01 / Property Detail

DOWNTOWN RED DEER

330, 4512 52 Avenue , Red Deer, AB

$299,900

Residential · MLS® A2283975
1Bedrooms
1Bathrooms
955Sq Ft
1Garage
2001Year Built
02 / Overview

PROPERTY OVERVIEW

This 55+ secure building has a lot to offer, such as the indoor salt water heated swimming pool, hot tub, infrared sauna, gym, guest suites, craft room, pool tables, library, wood shop, car wash and the list goes on.

This modern west facing unit has been updated with paint, lighting and new kitchen appliances, (2024). The unit boasts a very spacious (955 S/F) open floor plan. It has a good size kitchen with corner pantry and numerous solid oak cabinets. The...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area955 sq ft
Lot Size861 sq ft
ZoningDC(9)
HeatingBaseboard • Fireplace(s) • Natural Gas
CoolingCentral Air
ParkingParkade
ExteriorNone
Year Built2001
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$284After mortgage & expenses
Cap Rate3.3%Based on market rents
Cash on Cash Return-5.7%With 20% down payment
Est. Monthly Rent$1,721Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN RED DEER

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

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Listed by Erin Holowach · ComFree