$568,800

Residential · MLS® A2277971
4Bedrooms
3Bathrooms
1,187.2Sq Ft
2Garage
1973Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 403 Queen Alexandra Way SE, a rare find in the heart of the family-friendly community of Queensland. This 4-bedroom, 3-bathroom home offers a unique blend of space, convenience, and opportunity. With a separate private rear entrance and an R-CG zoned lot, the property is well-suited for multi-generational living or future redevelopment potential.

Notable updates include a roof (2014), furnace (2014), windows (2016), and a brand-new hot water tank (2025), giving peace of mind to the next owner. Adding to...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,187.2 sq ft
Lot Size551 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDouble Garage Attached
ExteriorGarden • Private Yard
BasementFull
Year Built1973
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$243After mortgage & expenses
Cap Rate4.0%Based on market rents
Cash on Cash Return-2.6%With 20% down payment
Est. Monthly Rent$2,278Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

QUEENSLAND

Moderate Investment
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Investment Score74/100
Avg Home Price$587K
Active Listings4
Listed by Hannah McLaren · TREC The Real Estate Company