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4809 42 Street
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Welcome to a rare opportunity to enjoy country-sized living with the convenience of town amenities. Held within the same family for over 70 years, this beautifully treed 1-acre property in the heart of Ponoka offers space, privacy, and a setting that is rarely found within town limits. This extensively updated bungalow features 5 bedrooms, 2 full bathrooms, and room for the whole family.A major renovation completed in 2020 brought meaningful updates throughout the home, including a new roof, new siding, vinyl windows, vinyl plank flooring, an updated kitchen, new appliances, and refreshed bathrooms. These improvements provide peace of mind while creating a home that feels bright, functional, and move-in ready. The kitchen offers abundant cabinetry and flows comfortably into the dining area and spacious living room, making everyday living and entertaining easy.The main floor features three generous bedrooms and a beautifully updated 4-piece bathroom, while the fully developed basement provides two additional bedrooms, a 3-piece bathroom, a large family room, and a dedicated laundry area. This layout offers excellent flexibility for growing families, guests, hobbies, or a home office.Outside is where this property truly shines. The expansive 1-acre lot offers mature trees, privacy, room for RV parking, recreational vehicles, gardens, kids, pets, and future plans. Zoned R2, the property also provides the option to accommodate a large shop if desired, adding even more value and versatility to this rare in-town parcel. The existing garage has a cement floor, 220 power making it well suited for storage and projects. There is a gas line run to it if adding heat is desired. Enjoy summer evenings on the large, maintenance-friendly deck overlooking your own private retreat.Whether you are searching for extra space, a place to raise a family, or the freedom that comes with acreage-style living, this property delivers the best of both worlds. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.83 Ft x 4.67 Ft | |
| Bedroom | 9.08 Ft x 12.58 Ft | |
| Bedroom | 11.33 Ft x 9.50 Ft | |
| Laundry room | 13.00 Ft x 7.92 Ft | |
| Recreational, Games room | 19.50 Ft x 13.00 Ft | |
| Storage | 9.17 Ft x 5.17 Ft | |
| Storage | 9.17 Ft x 7.75 Ft | |
| Furnace | 13.42 Ft x 9.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.58 Ft x 7.00 Ft | |
| Bedroom | 10.42 Ft x 9.67 Ft | |
| Bedroom | 11.08 Ft x 9.67 Ft | |
| Dining room | 10.08 Ft x 13.58 Ft | |
| Foyer | 10.08 Ft x 13.92 Ft | |
| Kitchen | 14.67 Ft x 10.08 Ft | |
| Living room | 9.67 Ft x 13.58 Ft | |
| Primary Bedroom | 13.08 Ft x 13.58 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
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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).
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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 Jun 20, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.