Active
GARDEN HEIGHTS
42 Grove Close , Red Deer, AB
$899,900
Residential · MLS® A22795414Bedrooms
4Bathrooms
2,247Sq Ft
3Garage
2014Year Built
02 / Overview
PROPERTY OVERVIEW
Stunning 2 storey, backing directly on to the Mackenzie Trail System and a forested reserve. Big & beautiful with triple car garage (tandem), walk-out basement and a location that can't be beat! Triple pane windows capture the beauty of the outside, with an open concept and high ceilings to further enhance this aspect. The spectacular front entryway has soaring ceilings and there is an office with double doors and large window, perfect for home based business. ...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area2,247 sq ft
Lot Size6,685 sq ft
ZoningR-L
HeatingIn Floor • Fireplace(s) • Forced Air
CoolingCentral Air
ParkingGarage Door Opener • Heated Garage • Oversized • Tandem • Triple Garage Attached
ExteriorBBQ gas line • Fire Pit • Storage
BasementFull
Year Built2014
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$13After mortgage & expenses
Cap Rate4.5%Based on market rents
Cash on Cash Return0.1%With 20% down payment
Est. Monthly Rent$4,132Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GARDEN HEIGHTS
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Investment ScoreN/A
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Listed by Lori Loney · RE/MAX real estate central alberta