For Sale · Olds · Single Family

$459,000

4506 Shannon Drive, Olds

Beds

3 (1 half)

Baths

1,131

Sq Ft

1981

Built

About This Home

The details.

Welcome to this beautifully maintained bungalow tucked away on a quiet, tree-lined street in the heart of downtown Olds. Offering 4 bedrooms, 2.5 bathrooms, and exceptional pride of ownership throughout, this home combines timeless charm with thoughtful updates and versatile living spaces.The bright, open-concept main floor was beautifully renovated in 2021 and features a stunning kitchen with stainless steel appliances, vinyl flooring, and an inviting layout designed for both everyday living and entertaining. The fully finished basement includes a complete illegal suite with its own kitchen, offering excellent flexibility for extended family, guests, or multi-generational living. It also presents an excellent opportunity as a mortgage helper or income-generating space, making this property especially appealing for investors or buyers looking to offset their monthly expenses.Step outside and discover a backyard designed for making memories. A charming front porch welcomes you home, while the beautifully landscaped backyard showcases vibrant perennial gardens, a spacious deck with sun screens and built-in lighting, a lower patio with a pergola, wired lighting, a cozy gas fireplace, and a gas line for your BBQ. Whether you're hosting friends or enjoying a quiet evening outdoors, this private retreat is sure to impress.The detached double garage is equally impressive, featuring built-in cabinetry, shelving, and a workbench for the hobbyist or handyman. There's also ample space for year-round RV parking, adding even more practicality to this exceptional property.Quality updates include Hardie® board siding painted in 2020, most windows replaced in 2018, a high-efficiency furnace installed in 2016 and recently serviced, and a beautifully renovated interior that is truly move-in ready.Ideally located within walking distance of downtown shopping, restaurants, parks, schools, and everyday amenities, this exceptional property offers the perfect blend of comfort, fu nctionality, and small-town charm. (id:66635)

Summarizing the highlights...

MLS® A2323739Listing courtesy of Real BrokerView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1981
Size: 1,131 sqft
Lot size: 570.33 square meters
Storeys: 1
Parking: 4 spaces
Listed on: 2026-06-25
Days on market: 20
MLS number: A2323739
Data source: Calgary Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$2,147

$367,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,147

Cash flow

-$2,147

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Olds right now

Active listings

New this week

$469,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Olds.

Household and demographic stats for Olds, from the Statistics Canada 2021 Census.

9,209
Population (2021): 43.6
Median age: 3,810
Households: 2.3
Avg household size: 72.4%
Home ownership: $82,000
Median household income

Olds market trends

Source: Statistics Canada 2021 Census, Olds, Town, Alberta.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Off Campus Learning
public · elementary
440 m
Olds Career High School
public · secondary
440 m
HOME Base
public · elementary
440 m
Horizon Alternate Program
public · k12
630 m
École Olds Elementary School
public · elementary
680 m
École Deer Meadow School
public · elementary
1.1 km

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.