$169,900

Residential · MLS® A2282598
2Bedrooms
2Bathrooms
880Sq Ft
1Garage
2006Year Built
02 / Overview

PROPERTY OVERVIEW

*Back on market due to buyer's circumstances changing* Trying to avoid the ever-rising rental rates in Grande Prairie? It's time to consider condo ownership! This bright, freshly painted, well-kept corner unit has large windows, plenty of natural light, and beautiful sunset views. This unit features two bedrooms located on opposite sides for privacy, along with two full bathrooms for everyday convenience. No carpet throughout, making it easy to clean and maintain. In-suite washer, dryer, and dishwasher are included, plus one...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area880 sq ft
ZoningRM
HeatingBoiler • Natural Gas
CoolingNone
ParkingStall
ExteriorBalcony
Year Built2006
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$217After mortgage & expenses
Cap Rate6.0%Based on market rents
Cash on Cash Return7.7%With 20% down payment
Est. Monthly Rent$1,640Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LAKELAND

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Sam McColman · Royal LePage - The Realty Group