01 / Property Detail

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2703 16 Avenue , Coaldale, AB

$425,000

Residential · MLS® A2262672
3Bedrooms
3Bathrooms
1,385Sq Ft
1Garage
2025Year Built
02 / Overview

PROPERTY OVERVIEW

Built by your trusted local builder GRIZZLY RIDGE DEVELOPMENTS, this brand new end-unit townhouse in Coaldale’s vibrant new community of Malloy Landing offers exceptional craftsmanship and modern design. Completion is set for June 2026, giving you the opportunity to secure your home early and personalize finishes.

Featuring 3 bedrooms and 2.5 bathrooms, this thoughtfully designed home includes a chef’s kitchen with pantry, boot room off the back door, and rear parking pad. Choose upgrades like kitchen cabinets to the ceiling or...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area1,385 sq ft
Lot Size2,950 sq ft
ZoningR1A
HeatingForced Air • Natural Gas
CoolingNone
ParkingConcrete Driveway • Parking Pad
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built2025
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$691After mortgage & expenses
Cap Rate6.4%Based on market rents
Cash on Cash Return9.8%With 20% down payment
Est. Monthly Rent$2,574Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by JULIA ZANONI · Century 21 Foothills South Real Estate