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4506 Shannon Drive , Olds, AB

$459,000

Residential · MLS® A2323739
4Bedrooms
3Bathrooms
1,131Sq Ft
2Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully maintained bungalow tucked away on a quiet, tree-lined street in the heart of downtown Olds. Offering 4 bedrooms, 2.5 bathrooms, and exceptional pride of ownership throughout, this home combines timeless charm with thoughtful updates and versatile living spaces.

The bright, open-concept main floor was beautifully renovated in 2021 and features a stunning kitchen with stainless steel appliances, vinyl flooring, and an inviting layout designed for both everyday living and entertaining. The fully finished basement includes a complete...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,131 sq ft
Lot Size6,139 sq ft
ZoningR-1
HeatingCentral
CoolingOther
ParkingAdditional Parking • Alley Access • Double Garage Detached • Workshop in Garage
ExteriorFire Pit • Garden • Lighting • Private Yard
BasementFull
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,044After mortgage & expenses
Cap Rate7.2%Based on market rents
Cash on Cash Return13.7%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Leanne McNabb · Real Broker