Diane Richardson

 

Office Location:
703 64 Ave SE #130,
Calgary, AB T2H 2C3, 


Diane Richardson 

Cell: 403.397.3706

 

403-397-3706 E-Mail Me Now

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5514 53 Street
NONE Olds T4H 1H8

$397,000
Residential beds: 3 baths: 3.0 1,311 sq. ft. built: 1960

Main Photo: 5514 53 Street: Olds Detached for sale : MLS®# A2265223
Photo 1: 5514 53 Street: Olds Detached for sale : MLS®# A2265223
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2265223
Bedrooms:
3
Bathrooms:
3
Year Built:
1960
Set on a huge, tree-lined lot in the heart of Olds, this mid-century bungalow pairs unmistakable architectural character with outstanding renovation potential. Vaulted beam ceilings and walls of windows fill the grand living room with light, highlighting the full-height brick wood-burning fireplace creating a true focal point for family gatherings. Exposed wood detailing and built-in cabinetry echo timeless 1960s craftsmanship, lending warmth and personality rarely found today. Clear sightlines connect the spacious living area to the dining room and kitchen, where generous cabinetry, vintage tilework and a built-in desk create a highly functional space ready for a modern refresh. 3 comfortable bedrooms complete the main level, including a primary retreat with walk-in closet, private 1-piece ensuite (no more stumbling down the hall in the middle of the night!) and direct access to the backyard deck, perfect for quiet morning coffees. The lower level, accessible through a separate entrance, expands the possibilities with a large recreation room framed by wood beams and exposed brick, offering the ideal backdrop for movie nights, game tables or casual gatherings. A built-in wet bar adds convenience and character, making it easy to host friends or family, while a 3-piece bath and abundant storage enhance functionality for everyday living or future development. Most original windows have been replaced, with the remainder scheduled to be completed before the end of November. Outside, mature landscaping and towering evergreens provide shade and privacy around an oversized patio ideal for barbecues or evening relaxation. Kids and pets will love the expansive yard with endless space to play, while a man door connects directly to the oversized double-attached garage featuring 2 bay doors and room for tools, hobbies and vehicles. Extra driveway parking easily accommodates guests plus there’s room to the side for an RV. Combining small-town atmosphere with city-level amenities, Olds offers everything from local boutiques and cafés to major retailers like Walmart, Canadian Tire and Staples, plus a modern hospital, multiple schools and Olds College’s vibrant campus. Whether you’re an investor seeking a renovation project, a first-time buyer ready to build equity or a homeowner drawn to mid-century design, this property delivers space, character and opportunity in one of Mountain View County’s most welcoming communities!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,311.13 sq. ft.
Main Level Finished Area:
1,311.13 sq. ft.
Below Grade Finished Area:
1,278.81 sq. ft.
Acreage:
No
Lot Area:
6,003 sq. ft.
Lot Frontage:
50'½"
Front Exposure:
Southwest
Levels:
One
Total Rooms Above Grade:
6
Year built:
1960 (Age: 65)
Bedrooms:
3 (Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
3.0 (Full:2, Half:1)
Plan:
795GV
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, Separate/Exterior Entry
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached, Oversized, RV Access/Parking
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
NONE
Electric Stove, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
20'4" × 14'6"
Main Floor
Dining Room
12'7" × 10'7"
Main Floor
Kitchen
13'8" × 8'9"
Main Floor
Bedroom - Primary
14'1" × 10'2"
Main Floor
Bedroom
12'10" × 9'10"
Main Floor
Bedroom
12'9" × 8'4"
Basement
Game Room
32'2" × 22'10"
Basement
Laundry
13'11" × 10'2"
Basement
Furnace/Utility Room
19'5" × 14'4"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
1
5' x 4'7"
Main Floor
No
4
4'11" x 8'11"
Basement
No
3
10'3" x 8'3"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Interior Features:
Beamed Ceilings, Bookcases, Built-in Features, Separate Entrance, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Exterior Features:
Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Yard, Landscaped, Lawn, Many Trees
Num. of Parcels:
0
Fencing:
Fenced
Region:
Mountain View County
Zoning:
R1
Listed Date:
Oct 17, 2025
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3D Tour

Listed by Charles
Data was last updated October 30, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$594,900
Min list price:
$189,000
Max list price:
$1,185,000
Avg days on market:
44
Min days on market:
1
Max days on market:
134
Avg price per sq.ft.:
$409.23
These statistics are generated based on the current listing's property type and located in Olds. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.