01 / Property Detail

NONE

205, 4500 50 Avenue , Olds, AB

$314,900

Residential · MLS® A2275858
2Bedrooms
2Bathrooms
934Sq Ft
1Garage
2006Year Built
02 / Overview

PROPERTY OVERVIEW

RENOVATED & MOVE-IN READY + SURE TO IMPRESS Legacy Village 55+ condo located in the HEART of Olds! Your beautifully updated & IMMACULATE second storey 2 BED + 2 BATH home with covered 9x7 balcony overlooking the gorgeous WEST GARDENS/GREEN SPACE is the PRIME LOCATION in this sought-after and prestigious FRIENDLY & VERY WELL-MANAGED complex. Your new home also comes w/ ONE outdoor parking stall just steps from the front entrance. The 55+ complex has absolutely ALL of...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area934 sq ft
ZoningR3
HeatingBaseboard • Hot Water • Natural Gas
CoolingNone
ParkingAsphalt • Assigned • Outside • Stall
ExteriorCourtyard
Year Built2006
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$378After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.2%With 20% down payment
Est. Monthly Rent$1,735Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Kelly Turner · Real Estate Professionals Inc.