Office Listings
4908 54 Avenue
High Prairie
High Prairie
T0G 1E0
$599,900
Multi-Family
1,779 sq. ft.
built: 1993
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2287491
- Year Built:
- 1993
- Photos (32)
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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!!
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Home Style:
- Attached-Up/Down, Bi-Level
- Total Living Area:
- 1,779.38 sq. ft.165 m2
- Main Level Finished Area:
- 1,779.38 sq. ft.165 m2
- Below Grade Finished Area:
- 1,602.4 sq. ft.149 m2
- Lot Area:
- 6,092 sq. ft.566 m2
- Lot Frontage:
- 49'10½"15.2 m
- Levels:
- Bi-Level
- Year built:
- 1993 (Age: 33)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 4267TR
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished, None
- Foundation:
- Poured Concrete
- Furnished:
- Unfurnished
- Construction Material:
- Vinyl Siding, Wood Frame
- Structure Type:
- Four Plex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Laminate, Tile, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 0
- Utilities:
- Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Garage:
- No
- Parking:
- Alley Access, Common, Off Street, On Street, Outside, Parking Lot, Unpaved
- Parking Places:
- 8
- Parking Total/Covered:
- 8 / -
- Laundry Features:
- Common Area, Electric Dryer Hookup, In Hall, Multiple Locations, Washer Hookup
- Dryer, Electric Stove, Range Hood, Refrigerator, Washer
- 4 Electric Stoves, 4 Refrigerators, 4 Hood Fans, 1 Ceiling Fan, 2 Washers, 2 Dryers
- None Known
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Interior Features:
- Ceiling Fan(s), Laminate Counters, Soaking Tub, Vinyl Windows
- Exterior Features:
- Rain Gutters
- Patio And Porch Features:
- Rear Porch
- Lot Features:
- Back Lane, Few Trees, Front Yard, Lawn, Level, Low Maintenance Landscape, Near Shopping Center, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- None
- Region:
- Big Lakes County
- Zoning:
- R3
- Listed Date:
- Feb 25, 2026
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Listed by RE/MAX House of Real Estate
Data was last updated April 27, 2026 at 08:05 PM (UTC)
- DALWINDER GILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 8367000
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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.





