01 / Property Detail
NONE
423 Meadowlark Way , Vulcan, AB
$389,900
Residential · MLS® A22535801Bedrooms
2Bathrooms
914Sq Ft
1Garage
2025Year Built
02 / Overview
PROPERTY OVERVIEW
The Villas at Meadowlark Way, built by RA West International, combine quality craftsmanship with modern design. With a reputation for building residential and commercial projects since 1998, this builder brings trusted experience to the community. This bi-level floor plan offers approximately 914 sq. ft. of well-planned living space. The main floor features a spacious primary bedroom complete with a walk-in closet and ensuite and an additional half bathroom for guests. The open-concept living room is highlighted by a built-in electric...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFour Plex
Total Finished Area914 sq ft
Lot Size2,775 sq ft
ZoningR-2
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Attached
ExteriorBBQ gas line
BasementFull
Year Built2025
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$203After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.1%With 20% down payment
Est. Monthly Rent$1,650Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
NONE
Needs ReviewLoading map...
Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Whitney Maronda · RE/MAX REAL ESTATE - LETHBRIDGE