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Reduced $27,000 (3%) from $1,025,000
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6018 58 Street
Beds
6
Baths
4 full + 1 half
Sqft
2,765
Year
1989
Type
Single Family
On market
137d
This beautifully renovated two-storey home is set on a breathtaking half-acre lot in one of Olds’ most sought-after neighbourhoods, backing directly onto one of the community’s premier parks. Exceptional curb appeal welcomes you with mature trees, lush landscaping, and a timeless combination of brick and updated vinyl siding that creates an unforgettable first impression. Inside, the home has been fully renovated throughout, effortlessly blending modern updates with classic character. A bright, airy foyer with vaulted ceilings opens into a spacious and inviting main floor. This level features a formal dining room, a well-designed eat-in kitchen with ample cabinetry and contemporary finishes, and a large living room anchored by a cozy fireplace, ideal for entertaining or relaxing with family. A convenient 2-piece bathroom and main floor laundry add everyday functionality. Upstairs, a charming reading nook and open library area offer a unique and welcoming space, with the potential to be converted into an additional bedroom. The generous primary suite includes elegant French doors, a walk-in closet, and a beautifully updated 5-piece ensuite. Two additional spacious bedrooms and a renovated 5-piece main bathroom complete the upper level. The fully finished basement features a brand-new, self-contained legal suite with its own private entrance, kitchen, bathroom, and living space, perfect for multi-generational living, guests, or rental income. The basement also includes a separate fourth bedroom and dedicated storage area, offering even more flexibility for your family’s needs. Notable upgrades include a reverse osmosis system and a whole-house carbon water filter, ensuring clean, high-quality water throughout the home. Both water heaters (domestic and infloor)and furnace have been upgraded to high efficiency (2026). Outside, enjoy exceptional privacy and outdoor living with mature fruit trees, a dedicated garden area, RV parking, and a large deck ideal for entertainin g or unwinding. The existing garage provides ample parking and storage, with the option to add an additional bay for vehicles, hobbies, or a workshop. This is a rare opportunity to own a move-in-ready home in a quiet, highly desirable neighborhood with direct park access, room to grow, and thoughtful features throughout. Whether you’re searching for a family-friendly forever home or a versatile property with income and multi-generational potential, this one truly has it all. Book your private tour today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 12.58 Ft x 12.50 Ft | |
| Kitchen | 9.42 Ft x 12.58 Ft | |
| Recreational, Games room | 18.42 Ft x 15.00 Ft | |
| Bedroom | 11.50 Ft x 15.08 Ft | |
| Office | 8.67 Ft x 8.50 Ft | |
| Furnace | 8.25 Ft x 16.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 10.75 Ft x 5.50 Ft | |
| Breakfast | 8.92 Ft x 8.58 Ft | |
| Family room | 17.50 Ft x 15.25 Ft | |
| Kitchen | 13.83 Ft x 15.25 Ft | |
| Living room | 11.67 Ft x 17.25 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Dining room | 11.92 Ft x 13.25 Ft | |
| Foyer | 9.75 Ft x 6.08 Ft | |
| Laundry room | 11.92 Ft x 6.00 Ft | |
| Other | 17.17 Ft x 10.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | .00 Ft x .00 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 19.33 Ft x 10.75 Ft | |
| Den | 9.00 Ft x 8.58 Ft | |
| Primary Bedroom | 16.17 Ft x 12.25 Ft | |
| Bedroom | 17.17 Ft x 10.75 Ft | |
| Bedroom | 12.33 Ft x 15.25 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
-0.78%
Cap rate
4.71%
GRM
13.9
Break-even rent
$6,137
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.
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 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Olds. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.