We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
4 Richards Crescent
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Olds · Single Family · under $375,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
Welcome to this beautifully renovated bi-level half duplex in the heart of Olds, where modern updates, thoughtful design, and an unbeatable location come together.Lovingly maintained by owner for years, this move-in-ready home offers 4 bedrooms, 2 full bathrooms, and a bright, functional floor plan that’s perfect for first-time buyers, growing families, or investors.The inviting main floor is filled with natural light from a large picture window in the spacious living room. The fully renovated kitchen features contemporary cabinetry, Quartz countertops, direct vent furnace and new flooring, providing a stylish and functional space for everyday living and entertaining. Two comfortable bedrooms and a 4-piece bathroom complete the upper level.The fully developed lower level offers two additional generously sized bedrooms, a second full bathroom, and a separate laundry room, creating flexible space for teenagers, guests, a home office, or multi-generational living.Step outside to enjoy the private backyard—ideal for summer barbecues, family gatherings, or simply relaxing while children and pets play. Recent upgrades, including a new roof (2023), provide added value and peace of mind.Ideally located in a well-established, family-friendly neighbourhood, you’ll appreciate being within walking distance of Olds College, Olds High School, parks, shopping, and everyday amenities.For investors, this property offers outstanding potential with a proven rental history. Since its renovation, it has been consistently rented with an exceptional zero-vacancy record, making it a turnkey income-generating opportunity.Whether you’re searching for your first home, room for your growing family, or a dependable investment property, this beautifully updated duplex is one you won’t want to miss. Book your private showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.58 Ft x 5.75 Ft | |
| Bedroom | 15.75 Ft x 7.58 Ft | |
| Bedroom | 15.08 Ft x 10.33 Ft | |
| Recreational, Games room | 13.58 Ft x 12.33 Ft | |
| Furnace | 7.75 Ft x 5.67 Ft | |
| Other | 4.00 Ft x 6.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.25 Ft | |
| Bedroom | 12.00 Ft x 10.75 Ft | |
| Dining room | 5.75 Ft x 8.67 Ft | |
| Kitchen | 12.25 Ft x 8.67 Ft | |
| Living room | 15.75 Ft x 10.58 Ft | |
| Primary Bedroom | 15.33 Ft x 8.25 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
12.77%
Cap rate
7.42%
GRM
9.7
Break-even rent
$2,140
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 12, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.