01 / Property Detail

ORIOLE PARK WEST

40 Oakfield Close , Red Deer, AB

$899,900

Residential · MLS® A2262027
5Bedrooms
3Bathrooms
1,701Sq Ft
4Garage
2007Year Built
02 / Overview

PROPERTY OVERVIEW

Nestled on a large pie-shaped lot siding onto city trails leading to the Red Deer River, this exceptional custom-built home with two double car garages offers privacy, space, and a truly unique setting. Thoughtfully engineered and built by the original owner, this property showcases quality construction, impressive living spaces, and features designed for both comfort and entertaining.

The main floor features an open-concept design with soaring tray ceilings, custom lighting, and a spacious living room centered around a striking three-sided gas...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,701 sq ft
Lot Size8,440 sq ft
ZoningR-L
HeatingIn Floor • Fireplace(s) • Forced Air • Natural Gas
CoolingCentral Air
ParkingAdditional Parking • Alley Access • Concrete Driveway • Double Garage Attached • Double Garage Detached • Garage Door Opener • Garage Faces Front • Gravel Driveway • Heated Garage • Insulated
ExteriorFire Pit
BasementFull
Year Built2007
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$761After mortgage & expenses
Cap Rate3.5%Based on market rents
Cash on Cash Return-5.1%With 20% down payment
Est. Monthly Rent$3,227Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ORIOLE PARK WEST

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Melissa Morin · Century 21 Maximum