5420 55 Street

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$224,900

5420 55 Street

Lucas Heights, Ponoka · MLS® A2345346

423

1,004 sq ft · 6,009 sq ft lot · House · Single Family · built 1975 · 39 days on market

listed by Jane Wierzba, RE/MAX real estate central alberta

realtor's description

This charming bungalow offers a practical layout and plenty of potential, with a partially developed basement plus both an attached and a detached garage; especially welcome as winter approaches. Located in Lucas Heights, it is close to schools, the hospital, and everyday amenities.The home features 2+2 bedrooms. The main floor has an open layout with easy flow from the kitchen to the dining and living rooms, along with main-floor laundry. The lower level includes two bedrooms, a bathroom, and generous storage.Priced to sell, this property is an excellent starter home or a strong addition to an investment portfolio. Bring your personal touches and make it your own.

property details

type: House, Single Family
bedrooms: 4
bathrooms: 2
living area: 1,004 sq ft
lot: 6,009 sq ft
parking: 3
year built: 1975
property tax: $2,678 / yr
days on market: 39
MLS®: A2345346

features

See remarks
Other
Refrigerator
Stove

property tax

about $2,647 a year

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

The listing shows $2,678 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.

monthly cost

$1,203/mo

Mortgage $980 · Tax $223

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

estimated payment

$980/ monthly

loan $179,920

25-year amortization

down payment20% · $44,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $114,040
land title fees: $505; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $45,485; down + land title fees
total paid: $293,960

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