Active

TERRACE

6 Palisades Way Ne, Medicine Hat, AB

$650,000

Residential · MLS® A2274095
3Bedrooms
4Bathrooms
1,726Sq Ft
2Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

Take in the beautiful river valley views from this spacious 3-bedroom executive condo in the Palisades. This unique three-story walkout is designed to make the most of the scenery, with large picture windows on the main and upper levels that fill the home with natural light and frame the stunning landscape. The layout is perfect for anyone wanting extra space or privacy, as each floor features its own bedroom and bathroom. Whether you have family staying with you or guests...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Storeys2
Total Finished Area1,726 sq ft
Lot Size3,878 sq ft
ZoningR-MD
HeatingForced Air • Hot Water • Natural Gas
CoolingCentral Air
ParkingDouble Garage Detached • Off Street
ExteriorOther
BasementFull
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$742After mortgage & expenses
Cap Rate3.1%Based on market rents
Cash on Cash Return-6.8%With 20% down payment
Est. Monthly Rent$3,171Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

TERRACE

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Investment ScoreN/A
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Listed by DAVID MULDER · RE/MAX MEDALTA REAL ESTATE