01 / Property Detail
SOUTH HILL
306, 4902 37 Street , Red Deer, AB
$230,000
Residential · MLS® A22692892Bedrooms
1Bathrooms
850Sq Ft
1Garage
1979Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to the sought-after Checkmate Building on Red Deer’s South Hill! This bright and spacious 2-bedroom, 1-bath condo is ideally situated on the 3rd floor and features a balcony that extends the full length of the unit—perfect for enjoying morning coffee or evening sunsets. Step inside to the large entry way which then opens up to the living and kitchen area. The kitchen offers a large island with beautiful marble counters, plenty of oak cabinetry, and ample workspace...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys14
Total Finished Area850 sq ft
ZoningR-H
HeatingBoiler
CoolingCentral Air
ParkingUnderground
ExteriorBalcony
Year Built1979
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$87After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.3%With 20% down payment
Est. Monthly Rent$1,588Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SOUTH HILL
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Jenna Smith · Century 21 Maximum