01 / Property Detail
LANCASTER GREEN
5308, 2660 22 Street , Red Deer, AB
$259,900
Residential · MLS® A22837261Bedrooms
2Bathrooms
1,171Sq Ft
1Garage
2009Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this rare unit --a great opportunity for the buyer seeking space, light, and a layout that stands out from the ordinary. This spacious 1171 sq ft 3rd floor condo offering a penthouse-like feel with tall ceilings, large windows, and peaceful courtyard views. The unique layout creates excellent separation between living and private spaces, with a bathroom tucked away from the main living area. The open concept design features expansive living and dining areas with...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,171 sq ft
Lot Size1,173 sq ft
ZoningR-M
HeatingBoiler
CoolingCentral Air
ParkingStall • Underground
ExteriorCourtyard
Year Built2009
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$340After mortgage & expenses
Cap Rate6.0%Based on market rents
Cash on Cash Return7.9%With 20% down payment
Est. Monthly Rent$2,099Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
LANCASTER GREEN
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Tracey Christensen · CIR Realty