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.
5120 53 Avenue
Swipe through similar matches — tap the heart to save, or open one for the full read.
Beds
2
Baths
2 full + 1 half
Sqft
997
Year
1934
Type
Single Family
On market
109d
Click brochure link for more details. This cute 1 1/2 story character home is located just 30 mins from Red Deer and 45 mins from Leduc. This home features a spacious open concept living / dining area, main level 4 piece bath, spacious kitchen, 2 spacious bedrooms upstairs, 1.5 bath upstairs and a detached double car garage! This home is walkable to downtown Ponoka and close to all amenities. This place is perfect for first time home buyers, investors or developers! Over the past 10 years it has had some updates including 2 new windows (5-10 yrs) New Garage Door (2020) Hot Water Tank (2023) New flooring in kitchen, bath and upstairs (2021) Paint (2021) and a new bathroom vanity (2023). In addition, this property has had substantial landscaping since 2021 including; 21 privacy hedges in the front yard, 2 lilac bushes, 2 juniper bushes and 8 skybound cedars for privacy in the backyard. It also features a new fence completed in 2021 and plenty of room to put in a pool or a kids trampoline if desired. This home offers great value for the money and a place to be enjoyed for seasons to come. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 6.00 Ft x 5.08 Ft | |
| 4pc Bathroom | 4.42 Ft x 13.17 Ft | |
| Kitchen | 16.25 Ft x 9.33 Ft | |
| Living room | 21.17 Ft x 15.42 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.92 Ft x 4.75 Ft | |
| Primary Bedroom | 11.58 Ft x 10.50 Ft | |
| Bedroom | 11.33 Ft x 9.08 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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 1, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ponoka. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.