$550,000

Residential · MLS® A2272297
3Bedrooms
2Bathrooms
1,942.14Sq Ft
2Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

A Beautiful Modular Home on 1.01 Acre in Water Valley, Alberta

Welcome to this beautifully and fully renovated 1,942 sq. ft. modular bungalow set on a quiet and privately serviced 1.01-acre parcel in the heart of Water Valley. Built on steel beams and a wood foundation & concrete Piles, this home offers exceptional stability and peace of mind—perfect for comfortable, low-maintenance country living.

The bright, functional floor plan features three bedrooms, two full 4-piece bathrooms, and spacious open living areas, all on...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area1,942.14 sq ft
Lot Size43,560 sq ft
ZoningR-CR
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Attached • Driveway
ExteriorPrivate Yard
BasementNone
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,112After mortgage & expenses
Cap Rate6.9%Based on market rents
Cash on Cash Return12.1%With 20% down payment
Est. Monthly Rent$3,549Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LITTLE RED ACRES

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

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Listed by Adam McMillan · Real Broker