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4537 50 Avenue
Cold Lake South Cold Lake T9M 1Y8

$719,900
Single Family beds: 10 baths: 4.0 2,199 sq. ft. built: 1977

Rear facade featuring a light green textured exterior, two elevated wood decks with railings and blue-grey siding, multiple windows, and a dark shingled roof
Photo 1: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
Photo 2: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
Photo 3: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
Photo 4: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
Photo 5: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
Photo 6: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
Status:
Active
Prop. Type:
Single Family
MLS® Num:
E4491256
Bedrooms:
10
Bathrooms:
4
Year Built:
1977
* Sold date and price are as reported on the RAE’s MLS® system
Calling All Investors! Don't miss this exceptional opportunity to own a well-maintained and updated 4-plex in a prime location near downtown Cold Lake. Four fully developed 3-bedroom units, this income-generating property is truly rental revenue ready. Each unit comes complete with appliances, in-suite laundry and a private deck with convenient under-deck storage. Recent renovations in three of the units include flooring, paint, kitchens, 4-piece bathrooms, light fixtures and more. Building improvements completed over the past 12 years include windows, sliding patio doors, shingles and vinyl siding. Tenants will appreciate the added convenience of south-side parking accessible from the back alley, along with the property's proximity to Main Street amenities, including shopping, restaurants, banking and everyday services. Rented and generating steady income, this turnkey investment property is an excellent addition to any portfolio. Take advantage of this profitable opportunity today!
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
Bi-Level
Total Floor Area:
2,198.98 sq. ft.
Price Per SqFt:
$327.38
Total area above grade.:
2,199 sq. ft.
Secondary Suite:
No
Taxes:
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
2
Exposure / Faces:
North
Year built:
1977 (Age: 49)
Bedrooms:
10 (Above Grd: 4)
Bathrooms:
4.0 (Full:4/Half:0)
Total Rooms Above Grade:
4
Plan:
7722608
Building Type:
4PLEX
Construction:
Wood, Stucco, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Ceramic Tile, Linoleum, Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Parking:
No Garage, See Remarks
Garage:
No
Ensuite:
No
Off Street Parking, Deck
Cold Lake South
Back Lane, Landscaped, Shopping Nearby
Off Street Parking, Deck
Back Lane, Landscaped, Shopping Nearby
Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer
Phone Listing Broker
Private
Floor
Ensuite
Pieces
Other
Basement
No
4
Basement
No
4
Basement
No
4
Basement
No
4
Association Fee Frequency:
Association Fee Amount:
Seller Rights Reserved:
No
Zone:
Zone 60
Zoning:
Zone 60
Title to Land:
Fee Simple
Legal Lot:
1
Road Access:
Paved
LINC Number:
0014056808
Days On Website:
4 day(s)
  • Photo 1: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
    Rear facade featuring a light green textured exterior, two elevated wood decks with railings and blue-grey siding, multiple windows, and a dark shingled roof
  • Photo 2: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
    Multi-unit residence featuring a light green textured exterior and a dark shingle roof
  • Photo 3: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
    Multi-unit structure featuring light green textured siding and a dark roof
  • Photo 4: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
    Exterior featuring two wood-railed balconies with corrugated metal skirtings
  • Photo 5: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
    Exterior featuring light green textured stucco siding, a wooden deck with railing, gray horizontal vinyl siding on the lower level, a white exterior door, and multiple windows
  • Photo 6: 4537 50 Avenue: Cold Lake House Fourplex for sale : MLS®# E4491256
    Aerial view showcasing a residential property with a brown-shingled roof, a green lawn, and distinct concrete pathways
Courtesy of Natalie C Kelly of RE/MAX Bonnyville Realty
Data was last updated June 3, 2026 at 03:30 AM (UTC)
Area Statistics
Listings on market:
155
Avg list price:
$349,900
Min list price:
$35,000
Max list price:
$5,699,900
Avg days in system:
50
Min days in system:
1
Max days in system:
1,883
Avg price per sq.ft.:
$311.64
These statistics are generated based on the current listing's property type and located in Cold Lake. Average values are derived using median calculations. This data is not produced by The Association's MLS® System.
Data last updated on June 3, 2026 at 03:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.