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Park Terrace

5100 52 Street, Olds, AB T4H 1Y1

Park Terrace, at 5100 52 Street, is a condo building in Olds, Alberta. It was built in 2004 and stands 4 storeys tall.

Year Built
2004
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$307,333.333
Median Sold
$315,000
Price Range
$275,000 – $332,000
Avg $/SqFt
$311.459
Sales (2yr)
3
Avg Days on Market
18.33333333333333

Last sale: Apr 23, 2026

Condo Fees

Avg Monthly Fee
$440.277
Median Fee
$469.35
Avg $/SqFt
$0.444
Units w/ Fee Data
3
Fee IncludesHeat, Water

Building Features

ExteriorConcrete,Vinyl Siding
AmenitiesElevator, heated underground parkade, storage, Games/Puzzle Room, Breakfast/Lunch/Coffee Area, outdoor fenced area
Building TypeLow-rise apartment
Floors4 storeys
Year Built2004

Policies

Pet PolicyNo pets
Age Restriction55+

About This Building

Park Terrace is a 55+ adult condominium building constructed in 2004 at 5100 52 Street in Olds. This four-storey low-rise apartment complex features concrete and vinyl siding exterior with elevator access, heated underground parkade, and common areas including a games room and coffee lounge. The building sits across from the Olds Sportsplex and within walking distance of downtown, the public library, and Centennial Park. Recent sales have averaged around $307,000, with monthly condo fees of approximately $440. Before finalizing a purchase, prospective buyers should have a professional review conducted of the reserve fund study, financial statements, board minutes, bylaws, and insurance documentation to ensure a sound investment.

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