Active
OLINDA MEADOW
6, 26174 Highway 11 , Rural Red Deer County, AB
$1,375,000
Residential · MLS® A22787365Bedrooms
5Bathrooms
5,201.83Sq Ft
6Garage
2006Year Built
02 / Overview
PROPERTY OVERVIEW
OPEN HOUSE, SATURDAY, APRIL 11, 12:00PM-3:00PM: Perched high above the Red Deer River in the prestigious enclave of Olinda Meadows, this remarkable estate acreage offers a lifestyle rooted in space, privacy, and everyday ease - just ten minutes from Red Deer shopping, dining, and services, Canyon Ski Lodge and Parkland Nurseries only moments away. Set on 3.01 beautifully treed acres, the property is introduced by a gated, meandering driveway that winds through mature trees and opens to a home...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area5,201.83 sq ft
Lot Size131,115 sq ft
ZoningR-1
HeatingForced Air • Natural Gas • Wood Stove
CoolingCentral Air
Parking220 Volt Wiring • Garage Door Opener • Heated Garage • Insulated • Quad or More Attached • RV Access/Parking • Triple Garage Attached • Workshop in Garage
ExteriorPrivate Yard • RV Hookup
BasementFull
Year Built2006
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$2,907After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.7%With 20% down payment
Est. Monthly Rent$9,353Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
OLINDA MEADOW
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Listed by Ruth Alexander · Real Broker