01 / Property Detail
JOHNSTONE PARK
1216, 31 Jamieson Avenue , Red Deer, AB
$204,900
Residential · MLS® A22812802Bedrooms
1Bathrooms
835Sq Ft
2Garage
2008Year Built
02 / Overview
PROPERTY OVERVIEW
Enjoy easy living in this bright 2-bedroom, 1-bathroom ground-level condo in Johnstone Landing, located in the desirable community of Johnstone Park. The functional open concept layout offers a comfortable living and dining space filled with natural light from the large front window, while the two well-sized bedrooms provide flexible space for rest, guests, or a home office. One of the standout features is the ground-floor access, perfect for easy move-ins, pet owners, or anyone looking for stair-free living. The unit...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFive Plus
Total Finished Area835 sq ft
Lot Size826 sq ft
ZoningR-M
HeatingIn Floor • Hot Water
CoolingNone
ParkingParking Pad
ExteriorOther
BasementNone
Year Built2008
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$441After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.9%With 20% down payment
Est. Monthly Rent$1,561Based on comparable rentals
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05 / Location
JOHNSTONE PARK
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Meaghan Cooney · CIR Realty