01 / Property Detail

NONE

53 Springwood Drive Ne, Slave Lake, AB

$749,000

Residential · MLS® A2283188
5Bedrooms
4Bathrooms
2,702Sq Ft
3Garage
2013Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to your dream oasis! This exquisite 5-bedroom, 3.5-bathroom residence perfectly blends modern elegance and comfort, nestled in one of the most desirable neighbourhoods. As you step inside, you're greeted by an expansive open-concept layout that bathes in an abundance of natural light, creating a warm and inviting atmosphere throughout. The heart of this home is undoubtedly the large kitchen, featuring sleek Italian granite countertops and a generously sized island that beckons for gatherings with family and friends. The walk-through...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,702 sq ft
Lot Size9,640 sq ft
ZoningR1A
HeatingIn Floor • Forced Air
CoolingCentral Air
ParkingHeated Driveway • Heated Garage • Triple Garage Attached
ExteriorStorage
BasementFull
Year Built2013
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,660After mortgage & expenses
Cap Rate7.1%Based on market rents
Cash on Cash Return13.3%With 20% down payment
Est. Monthly Rent$4,979Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by KATEE NELSON · ROYAL LEPAGE PROGRESSIVE REALTY