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For Sale · High Prairie · Multi-family

$599,900

4908 54 Avenue, High Prairie

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1,779

Size

1993

Year built

About This Home

The details.

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...

Summarizing the highlights...

MLS® A2287491Listing courtesy of RE/MAX House of Real EstateView on map Street view

Property Details

Facts & features.

Property type: Multi-family
Ownership: Freehold
Year built: 1993
Size: 1,779 sqft
Lot size: 566 square meters
Parking: 8 spaces
Listed on: 2026-02-25
Days on market: 140
MLS number: A2287491
Data source: Calgary Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

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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

$2,806

$479,920 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)

$2,806

Cash flow

-$2,806

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

High Prairie right now

Active listings

New this week

$240,000

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 High Prairie.

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

2,380
Population (2021): 37.2
Median age: 945
Households: 2.4
Avg household size: 60.3%
Home ownership: $88,000
Median household income

High Prairie market trends

The immediate block around this home (right here): about 473 residents in 237 homes, 1,356 people/km² (suburban).

Source: Statistics Canada 2021 Census, High Prairie, Town, Alberta; block-level figures from dissemination area 48170334.

Similar homes

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$395,000
# 1-6, 5109 50th Street, High Prairie
4,800 sqft

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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.