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5115 42 Street
homes for sale · Ponoka · Riverside
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$539,000

5115 42 Street

Riverside, Ponoka · MLS® A2353804

422

1,557 sq ft · 14,268 sq ft lot · House · Single Family · built 1985 · 3 days on market

listed by Todd Reed, RE/MAX real estate central alberta

realtor's description

**Spacious, Quality-Built Bungalow on an Oversized Double Lot!** This beautifully maintained 1,557 sq. ft. bungalow sits on an impressive 123' x 115' double lot and offers a functional, spacious floor plan with numerous recent updates, including the kitchen, bathrooms and flooring throughout. The modern kitchen features an abundance of cabinets, generous work space, an extra-large island plus convenient hallway pantry storage. The family-sized living room is highlighted by built-in bookcases, a gas fireplace and an incredible westerly view overlooking town. There are three bedrooms on the main floor, with one currently used as a TV room. The updated main bathroom features new fixtures, vanity and a glass-door shower. Main-floor laundry with a sink is conveniently located off the back entrance. Triple-pane windows and central air conditioning add to the home's comfort. The fully developed basement features in-floor heating, a fourth bedroom, renovated bathroom, kitchenette, cold room, storage room and a massive family room with another gas fireplace. The heated 28' x 30' attached garage provides plenty of room for parking and work area. Outside, the huge backyard offers excellent potential for RV parking or an additional garage/workshop. Enjoy the beautiful flower garden from the gazebo, complete with roll-down blinds that create a versatile outdoor retreat. The garden area has a great 12 x 16 shed to store all the yard goodies. A well-cared-for home offering generous living space, outstanding garage facilities and an exceptional lot with room to grow!

property details

type
House, Single Family
bedrooms
4
bathrooms
2
living area
1,557 sq ft
lot
14,268 sq ft
parking
2
year built
1985
property tax
$4,845 / yr
days on market
3
MLS®
A2353804

features

  • PVC window
  • No Animal Home
  • No Smoking Home
  • Gazebo
  • Washer
  • Refrigerator

monthly cost

$2,752/mo
Mortgage $2,348 · Tax $404

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,348/ monthly
loan $431,200
25-year amortization
total interest
$273,311
land title fees
$1,075
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$108,875
down + land title fees
total paid
$704,511

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Riverside, PonokaGoogle Maps ↗

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listed by
Todd Reed
RE/MAX real estate central alberta
call Todd · 403-597-0797
Powered by: REALTOR.ca

similar homes nearby

property tax

about $6,344 a year

The asking price times Ponoka's 2026 residential rate of 11.77 per $1,000 (municipal and education).

The listing shows $4,845 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Riverside, PonokaGoogle Maps ↗
Drive times
  • Ponoka Elementary4 min
  • Ponoka Hospital & Care Centre5 min
  • Ponoka Secondary Campus5 min
  • Burman University30 min
  • Downtown Red Deer50 min
29

Walkability 29/100 · Mostly by car

Within a 10 minute walk: 2 parks and playgrounds.

mihom score from OpenStreetMap places, by straight line distance.

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