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5506 63A StreetClose
WELCOME TO PONOKA! Perched in a very attractive corner of Town, find this haven of privacy, beauty and a lot of square feet! Custom four level split, featuring a gorgeous french country kitchen that opens onto a vaulted ceiling great room with big windows and lots of natural daylight. The entryway is grand and a chandelier welcomes you in. Master bedroom offers a walk-in closet, evening sun, and a fantastic custom en suite featuring the same granite that captured our attention in the kitchen. ACross the hall are two more bedrooms, one with new flooring, and a four pice bathroom. Five bedrooms and four bathrooms total, a double attached garage, a roof that’s in great shape and all new pex plumbing. Gas burning fireplace keeps the great room grand and a wood-burning stove keeps the ground level living room cosy. From here, garden doors lead onto a covered back patio, off to the side is a small deck which accesses directly onto the kitchen, we have to assume for barbecuing. Carrying on at ground level is an open patio to enjoy the sun, one step down leads to the paving stoned fire pit area, and a wall of towering Aspen all around the perimeter of the yard to keep the space feeling private and serene. Two garden sheds, both in great shape, helps free up the storage in the garage, and a second parking pad at the back in addition to the beautiful paving stone driveway out front. Ponoka is one of Alberta‘s best towns, offering all the amenities and some very nice luxuries, including the picturesque Battle River, historic downtown, and the world-class Ponoka Stampede. This is Alberta, Amen! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 15.42 Ft x 25.00 Ft | |
| 2pc Bathroom | — |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.33 Ft x 17.00 Ft | |
| Bedroom | 9.33 Ft x 12.50 Ft | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 9.50 Ft x 16.00 Ft | |
| Living room | 14.00 Ft x 17.00 Ft | |
| Dining room | 9.50 Ft x 9.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.67 Ft x 14.67 Ft | |
| 3pc Bathroom | — | |
| Bedroom | 12.17 Ft x 14.42 Ft | |
| Bedroom | 12.42 Ft x 15.33 Ft | |
| 4pc Bathroom | — |
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
6.63%
Cap rate
6.19%
GRM
11.2
Break-even rent
$2,783
Financing
Operating expenses (monthly)
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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 Jun 13, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.