$117,500
Residential · MLS® A22803672Bedrooms
1Bathrooms
810Sq Ft
1Garage
1976Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to Unit #303 at Devonshire Place, a top-floor condo located in the highly desirable Pines neighborhood of Red Deer, an area well known for its mature trees, established nature. This 2-bedroom, 1-bathroom unit offers approximately 821 sq. ft. of comfortable living space and represents a great opportunity for first-time buyers, investors, or down-sizers seeking low-maintenance living in a quiet, established community. Situated on the third floor, this unit features a south-facing balcony that fills the home with natural light...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area810 sq ft
ZoningR3
HeatingBoiler • Natural Gas
CoolingNone
ParkingAssigned • Outside • Parking Pad • Plug-In • Stall
ExteriorBalcony • Other
BasementNone
Year Built1976
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$367After mortgage & expenses
Cap Rate8.2%Based on market rents
Cash on Cash Return18.8%With 20% down payment
Est. Monthly Rent$1,518Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
PINES
Loading map...
Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
Community statistics are being updated. Check back soon for detailed insights.
Listed by Asha Chimiuk · RE/MAX real estate central alberta