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For Sale · Olds · Multi-family
$785,000
About This Home
Rare full duplex opportunity in the heart of Olds! Whether you're an investor seeking a strong addition to your portfolio or a savvy buyer looking to live in one side while generating income from the other, this fully developed side-by-side duplex delivers exceptional versatility, strong rental appeal, and long-term value. Located in the heart of town, this property is just minutes from Olds College, schools, shopping, restaurants, parks, and healthcare services. With consistent demand for quality rental housing and limited availability of newer multi-family properties in the area, opportunities like this are increasingly difficult to find. Built in 2013 and exceptionally well maintained, this property shows clear pride of ownership throughout. Situated on a spacious 7,000+ sq. ft. lot, each unit offers over 1,200 sq. ft. on the main floor plus a fully developed basement with 9-foot ceilings, creating bright, functional, and highly desirable living spaces. Each side features a total of 4 bedrooms and 2 full bathrooms, providing strong accommodation for families, students, or long-term tenants. The combination of modern construction, generous square footage, and well-kept condition makes this a truly turnkey investment. One side is currently rented while the other is vacant, offering immediate flexibility to place a tenant at current market rates or move in and let the other unit help offset ownership costs. Whether your goal is generating reliable cash flow, building long-term equity, reducing your monthly carrying costs through rental income, or expanding your real estate portfolio, this full duplex offers the flexibility, scale, and income potential to help you get there. Don't miss your chance to secure a high-quality, well-maintained revenue property. (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$3,671
$628,000 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$3,671
Cash flow
-$3,671
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Olds right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Olds, from the Statistics Canada 2021 Census.
The immediate block around this home (right here): about 512 residents in 247 homes, 2,251 people/km² (urban).
Source: Statistics Canada 2021 Census, Olds, Town, Alberta; block-level figures from dissemination area 48061692.
Schools
K-12 schools closest to this home, with straight-line distances.
Off Campus Learning
public · elementary
Olds Career High School
public · secondary
HOME Base
public · elementary
Horizon Alternate Program
public · k12
École Olds Elementary School
public · elementary
École Deer Meadow School
public · elementary
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.