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3 days on Market

5125 48 Ave, Rimbey, Alberta T0C2J0

Detached
2
2
~1195.00 sqft
$256,900
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Detached
2
2
~1195.00 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$214/sqft

Monthly cost

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Description

Step back in time with this charming retro bungalow in the heart of Rimbey - full of character, potential, and possibilities. This solid 2-bedroom home is a blank canvas for first-time buyers or savvy investors ready to reimagine a classic. With great bones and a practical layout, this 1100 sq ft bungalow invites creativity - whether you’re dreaming of a modern makeover or restoring its nostalgic charm. The home features a fully accessible 3-piece bathroom and front entry ramp, making it ideal for anyone seeking main-floor living with easy access. The large, open basement offers endless potential for added living space, a workshop, or recreation area. I also has a functional shower-- the beginnings of a lower level 3rd bathroom! Outside, you’ll find a huge yard filled with mature perennials, fruit trees, and shrubs - a gardener’s delight. The double detached garage and extra storage shed provide room for all your tools and toys. Rimbey’s small-town spirit shines here: enjoy nearby parks, walking trails, a local pool, school, hospital, and an active community centre. Neighbours look out for one another, and you’ll quickly feel at home in this welcoming Central Alberta town. If it can be imagined, it can be done - this is your chance to make this well-loved bungalow a family home again and bring your vision to life in a truly special community.


Upcoming Open House

Nov 23Sun1:00 PM - 3:00 PM

Property Details

StyleBungalow
View-
Age of property1960
SqFt~1195.00 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberA2270433
Community NameRimbey
Data SourcePILLAR 9
Listing byColdwell Banker OnTrack Realty

Features

Heating: Central,Natural Gas
Basement: Full,Finished,None

Basement Floor

Laundry

0`0" x 0`0"

Family Room

16`6" x 11`7"


Features

Patio: Deck,See Remarks

Parking

Garage spaces 2

Garage type -

Other parking spaces 1

Total parking spaces 3


Property History

Nov 17, 2025
ListedActive
$256,900
3 days on market
history photo preview20
Listing by pillar 9®
Property listed by Coldwell Banker OnTrack Realty, Brokerage
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Market Data - Rimbey

Geo Zone Map ThumbnailRimbey

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

63 days

2023

83 days

2022

47 days

New Listings

Past 30 days

6 listings

Compared to

2024

2 listings

2023

4 listings

2022

4 listings

Units sold

Past 30 days

1 unit

Compared to

2024

6 units

2023

3 units

2022

3 units

Median Sold Price

Past 30 days

$248,000

Compared to

2024

$265,100

2023

$215,000

2022

$197,800


Population and Demographics

Overview

Total population 1942
Average household income $91,331

Age (%)

0 to 19
22%
20 to 34
13%
35 to 49
15%
50 to 64
18%
65 and plus
33%

Household composition (%)

Single family
58%
Single person
39%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
Others
4%
German
1%

House tenancy (%)

Owners
73%
Renters
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget