday living and hosting. The home showcases modern colors and updated flooring, creating a clean, contemporary feel throughout.
The primary bedroom includes his and hers closets along with a full 4 piece ensuite. The fully finished basement provides a generous family room and a nicely sized laundry area, creating additional comfortable living space for relaxing or gathering.
Outside, you will appreciate the expansive backyard complete with a two tier deck and new sod installed last year. The yard is fully fenced and offers plenty of space for kids, pets, or future landscaping ideas. The 24 x 26 insulated garage includes 220V power, making it ideal for projects, storage, or hobby use.
Additional highlights include fridge, stove, dishwasher, washer and dryer, upgraded light fixtures, and a recently replaced hot water tank.
This home shows extremely well and offers outstanding value in Hawkridge, one of Penhold’s most desirable neighbourhoods.
This is a low-investment, move-in-ready commercial opportunity in a high-growth area, ideal for business owners or professionals looking to start operations quickly with minimal upfront cost.
The current owner has invested approximately $140,000 in professional build-out in August 2024, including electrical upgrades, interior partitioning, plumbing improvements, and functional layout enhancements. This substantial investment significantly reduces start-up time and renovation expenses for the next operator.
Located in the rapidly growing Royal Vista community, this well-improved commercial unit is currently operating as an art instruction studio and is positioned within a vibrant commercial corridor. The property is directly across from Renert School, one of Alberta’s top-ranked private schools, and benefits from close proximity to high-traffic 112 Avenue, offering excellent exposure, consistent pedestrian activity, and ample on-site parking.
The unit offers 1,164 sq. ft. of functional interior space and features a professional, practical layout including a reception area at entry, three spacious private rooms, two washrooms, three sinks, dedicated storage space, and a rear access door.
With its existing improvements and flexible configuration, the space is well suited for a wide range of medical, health, and professional service uses, including but not limited to: Medical clinic or family practice, dental clinic or orthodontics, optometry, physiotherapy or rehabilitation clinic, chiropractic clinic, massage therapy clinic, acupuncture or traditional Chinese medicine clinic, podiatry or foot care clinic, audiology or hearing clinic, mental health or counselling clinic, and psychology or therapy center. Minimal additional build-out is required to commence operations, subject to landlord approval and applicable zoning.
Welcome to 424 Tavender Road NW, a promising value-add bungalow located in the established community of Thorncliffe. Offering over 2,000 square feet of total living space, this property presents a solid opportunity for investors looking to renovate, improve, and unlock long-term value. There is a brand new furnace and an updated hot water tank.
The main level features a 3-bedroom layout, while the basement includes a 1-bedroom illegal suite with separate entrance and it\'s own bathroom, providing excellent potential for future rental income. With it\'s solid design and functional separation of living spaces, the home lends itself well to a variety of renovation and income strategies. The garage has a recently updated electrical panel with 220 volts.
Situated on a quiet residential street close to schools, parks, transit, and major commuter routes, this property is located in a neighbourhood with consistent rental demand and strong investor interest. With updates and vision, this home offers the chance to maximize both usability and return in a well-connected location.
An ideal project for investors or renovators seeking an opportunity with great income potential in an established inner-city community.
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